How NYC co-op and condo boards can crackdown on illegal short-term rentals

/ Owner - May 28, 2024

New York City’s crackdown on illegal short-term rentals has made it more difficult for apartment owners and renters to skirt the law and rent out their units. But illegal short-term rental schemes haven’t disappeared completely.  Just two months ago, the city levied $845,000 in fines against a real estate firm for an alleged illegal Airbnb operation. And many NYC’s condo and co-op boards have adopted their own fines and policies to limit illicit rentals.    Read the article…………………………….

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