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01/14/2019
WSJ – New York Suit Says Airbnb Used in $20 Million Illegal Hotel Scheme

January 14, 2019 A Manhattan residential brokerage was the hub of a wide-reaching illegal hotel scheme—primarily through listings on Airbnb Inc.—that earned more than $20 million over three years, a lawsuit by New York City said on Monday. The lawsuit said that five current or former employees at Metropolitan Property Group, a firm that specializes […]

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01/10/2019
Wall Street Journal – New York City Alleges Illegal Airbnb Hotel Ring at Manhattan Building

The Friday before New Year’s, three tourists stood by a doorway on a Midtown Manhattan street, roller suitcases in hand. The visitors said they were waiting for directions to the apartment they booked on Airbnb Inc. Soon, a young woman greeted and led them into the lobby of a nearby building, the Cameo at 311 West 50th St. It was just another day in the cat-and-mouse game between New York City and hosts who list short-term rentals there that are sometimes illegal. Some guests say they aren’t given an exact address and instead are met by a guide on a nearby street as hosts try to avoid unwanted attention. City officials say they uncovered illegal activity at the Cameo anyway. On Wednesday, New York City filed suit against the property owner, the Torkian Group, accusing the firm of allowing a group of hosts to operate a network of illegal short-term rentals at the Cameo and at two other large buildings it owns in Manhattan.

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12/12/2018
Curbed Los Angeles — Los Angeles adopts rules cracking down on Airbnb hosts

Rent-controlled units in Los Angeles will be banned from Airbnb and other short-term rental platforms under regulations adopted Tuesday by the City Council. The rules adopted unanimously Tuesday come after more than three years of deliberation and will take effect in July, applying to the entire city of Los Angeles, including vacation hotspots such as Venice. They are the city’s first […]

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12/12/2018
Los Angeles Times — L.A. approves new rules for Airbnb-type rentals after years of debate

The Los Angeles City Council unanimously voted Tuesday to impose new rules on renting out rooms and homes for short stays, regulating a phenomenon popularized by the rise of online platforms such as Airbnb. The law, which goes into effect in July, allows Angelenos to host such rentals only in their “primary residence,” not a […]

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12/12/2018
CNBC — Los Angeles passes regulation targeting Airbnb

An ordinance that would add new regulations for short-term rental housing on Airbnb and other vacation rental websites was approved Tuesday by the Los Angeles City Council. The ordinance would limit short-term rentals to people renting out their primary residence for vacation rentals and prohibit apartment conversions into what some have called “rogue hotels.” The regulation defines […]