City Council bill regulating Airbnb has enough support to pass

The legislation will be introduced Thursday

New York /
Jun.June 07, 2018 08:35 AM

CEO Brian Chesky and the Airbnb website (Credit: Getty Images and Airbnb)

A City Council bill intended to rein in Airbnb already has enough support to pass.

Thirty-one Council members signed on the legislation, five more than needed for passage, Politico reported. Five more lawmakers said they would co-sponsor it, giving it enough support to avoid a veto.

The legislation — to be introduced Thursday — would require Airbnb and other short-term rental companies to give monthly data on booked listings to the city’s Office of Special Enforcement. The requirements would include hosts’ names and addresses and the addresses and booking numbers for listings.

Politico previously reported that, under the bill, companies can be fined between $5,000 and $25,000 for each listing that isn’t shared with the city.

Under state law, residents of most apartment buildings are barred from renting their units for fewer than 30 days unless they are present. Airbnb is pushing for a bill that would do away with this restriction.

The company has said the City Council’s bill violates internet privacy laws. It also questioned the methodology of Comptroller Scott Stringer’s report blaming Airbnb for rising rents in the city. [Politico] — Meenal Vamburkar

 

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
The Airbnb crackdown continues: City targets three more buildings
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 host narrowly clears hurdle in First Amendment claim against city
A West Village Airbnb listing (Credit: Airbnb)
Airbnb Luxe launched without listings in one of their biggest potential markets — why?
Airbnb Luxe launched without listings in one of their biggest potential markets — why?
MR Property Builders' Rich Rauff and 45th Street between Pacific and Prospect Streets in Copiague (Getty Images, Google Maps, MR Property Builders)
Honey, they shrunk the housing: Long Island project withers
Honey, they shrunk the housing: Long Island project withers
Douglas Elliman's Howard Lorber and Tongo's Brandon Wright (Getty Images, LinkedIn/Brandon Wright)
Elliman gets into payday loan business as market cools
Elliman gets into payday loan business as market cools
Village of Lawrence mayor Alex Edelman (Facebook, Getty)
Shovels down! Hempstead Town halts development in two villages
Shovels down! Hempstead Town halts development in two villages
(Illustration by The Real Deal with Getty Images)
Home prices cooled at historic rate in July
Home prices cooled at historic rate in July
A photo illustration of Daniel Brodsky and 75 West End Avenue (Getty Images, Google Maps)
Brodsky brings challenge to NYC Airbnb law
Brodsky brings challenge to NYC Airbnb law
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...