October 19, 2016
Airbnb attempted to head off regulatory efforts against it in New York City Wednesday with a new rule that limits most hosts to listing one apartment for rent beginning November 1. The new rules would also prohibit short-term rentals in public housing. In rent¬- controlled units, tenants would only be able to rent up to the level of their rents, or a portion of the income would be re¬invested into upkeep of their building. New York lawmakers called the proposal “a Hail Mary” attempt to get around a bill that went to New York Governor Andrew Cuomo on Tuesday. The bill would fine illegal Airbnb operators in the state….
Source: http://www.usatoday.com/story/tech/news/2016/10/19/airbnb-new-york-san-francisco-regulation-law-short-term-rentals/92406486/