From TRD South Florida: The tourism tax-free days for Airbnb users in Miami-Dade County are over. County commissioners on Tuesday voted 10-3 to approve a memorandum of understanding between the Miami-Dade tax collector and the web-based short-term rental booking service provider.
From the January issue: Financial behemoth BlackRock is planning to pick up stakes in Midtown, move to the wilds of Hudson Yards and net itself $25 million in state tax credits for its efforts. The latest skirmish in the 10-year battle over planned residential towers at Pier 6 in Brooklyn Bridge Park is a fight over soil composition, the Brooklyn Eagle reported. more … more
The battle between some renters and Airbnb is reaching new heights in San Francisco. Attorneys in the city are hiring private investigators to uncover illegal short-term rentals, Bloomberg reported. The attorneys work for tenants who claim they were wrongly forced out of their apartments so that their landlords could list the properties on Airbnb. “We strongly oppose illegal hotels and bad actors who remove housing from the market,” company spokesperson, Nick Papas, told Bloomberg. “We’ve removed … more
caption id=”attachment_1287676″ align=”alignright” width=”339″ Peter Schottenfels and Allen Gross/caption From the December issue: Even as tourists and business travelers flock to New York City in growing numbers, hotel operators face two looming threats — the dollar’s strength and a wave of new industry capacity. With 16,461 rooms under construction, per industry tracker STR, room rates could soon come under pressure, and some projects could get shelved. But in the longer term, as the city’s population heads toward 9 million, the adage “if you build it, they will come” should hold true, said Jan Freitag, STR’s senior vice president of lodging insight. For the first web installment of …
The city shut down an illegal hostel-style Airbnb rental in Brooklyn that also doubled as a concert venue, citing potential fire hazards. The warehouse at 502 Morgan Avenue in Greenpoint had five windowless, crowded bedrooms and an illegally installed gas line, the New York Post reported. The city raided the warehouse over potential fire hazards in the building on Dec. 7, just five days after a fire in an Oakland, Calif., warehouse killed 36 people. … more