AirBnB is short changing NYC. Read the MFY/HCC Report

Short Changing New York City
The impact of Airbnb on New York City’s 
housing market

Housing Conservation Coordinators (HCC) and 
MFY Legal Services (MFY) have published a new 
report "Short Changing New York City: The impact of Airbnb on New York City’s housing market.”  

The report analyzes Airbnb’s booking data for 2015
. . . . 

Ninety percent of the NYC  listings on Airbnb are 
located in Manhattan and Brooklyn, and further 
concentrated in a handful of communities.  55% 
of the listings are for entire apartments/homes in 
apparent violation of the Multiple Dwelling Law.  
The report is here: 

http://www.mfy.org/wp-content/uploads/Shortchanging-NYC.pdf

RGB Freezes Rents for Second Year in a Row

The Rent Guidelines Board has decided:  

For Rent Stabilized tenants who renew their leases any time from October 1, 2016 through September 30, 2017 :

• 1-year leases: NO INCREASE.   
• 2-year leases: 2% increase.

NOT PROTECTED: 

• Tenants with "preferential rents" (those lower than the Legal Regulated Rent), 
• Tenants facing Major Capital Improvement (building-wide) or Individual Apartment Improvements increases.
• Rent controlled tenants who have an annual 7.5% increase(!)

RGB's final vote: Monday, April 27 at 6 PM

WE DEMAND A RENT ROLLBACK!

Tenants from across the City are coming together to make our voices heard. Rents are too high and the Rent Guidelines Board can change that!

THE FINAL VOTE 2016

Monday, June 27, 2016

6 PM

The Great Hall at Cooper Union

Trains: No. 6 to Astor Place – Cooper Union