SQUATTER'S PARADISE? America's biggest city 'playing with fire' over this new rule, attorney says
Fox News
New York City is enforcing new rules on short-term rentals may breed misuse when factoring in state-wide squatter's rights, real estate attorney Dean Roberts said.
"Anybody who's using Airbnb to rent out for 30 days is seriously playing with fire," Roberts told Fox News. "These regulations will create issues and opportunities for misuse." Teny Sahakian is an Associate Producer/Writer for Fox News. Follow Teny on Twitter at @tenysahakian.
The New York City Mayor’s Office of Special Enforcement began enforcing Local Law 18, or the Short-Term Rental Registration Law, on Sept. 5 after a series of legal challenges from Airbnb held up the legislation. The law requires hosts to register any rentals shorter than 30 days with the mayor’s office and bars booking platforms like Airbnb, Vrbo and Booking.com from "processing transactions for unregistered short-term rentals," according to NYC.gov.
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