![]() In rent-stabilized buildings, there are restrictions on what residents can legally charge via sites like Airbnb. If you are a condo owner considering renting your apartment out short term (or suspect one of your neighbors may be doing so), what do you need to know? First, it's key to remember that it’s illegal for New Yorkers who live in buildings with three or more residential units to rent their apartments out for fewer than 30 days unless the owner or leaseholder is present during the stay. ![]() The “extensive violations written show a clear need for building ownership and management to take action," Christian Klossner, executive director of the mayor’s office of special enforcement, tells the Wall Street Journal. (If you suspect there are illegal short-term rentals in your building, you can call 311 or submit a complaint online.) ![]() So in case you're thinking that raid was a one-time thing, think again. The news that 20 apartment owners in a far West Side luxury condo building were raided and received violations for renting out their units short-term is a reminder the city won’t tolerate illegal activity via sites like Airbnb and is willing to crack down on condo owners who disregard the law.
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