Pursuits
N.Y. Governor Cuomo Signs Bill to Fine Illegal Airbnb Hosts
- Cuomo signed bill allowing short-term renters to be fined
- Airbnb filed suit hours after governor’s approval of law
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Airbnb Inc. is fighting to stay alive in the biggest rental market in the U.S.
Hours after New York Governor Andrew Cuomo signed a bill into law that will fine residents who rent out their apartments for illegal short-term stays, Airbnb responded with a lawsuit in Manhattan federal court.