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PoliticAverse

(26,366 posts)
Tue Dec 23, 2014, 08:32 PM Dec 2014

Upper West Side woman ordered to stop putting four bedroom apartment on Airbnb

Unemployed Upper West Side woman ordered to stop putting four bedroom apartment on Airbnb after making $78,000-a-year

An unemployed Upper West Side woman using Airbnb to rent out rooms in her huge Central Park West apartment has been ordered to stop doing it by a Manhattan judge.

Supreme Court Justice Carol Edmead said in a decision that Noelle Penraat, 62, appears to have made a substantial income over the past two years through Airbnb and that’s a violation of both rent control and zoning laws.

Penraat, a photographer who has been mostly unemployed since 2006, said in a court affidavit that she was forced to use Airbnb to pay her $4,477 monthly rent and other mounting bills.

The owners of her building at 315 Central Park West estimated that she could have made as much as $,8883 a month if she had rented out all four bedrooms in her rent controlled unit, which has views of Central Park. She charged $75-$150 a night or $450-$1,000 a week, depending on the size of the bedroom

Read the rest at: http://www.nydailynews.com/new-york/woman-ordered-stop-apartment-income-airbnb-article-1.2054670

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Upper West Side woman ordered to stop putting four bedroom apartment on Airbnb (Original Post) PoliticAverse Dec 2014 OP
Got it: only Extractive, Usury, and Military-Industrial Capitalists can seek profit from... Anansi1171 Dec 2014 #1
At what point are you running the equivalent of a hotel/motel and have to follow the same PoliticAverse Dec 2014 #2
Charlie Rangel comes to mind. (nt) brendan120678 Dec 2014 #4
I have a suggestion if her $4.5k/mo rent was getting too high... brendan120678 Dec 2014 #3
Fot the unemployed and cash-strapped, moving can be too costly an option! Anansi1171 Dec 2014 #5
Yes, that is all very true. brendan120678 Dec 2014 #6

Anansi1171

(793 posts)
1. Got it: only Extractive, Usury, and Military-Industrial Capitalists can seek profit from...
Tue Dec 23, 2014, 09:45 PM
Dec 2014

...publicly-subsidized platforms!

I can understand revoking rent-controlled rates in such a case, but it seems to me zoning laws should be reformed to accomodate some measure of rent-sharing.

PoliticAverse

(26,366 posts)
2. At what point are you running the equivalent of a hotel/motel and have to follow the same
Tue Dec 23, 2014, 09:49 PM
Dec 2014

rules and regulations? These were short-term rentals.

brendan120678

(2,490 posts)
3. I have a suggestion if her $4.5k/mo rent was getting too high...
Wed Dec 24, 2014, 10:03 AM
Dec 2014

Move! Consider one of the outer boroughs. And I'm not talking Williamsburg, Bklyn.

Find a nice three bedroom house in Queens or S.I. where even a mortgage will be less.

Yuppies who insist on living in parts of NYC that they can't afford are annoying.

Anansi1171

(793 posts)
5. Fot the unemployed and cash-strapped, moving can be too costly an option!
Wed Dec 24, 2014, 10:27 AM
Dec 2014

two or three times rent required. unemployment means your are likelier to have recent hits to your credit that can make rents difficult.

brendan120678

(2,490 posts)
6. Yes, that is all very true.
Wed Dec 24, 2014, 10:35 AM
Dec 2014

If you can overcome that hurdle, however, in my non-professional opinion, ownership is the cheaper way to go.

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