Cooperatives > Airbnb

As you may have read in our 2016 and 2018 articles, it has been illegal in New York since 2010 to rent an apartment in a multiple dwelling for less than 30 days pursuant to § 4 of the NY Multiple Dwelling Law. Notwithstanding this law, illegal short-term rentals in New York flourished resulting in a new law being enacted…Read More

Since 2010, renting out apartments in multiple dwelling for a term less than 30 days has been illegal in New York State under § 4 of the New York Multiple Dwelling Law (the “N.Y. Mult. Dwell. Law”). As discussed in our December 20, 2016 post “Airbnb Settles with New York State: New Developments in Short-Term, Rental Law,” in 2016, Airbnb…Read More

Airbnb is a global technology company with huge revenues that facilitates apartment rentals by owners and tenants to third parties, often tourists, on a short-term basis.  Airbnb reached a settlement with New York State earlier this month, which dropped the lawsuit Airbnb brought challenging a new law that went into effect in October 2016, which would have levied fines from…Read More