The report found that the pervasive use of Airbnb in New York City is likely the indirect causation of incredibly low residential vacancy rates and rising rental rates. In June of 2016, housing advocacy groups Housing Conservation Coordinators and MFY Legal Service jointly issued a study on the impact Airbnb and similar short-term rental-facilitating platforms have on the traditional housing market in New York City. While there are several companies connecting short-term rental apartments with … <Read More>
Housing Conservation Coordinators
Legislation Proposed in NY State Assembly Would Put an End to Online Advertising of Illegal Short-Term Apartment Rentals
Elected officials and affordable housing activists unite at State capitol in support of the legislation. On February 24, 2016, 300 members and supporters of the Share Better coalition rallied at the State capitol in support of Assembly Bill A08704, which would ban most online listings advertising rental apartments for less than thirty days per renter. Bill A08704 was proposed to the State Assembly approximately one month after a report was released to the public that … <Read More>