October 24, 2016
In a sense, recently passed New York regulations on Airbnb Inc. return it to its community roots of sharing homes. The regulation, signed into law Friday, levies a fine of up to $7,500 on advertising short-term rentals of less than 30 days. This means users can still list a room in their home, but cannot advertise entire apartments….
Source: http://www.marketwatch.com/story/a-grown-up-airbnb-now-has-to-face-regulation-2016-10-24