Latest in Culture

Image credit: AP Photo/Bebeto Matthews

New York votes to ban ads for whole apartments on Airbnb

The decision puts teeth into existing law protecting residents against illegal hotels.
342 Shares
Share
Tweet
Share
Save

Sponsored Links

AP Photo/Bebeto Matthews

New York already makes it illegal to offer your whole apartment for short-term rentals through services like Airbnb, but it's giving that legislation some added bite. As part of a flurry of end-of-term approvals, the state's assembly and senate have voted for a bill that would make it illegal just to advertise your entire place for a short (under 30 days) rental. You'll face a $1,000 fine the first time you're caught, $5,000 the second time and $7,500 the third. Governor Cuomo still has to sign the bill into law, but that's likely to be a mere formality.

Assuming the measure becomes law, it'll please some local residents as well as the hotel and real estate businesses. They've complained that services like Airbnb enable illegal hotels that both take away apartments for honest-to-goodness residents and drive up rental rates at the units that are left. In theory, this makes it too costly to even consider the tactic -- unless the offending hosts lie about the nature of their rentals, it could be too costly to run these makeshift accommodations.

Not surprisingly, Airbnb isn't happy. It portrays the bill's approval as a conspiracy between the government and the hotel industry, and argues that it'll increase the odds of "bankruptcy, eviction, or foreclosure" for 30,000 state residents who might otherwise struggle to make ends meet. Of course, the truth is mixed. While some of those people were earnestly trying to make money while away from home, it's no secret that many others were snapping up properties solely to profit from Airbnb stays. The would-be law should limit short-term rentals to people who actually live in their homes.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
342 Shares
Share
Tweet
Share
Save

Popular on Engadget

Google stops sending Android cell signal data over privacy concerns

Google stops sending Android cell signal data over privacy concerns

View
Disney+ will have apps for iOS, Apple TV, Android and Xbox One

Disney+ will have apps for iOS, Apple TV, Android and Xbox One

View
'Always Audi' program gives new customers free Silvercar rental days

'Always Audi' program gives new customers free Silvercar rental days

View
The Morning After: The beauty of a ray-traced 'Minecraft'

The Morning After: The beauty of a ray-traced 'Minecraft'

View
HyperX just made its Cloud Alpha gaming headset even better

HyperX just made its Cloud Alpha gaming headset even better

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr