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New York Passes Strict Advertising Law Aimed At Airbnb

New York State legislators passed a bill today that will heavily fine hosts on Airbnb and other short-term rental sites for listings that violate the state‚Äôs short-term rental laws. The bill prohibits online apartment listings that last under 30 days and run up against the city’s multiple dwelling law. The bill calls for heavy fines for violators: $1,000 for the first violation, $5,000 the second time, and up to $7,500 for the third. The legislation cleared the New York state Senate by an overwhelming margin and now goes to the desk of New... 
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