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Home / Business / New York City seems to be breaking through on Airbnb in the midst of the real estate crisis

New York City seems to be breaking through on Airbnb in the midst of the real estate crisis



"After taking hundreds of thousands of dollars in the hospitality industry campaign donations, we were not surprised that the city council refused to meet with its own voters to pay the bills of large hotels," said Liz DeBold Fusco, a spokeswoman for Airbnb, in a statement, adding that the bill would violate the privacy of users of the sites and subject them to "uninhibited, aggressive harassment".

The question of what was best for "ordinary New Yorkers" was at the heart of the debate.

A report from McGill University's School of Urban Planning commissioned by the Hotel Workers' Union revealed that nearly half of New York City was let. Airbnb's revenue was earned by 1

0 percent of the city's hosts and undermined the company's argument that New Yorkers regularly benefit from short-term rentals.

"Occasional hosts could be the majority of hosts, but they account for a surprisingly small portion of Airbnb's actual rental activity and earn a surprisingly small amount of actual revenue," the report said.

An April report from the City Comptroller's Office revealed that Airbnb made the city more affordable housing crisis, especially in crowded or gentrifying neighborhoods such as Greenpoint, Bedford-Stuyvesant, Chelsea and Midtown. All in all, tenants paid Airbnb an additional $ 616 million in 2016, according to Airbnb.

Airbnb denied the methodology of both reports and accused the McGill authors of having an "anti-home sharing" bias. And on Wednesday, on the day of the City Council vote, an Airbnb host sued the city, claiming retaliation for advocating home-sharing in June. Airbnb finances the claim of the host.

City officials said the bill was primarily directed to large-scale commercial landowners playing the system.

"Yes, sometimes it's the ordinary New Yorker," said councilor Carlina Rivera, who introduced the bill. "But often, especially in my district, these are landlords who take pension-regulated units out of the housing stock because they would rather get a lot more money a night."


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