New York Governor Andrew Cuomo will soon either veto or sign into law a bill that makes it illegal to advertise entire unoccupied apartments for short-term rentals on Airbnb. Despite loud objections from Airbnb and Silicon Valley investors like Ashton Kutcher and Paul Graham, the New York State Senate passed the bill on Friday, the latest development in a complicated relationship between Airbnb and its biggest market. Now the measure is headed to Cuomo’s desk. The bill prohibits online apartment listings that last under 30 days and run up against the city’s multiple dwelling law, which is designed to stop apartment buyers from renting out the entire space and basically turning their units into Airbnb hotels.
New York Senate passes bill that bans listings on Airbnb
