More than 70 percent of Airbnb rentals in New York City since 2010 appear to violate the law, generating $304 million in host revenue and $40 million in fees for the venture-backed company, state Attorney General Eric Schneiderman 's office alleges in a report issued Thursday . Airbnb and its hosts also owe $33.5 million in unpaid hotel taxes, he contends.
http://www.bizjournals.com/newyork/blog/techflash/2014/10/attorney-general-airbnb-has-made-40m-illegally-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_national+%28Bizjournals+National+Feed%29
http://www.bizjournals.com/newyork/blog/techflash/2014/10/attorney-general-airbnb-has-made-40m-illegally-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_national+%28Bizjournals+National+Feed%29
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