WNYC’s Marritz ’99: ‘$30,000 Fine For $300 Rental’

For the New York public radio station WNYC, business reporter Ilya Marritz ’99 reports on the rental website Airbnb, which facilitates the rental of private homes. Some Airbnb users now face legal troubles and steep fines.

The night before he was due in court last Thursday, Nigel Warren slept badly. He rose before daybreak, made himself coffee, and considered the cloud he’s been living under for the past five months.

Last September, Warren used Airbnb to rent his fifth floor East Village walkup to a visitor from Russia for three nights, making $300 while he was out of town for a few days.

He now faces fines as high as $30,000, for running what the city contends was an illegal hotel.

Read the article here…

Image: from WNYC.

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