With only two full days left in their 2016 legislative session, state lawmakers are poised to deal a blow to Airbnb.
A bipartisan bill to ban Airbnb-style posts for short-term sublets is moving swiftly through legislative committees and could get floor votes in Albany Wednesday or Thursday. Senate leaders informed the Real Estate Board of New York, which supports the bill, that the bill will move before the session ends, according to a source.
Short-term apartment sublets—those for less than 30 days—were banned in New York City in 2010. But under the law, only building owners, not the renters who arrange the sublet, face penalties.
The new legislation would make advertising such a sublet, or any use other than permanent residence, illegal. The change would put absent Airbnb hosts on the hook instead of their landlords. The proposed penalties range from up to $1,000 for a first offense to $7,500 for third and subsequent violations.