{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5afc793a028014b853c89db4/5afc7961e704e1406c13f5a3?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"EP139  Airbnb Regulations in New York Explained","description":"New York is known as the city that never sleeps. But if you are an Airbnb host there, you may be losing sleep over the state’s anti-Airbnb crusade and complicated short-term rental regulations.<br />\n<br />\nToday Jasper is on the line with Brendan MacKenzie, the founder of MetroButler, a short-term management company in New York. His background in law and familiarity with the Airbnb ecosystem make him the perfect candidate to explain what you need to know about the Multiple Dwelling Law and how it affects hosts in the Big Apple.<br />\n<br />\nBeyond clarifying the laws around short-term rentals, Brendan breaks down the pros and cons of the city’s hardline approach as well as the opportunities NYC is missing out on by discounting Airbnb’s benefits. Listen in to understand New York’s housing crisis and how the city might compromise with Airbnb to help – rather than hinder – the housing market!<br />\n<br />\nTopics Covered<br />\nNew York’s Multiple Dwelling Law<br />\n•\tApplies to Class A buildings<br />\n•\tRestricts from renting for fewer than 30 days if host isn’t present<br />\n•\tDesigned to discourage commercial operators<br />\n•\tAmended in recent months to prohibit advertising (w/ fines of up to $7500 per infraction)<br />\nNegative aspects of the Multiple Dwelling Law<br />\n•\tThough the intention is to go after bad actors, it applies to a large number of hosts who are not commercial operators<br />\n•\tWithout an education campaign, many are unfamiliar with the Class A distinction<br />\n•\tMight end up driving people out of their homes without Airbnb to help make ends meet<br />\nWhy New York is taking such a hardline approach<br />\n•\tCommercial operators take properties off the market<br />\n•\tPressure from the hotel lobby<br />\nCommon sense compromises that would benefit the city<br />\n•\tApplying a nominal tax would generate revenue to build affordable housing<br />\n•\tWorking with Airbnb to enforce the One Host, One Home policy<br />\nThe benefits of embracing Airbnb in New York City<br />\n•\tBrings travelers who would not be able to afford a hotel<br />\n•\tAllows for a more efficient use of resources<br />\n•\tProvides a source of additional income for struggling artists, freelancers, etc.<br />\n•\tCreates jobs in the Airbnb ecosystem (cleaning services, contractors, etc.)<br />\nThe MetroButler service<br />\n•\tServes the New York metro area<br />\n•\tProvides “boots on the ground” for hosts while they travel<br />\n•\tFull Service option for a 25% commission<br />\n•\tLite Service a-la-carte offerings (key exchanges, sheet rentals, etc.)<br />\n<br />\nConnect with Brendan<br />\nMetroButler Website<br />\n<br />\nConnect with Jasper<br />\nEmail: jasper@getpaidforyourpad.com<br />\nTwitter: @GetPaidForUrPad<br />\nInstagram: @GetPaidForYourPad <br />\nFacebook: www.facebook.com/getpaidforyourpad<br />\n<br />\nThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests!","author_name":"Freewyld Foundry"}