A Manhattan Housing Court judge has ruled that rent-stabilized tenants can’t double-dip — or get a financial break and turn around and make money peddling their pads to tourists on websites such as Airbnb.
The ruling is the first to outright evict a tenant under rent controls without giving him a second chance, said Frank Ricci of the Rent Stabilization Association, which represents more than 25,000 landlords.
And the decision lays down the law for most of the 35,354 Airbnb listings in the city, whose hosts make about $304 million in revenue, said state Sen. Liz Krueger, an opponent of the site.
While Justice Jack Stoller’s decision is not considered case law, it can be cited in rulings to thwart would-be Airbnb users.
Stoller was incensed over a subletting scheme by Hell’s Kitchen tenant Henry Ikezi and ordered him evicted from his discounted two-bedroom penthouse by the end of the month.