July 20, 2017

Owners of Trump Tower apartment and an affordable housing co-op renting for $446-a-night become the first Airbnb hosts to pay $1,000 fines for advertising short-term rentals in New York

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An Airbnb host who was renting out her Trump Tower apartment unit is among the first to pay a fine to New York under a new law that bans advertising listings for short-term rentals.

The host and owner of the Trump Tower apartment unit, Yelena Yelagina, paid a $1,000 fine to the city last month.

Yelagina and Jennifer Livingston, an Airbnb host who listed her affordable housing co-op in the Lower East Side for $446 a night, are the first people to pay fines under the new law, which prohibits advertising of short-term listings. Yelagina was fined $1,000 after her listing, pictured, was discovered by authorities. It is illegal in New York state to rent out an entire living space for less than one month It is already against the law in New York to rent out an entire apartment for less than 30 days without the owner present.

The new law will further discourage people from turning their apartments into hotels, a city official told New York Daily News.

But an Airbnb spokesperson says the law doesn’t distinguish between New Yorkers who occasionally share their home and illegal hoteliers.

‘Today, 96 per cent of NYC Airbnb hosts who share their entire home have […]

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