More than half the Airbnb rentals in New York City for the month of November may have been illegal based on rent laws in the state, according to a New York Daily News report.
After pressure from New York government officials, particularly State Attorney General Eric T. Schneiderman, the short-term rental website finally conceded to sharing its user data. On Tuesday, the start-up revealed data showing the type of listings available, and how much money the hosts make, according to the New York Times.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
A Daily News analysis of the data found that of the 35, 966 listings for New York City last month, 19, 742, or about 55 percent, were for an entire apartment. Under state law it is illegal to rent out an entire apartment for less than 30 days, unless it is a one- or two- family home.
The Times was more conservative on the analysis saying it was unclear what percentage of homes were defaulting on the law.
