London Daily

Focus on the big picture.

A New York City Airbnb has nearly $1M in fines. It hasn't paid any of them, new Bloomberg report says

A New York City Airbnb has nearly $1M in fines. It hasn't paid any of them, new Bloomberg report says

A home in Flushing, Queens, has accumulated nearly $1M in fines for its illegal use as an Airbnb. Now the city is trying to listings just like it.
A New York City home has accumulated nearly $1 million in fines over its illegal use as an Airbnb for years. It's just one of thousands like it.

The home in Flushing, Queens, has been on the city's radar for years, according to a new Bloomberg report, because it illegally housed people in its basement and attic. It has accumulated complaints, violations, and an order to vacate part of the building.

According to Bloomberg, it racked up more fines than nearly any other Airbnb in the city in 2021, and defaulted on more than $984,000 in penalties. The homeowner still hasn't paid those fines, Bloomberg reported.

The house sits at the center of a debate in New York between Airbnb, its hosts, and existing — and pending — short-term rental rules in the city.

Under a new law that goes into effect this spring, short-term rental hosts will have to register with the city, and Airbnb and companies like it won't be allowed to collect booking fees on unregistered properties, Bloomberg reported.

Hosts will have to submit several documents to the city, including a diagram with exit routes, proof the host is a resident of the building, and the number of non-host residents in the building.

For Airbnb and many of its short-term rental hosts, the rules pose a threat to the bottom line.

"Regular New Yorkers should be able to share their home and not be targeted by the city at a time when many families are trying to keep up with the rising cost of living," Nathan Rotman, Airbnb's regional public policy lead, told Bloomberg. "The rules as currently written will prevent the vast majority of New Yorkers from listing their homes, and we urge the administration to work with our host community to support a regulatory framework that helps responsible Hosts and targets illegal hotel operators."

But the city argues that short-term rentals deplete housing stock and push up costs for residents, according to Bloomberg. The city already cracked down on rentals in some cases: In July, Mayor Eric Adams' administration filed a lawsuit to shut down an illegal short-term rental operation.

"Safe, stable, and affordable housing is fundamental to a prosperous city, so we will not allow bad actors to deplete our housing stock and undermine our hospitality sector," Adams said in a press release.

The mayor also blamed fake host profiles on sites like Airbnb used "to deceive and lure unsuspecting guests into paying for substandard lodging at illegal rental listings."

The Queens home is in good company, Bloomberg reported. Of the 29,000 short-term rental listings in the city, about a third of them are listed illegally, according to the Adams administration.

But, even with a large portion of problematic listings and a growing pile of fines, experts say Airbnb hosts can't hide from regulations forever.

"If you're going to be a legitimate ongoing business concern you can't do this," Chris Slowik, a property lawyer and partner at Klein Slowik PLLC, told Bloomberg.
Newsletter

Related Articles

London Daily
0:00
0:00
Close
EU to Transfer Interest from Frozen Russian Funds to Ukraine
Greenpeace Co-Founder Paul Watson Arrested in Greenland
EU Relocates Summit to Punish Hungary over Orban's Ukraine Visit
Netanyahu Seeks Meeting with Trump During Washington Visit
World's Hottest Day Recorded on July 21
UK Labour Government To Halt Migrant Housing on Accommodation Barge
President Biden Returns to White House After Testing COVID Negative
Trump Says Kamala Harris Would Be Easier Election Opponent Than Biden
Thousands Protest in Mallorca Against Mass Tourism
Immigration Crackdown Targets Car Washes and Beauty Sector
Nigeria's Controversial Return to Colonial-Era National Anthem
Hacking Vulnerabilities: Androids vs. iPhones
Ukraine Crisis Should Be EU's Responsibility, Says Trump’s Envoy
A Week of Turmoil: Key Moments in US Politics
Barrow's Sacred Heart Primary School Faces Long-Term Closure
German National Sentenced to Death in Belarus
Elon Musk's Companies Drop CrowdStrike After Global Windows 10 Outage
US Advises India on Russian Ties Amid Geopolitical Shifts
Trump Pledges to End Ukraine Conflict if Reelected
Global IT Outage Unveils Digital Vulnerabilities
Global IT Outage Sparks Questions About Financial Accountability
CrowdStrike Bug Affects 8.5 Million Windows Devices
Flights Resume After Major Microsoft Outage
US Criticizes International Court's Opinion on Israeli Occupation
CrowdStrike Update Causes Global IT Outage Due to Skipped Quality Checks
EU’s Patronizing Attitude Towards Africa Revealed
Netanyahu Denounces World Court Ruling on Israeli Occupation
Adidas Drops Bella Hadid Over Controversy
Global Outage Caused by CrowdStrike Update Impacts Millions
Massive Flight Cancellations Across the U.S. Due to Microsoft Outage
Global Windows Outage Causes Chaos Across Banks, Airlines, and More
Russia Accuses Ukraine of Using Chemical Weapons
UK's Flawed COVID-19 Planning Exposed by Inquiry
Ursula von der Leyen Wins Second Term as European Commission President
Police Officer Injured in Attack in Central Paris
Hulk Hogan absolutely tore it up at the RNC.
Paris is being "cleansed" of migrants and homeless people ahead of the Olympics.
Lamine Yamal arriving at his school after winning the Euros
Campaigners Urge UK Government to Block Shein's London IPO
UK Labour Government's Legislative Agenda
UK Labour Government to Regulate Powerful AI Models
Record Heat Temperatures in Ukraine Amid Power Crisis
UK Government Plans to Remove 92 Hereditary Peers from House of Lords
King Charles III Delivers Labour Government's First King's Speech
Officials Remove 'Disastrous' Label from Liz Truss's Mini-Budget
Keir Starmer Outlines Ambitious Plans for Government
Japan to Allocate $3.3 Billion to Ukraine Using Frozen Russian Assets
EU Parliament Condemns Hungarian PM's Russia Visit
FBI Struggles to Find Motive Behind Trump Shooting Incident
Kremlin Criticizes EU Rejection of Orban’s Ukraine Peace Proposal
×