Connect with us

Hi, what are you looking for?

Jewish Business News


Midtown renter hit with $300k lawsuit for using Airbnb

The tenant was caught illegally and repeatedly renting out her apartment by the city


357 W 54th St, NYC

The landlord of the Midtown building at 357 West 54th Street is suing a tenant for $300, 000 for renting out her apartment on Airbnb. Tenant Madalina Iacob is accused of costing the building over $60, 000 in fines after repeatedly renting out her apartment for $200 a night on short term rentals sites including Airbnb, according to the New York Daily News.

“Under the law, the landlord is strictly liable even though it’s the tenant causing the violation — and even though we’re not participating in this with this lady, ” the building’s lawyer, Lawrence Silberman, told the Daily News.

Please help us out :
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
Thank you.

Iacob, a yoga instructor and life coach, pays $2, 095-a-month for her one-bedroom apartment, but was caught illegally renting out her apartment for profit by the city in May, earning the building four violations, according to court papers.

Read the full story at The Real Deal, by Christopher Cameron 




You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.