Many stories are popping up concerning Airbnb and the legality of it in certain states under their leasing laws. New York City has been fighting it for a while now, as the city has a law that states that no one may sign a lease for under 30 days.
A rent stabilized tenant has been renting out her Tribeca apartment since September of 2012. Tribeca is one of the most expensive neighborhoods in NYC, averaging around $7K+ a month for an apartment the size of the one that Eileen Hickley-Hulme was renting out on Airbnb. She charged $250 a night for the two bedroom apartment, which she could make up to $4,500 in a month for if it were consistently rented out. She paid just under $1,500 for her rent stabilized apartment.
The landlord confronted her in 2013 about the situation, but Ms. Hickley-Hulme has apparently been avoiding eviction notices. The artist apparently lives in the Hamptons. The landlord is currently suing her because of this situation and is asking for the profits that she made off of the apartment that she was not allowed to rent out.
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