Airbnb has a new adversary: The Related Companies

Landlord asks property managers to turn in tenants listing units on the website

TRD NEW YORK /
Oct.October 03, 2014 11:00 AM

The Related Companies is the latest stakeholder in New York City’s rental market to take on apartment-sharing website Airbnb.

The landlord has deputized building managers at its properties, asking them to be on the hunt for tenants renting out their apartments via the website, Crain’s reported. Related has even considered dishing out $500 rewards to managers who turn in violators, according to the news site.

The plan of attack is mapped out in a 16-page PowerPoint presentation obtained by Crain’s. Managers are to monitor the website and report tenants  to “Airbnb marshals.” A plan to offer a $500 gift card for each resident caught listing on Airbnb was left out of the final presentation, reported Crain’s.

Airbnb has squared off with the New York State attorney general over releasing user information and faced lawsuits over illegal rentals in Gotham. Related’s actions signal a new front in the battle over short-term rentals.

“We are committed to ensuring that all our residential units comply with the rent-stabilization laws and we, along with other landlords in NYC, have developed extensive procedures, protocols and training mechanisms to that end,” a spokesperson for Related told Crain’s. [Crain’s]Tom DiChristopher


Related Articles

arrow_forward_ios
From left: Mayor Bill de Blasio, 54 West 39th Street, 62 Grand Street, and 208 West 30th Street (Credit: Google Maps)

The Airbnb crackdown continues: City targets three more buildings

Related's Jamar Adams and Steve Ross with 14-06 Gateway Boulevard (Credit: Getty Images and Google Maps)

Related is the latest developer to target the Rockaways

Mayor Bill de Blasio and Stanley “Skip” Karol, an Airbnb host (Credit: Getty Images and Youtube)

Airbnb host narrowly clears hurdle in First Amendment claim against city

Airbnb CEO Brian Chesky (Credit: Getty Images, Airbnb)

Airbnb, once profitable, lost $322M in 9 months

Steve Ross, Eliot Spitzer and a rendering of 451 10th Avenue (Credit: Getty Images) 

Spitzer, Related land $276M in financing for Hudson Yards senior housing project

Harvey Hernandez fights back against Airbnb

Harvey Hernandez fights back against Airbnb

Jeff Blau (Credit: Getty Images)

Related’s CEO talks Hudson Yards and “complicated” projects

Harvey HHernandez (Credit: Airbnb)

Airbnb sues Miami partner in branded apartments concept

arrow_forward_ios
Loading...