Information Sharing: Home-sharing platforms such as Airbnb are legally obliged to share your information with New York City if you don’t consent, you won’t be able to list your property on the platform.Since advertising illegal short-term rentals is also prohibited by the MDL, just listing a class A unit on Airbnb or a similar site can also lead to fines from $1,000 for a first violation to $7,500 for a third or subsequent violation. In New York City, the Mayor’s Office of Special Enforcement (OSE) is authorized to issue fines up to $2,500 per day for class A rentals of less than 30 days. For the purposes of this definition, ‘permanent residence purposes’ shall consist of occupancy of a dwelling unit by the same natural person or family for thirty consecutive days or more.” Under the MDL, one is permitted to have friends or family members stay in their property for less than 30 days for free, but once any moneyĮxchanges hands (e.g., on a platform like Airbnb or VRBO), a violation has occurred.įines for non-compliance are also steep. As the MDL clearly states, “A class A multiple dwelling shall only be used for permanent residence purposes. Most housing stock in New York City is classified as “class A”-that is, “a multiple dwelling that is occupied for permanent residence purposes” (e.g., tenement, flat house, maisonette apartment, or apartment house). Since 2016, most short-term rentals, including many of the rentals found on sites such as Airbnb and VRBO, have been prohibited under the New York State Multiple Dwelling Law (MDL).
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