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New York - NYC Proposes New Legislation For Harsher Fines On Home-Swapping Sites

Jun 10, 2015 at 03:10 PM

New York - Manhattan City Council members proposed new legislation Wednesday that would hand down tough fines on property owners who list units on Airbnb and other home-swapping sites. Council members Helen Rosenthal and Ydanis Rodriguez proposed new legislation that would raise the fine for a first offense from $1,000 to $10,000, with a maximum penalty increasing from $25,000 to $50,000...

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