Airbnb Threatens to Sue New York If Gov. Signs New Home-Sharing Bill

Home-sharing company Airbnb isn’t happy about a potential New York law and is prepared to take it the courts.

This week, the company sent a letter to New York Gov. Andrew Cuomo notifying him that if he signs a recently passed bill into law, it will sue the state. The bill in question, passed by both the New York Assembly and Senate earlier this summer, would impose steep fines on people advertising short-term rentals that violate New York City’s rules that prohibit rentals for less than...

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