Wednesday, 5 September 2018

NYC landlords racked up almost $300K in fines amid illegal hotel crackdown

New York landlords accused of illegally leasing short-term rentals were hit with almost $300,000 in fines in July. As part of the city’s crackdown on illegal short term rentals, where landlords convert residential units and rent them out on a nightly basis, the city issued 43 violations against landlords for using apartments at 11 buildings, totaling $285,375 in fines, according to Commercial Observer. The city said the single largest offender was Hank Freid‘s Branic International […]



source https://therealdeal.com/2018/09/05/nyc-landlords-racked-up-almost-300k-in-fines-amid-illegal-hotel-crackdown/

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