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Related: About this forumUpper 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 thats 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
Anansi1171
(793 posts)...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)rules and regulations? These were short-term rentals.
brendan120678
(2,490 posts)brendan120678
(2,490 posts)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)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)If you can overcome that hurdle, however, in my non-professional opinion, ownership is the cheaper way to go.