Assuming the people who rent out apartments comply with the existing law, they will have to rent out at least 2BR apartments, the supply of which is already very low, and live in the 2nd bedroom while their guests are there. Do you really think that will have a large impact on rent?
On a side note, corporations already effectively do this. I lived in a building in Midtown that was at least 50% corporate housing and there were constantly people there for short stays and the rent increases were massive since the companies weren't price sensitive. However, afaik, that is legal.
they will have to rent out at least 2BR apartments
Or they stay with a friend, a significant other, a cheaper apartment outside the city, their parent's house, etc.
As long as the owner of the apartment is there fine. My upstairs neighbor used to rent out her apt on AirBNB while she was out of town. On two occasions, the occupant flooded my apartment below because they didn't understand how to user a washer and air conditioner properly. I reported the apartment owner to the city by calling 311.
Unless the apartment owner is responsible and insured, this is why it is illegal in New York.
What wasn't trivial was the damage. Thousands of dollars to electronics, desks, furnishings, etc.
AirBNB should be ashamed of themselves for pursuing profits at any costs.
It's one thing to rent your house out in the middle of nowhere. It's another to rent it to eurotrash and let them destroy your building.
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Assuming the people who rent out apartments comply with the existing law, they will have to rent out at least 2BR apartments, the supply of which is already very low, and live in the 2nd bedroom while their guests are there. Do you really think that will have a large impact on rent?
On a side note, corporations already effectively do this. I lived in a building in Midtown that was at least 50% corporate housing and there were constantly people there for short stays and the rent increases were massive since the companies weren't price sensitive. However, afaik, that is legal.
At that point they are violating the existing law. Seems like it would be pretty trivial for a pissed off neighbor to report them then.
As long as the owner of the apartment is there fine. My upstairs neighbor used to rent out her apt on AirBNB while she was out of town. On two occasions, the occupant flooded my apartment below because they didn't understand how to user a washer and air conditioner properly. I reported the apartment owner to the city by calling 311.
Unless the apartment owner is responsible and insured, this is why it is illegal in New York.
What wasn't trivial was the damage. Thousands of dollars to electronics, desks, furnishings, etc.
AirBNB should be ashamed of themselves for pursuing profits at any costs.
It's one thing to rent your house out in the middle of nowhere. It's another to rent it to eurotrash and let them destroy your building.