I leased a condo on the upper East Side of Manhattan through Craigslist while doing some work in New York City. It was in a building that allowed no rentals, and I agreed to stay there less than 29 days. I paid all cash to a lady that had a local cable cooking show, and who rode around New York City in a Rolls Royce.
That slightly illegal deal has now been formalized by the disruptive technology group Airbnb. As reported in the Vancouver Sun by Nick Eagland, the City of Vancouver is investigating the operation of 17 short-term rental units in a two storey building of 29 units located near Kitsilano Beach. The building’s name? The New York, of course.
So how does this happen? As reported in the Vancouver Sun “In Vancouver, all rental tenancies must be at least 30 days except in hotels and…
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