Dealing with Illegal Hotel Rooms and Short-Term Rentals (NY)

When you consider the amount of money that people stand to make by renting out a room in their apartments, you can understand why so many co-op and condo boards have to handle shareholders and unit-owners who want to get in on some Airbnb action. Many of them may ask, “Hey — if my building allows sublets, I can sublet for short stays, can’t I? And since the law allows roommates, why can’t I rent out my spare bedroom by the day, week, or year?”   Read the article………