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Re:NY Attorney General hits AirBnB with subpoena for user data by apaprocki on Monday October 07, 2013 @02:55PM (#6510374)
As much as people want to like AirBnb, I'd guess most rentals in NYC are illegal given the existing laws on the books. This is why NY is requesting the data from AirBnb.

Owners can not rent less than 30 days unless they are present. In addition, I do not know of a single condominium building that allows AirBnb style rentals -- most at this point have modified their rules/by-laws to explicitly forbid it so as not to leave any room for interpretation open.

I am President of my condo board and we both have this language in our rules as well as have a hefty fine for violating them. The minimum allowed rental is 12 months and includes a full background and financial check. Unit owners with common amenities do _not_ want short-term rentals in their buildings and can prevent them legally.

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