Airbnb and New York City have settled a lawsuit over a law intended to curb short-term rentals by requiring rental platforms to share data about their listings, the two parties announced Friday.
The settlement is the latest development in an ongoing battle between companies like Airbnb and local officials who argue rental hosts are effectively running hotels while skirting hotel taxes and regulations.Airbnb and New York City will settle their fight over a law that sought to limit housing rental increases by requiring short-term rental platforms to share information about their listings, the two sides announced Friday.
The data will have to be provided on a quarterly basis, not monthly, as the local law originally required.
NyameBroni .
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside a $40 million estate on Miami's celebrity-studded Star Island - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Last sold 04/28/2011 for $25,500,000, annual taxes are $460k, overpriced and the payments will kill you before any thief will. BTW there is another house on the island going for $27.9M
Source: BusinessInsider - 🏆 729. / 51 Read more »
Commercial real estate outlook at Airbnb, Yelp, Allianz sublease space - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The office is dead, according to most startup founders 60% of CEOs polled said no impact on their workers’ productivity. 16% said productivity actually increased 71% would let employees continue to work remotely when restrictions lifted.
Source: BusinessInsider - 🏆 729. / 51 Read more »
A short history of the secret bunker underneath the White House - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. COVID19 cases in the United States topped 2 million experts says Another 100,000 Americans will die from coronavirus.....
Source: BusinessInsider - 🏆 729. / 51 Read more »
Affirm launches high-yield savings account - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. With the HIGH interest rates they charge, it’s the least they can do for those using these crooks as their savings bank.
Source: BusinessInsider - 🏆 729. / 51 Read more »