May 1, 2017

ALBANY — A day ahead of Airbnb’s big lobby day at the State Capitol, one senator accused the company of conducting a phony grass roots effort. Sen. Liz Krueger also ridiculed Airbnb’s upcoming rally as part of a push to increase the company’s valuation before making a public stock offering. “Once again Albany is about to be subjected to Airbnb’s corporate-funded ‘astroturf’ lobbying, another desperate attempt by the company to raise their valuation before going public,” Krueger (D-Manhattan) said in a statement. “Fortunately for New York City residents, legislators are not buying it.”…

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