Airbnb Illegal Listings Taking Over Long-Term Rental Inventory? NYC Brokers Face Lawsuit

The city has filed a lawsuit against the Torkian Group, accusing it of participating in an illegal short-term rental scheme that involved three large Manhattan apartment buildings and earned nearly... To view the full story, click the title link......»»

A Denver apartment company said it's keeping up its fight against online short-term real estate rental company Airbnb in Florida. Apartment Investment and Management Company (Aimco) accused Airbnb of illegal subletting of its apartments, saying Airbnb.....»»

Short-term rental website Airbnb has breached EU consumer rules by depriving consumers of their basic legal rights, the European Commission said on Monday, as it gave the company an August deadline to propose changes or face enforcement action......»»

The European Union told Airbnb on Monday to bring its terms and conditions into line with the bloc's consumer rules or face action by national consumer agencies, after a review of the short-term rental platform found some violations......»»

By Mr.Whiskey Home-rental service Airbnb is now directly competing with travel booking sites like Booking.com, Expedia, and others, as all of the sites have both traditional hotel listings and non-traditional apartment and home listings on thei.....»»

New Orleans officials are taking a new look at the benefits and headaches of a vacation rental industry that has proliferated with the growth of online sites such as Airbnb......»»

The mayor's office on Monday unveiled a set of proposed rules that will force short-term rental sites such as Airbnb to disclose the identities of hosts and the types of listings they are offering.... To view the full story, click the title link......»»

The city has filed a lawsuit claiming that five current and former employees of residential brokerage Metropolitan Property Group facilitated an illegal hotel scheme that earned more than $20 million... To view the full story, click the title link......»»

This has not been Airbnb’s week......»»

Rising international copper prices may drive up profits for copper foil vendors in the short term, but they face new challenges to their long-term business operations, according to PCB supply chain sources......»»

Beyond the financial impact of recalling more than 125,000 products, analysts say the company's long-term reputatio.....»»

On Thursday the director of the DPP told the Honolulu City Council’s Zoning and Planning Committee that the department was taking immediate and long-term steps to fix problems highlighted in the indictments......»»

The court declined to hear a long-shot lawsuit from Texas seeking to overturn results in five states, and.....»»

Costco Wholesale Corporation (NASDAQ: COST) could face tough comparable sales over the next few quarters from the COVID-19 pandemic peak of grocery and retail sales in 2020. An analyst remains bullish on Costco despit.....»»

Costco Wholesale Corporation (NASDAQ: COST) could face tough comparable sales over the next few quarters from the COVID-19 pandemic peak of grocery and retail sales in 2020. An analyst remains bullish on Costco despite the poten.....»»

Long-term impacts of the switch to virtual learning are unknown, Georgetown researchers say......»»

In 2000, while it was.....»»

Residential brokerage Bold NY is taking its 11,000 rental apartments digital. The company is partnering with Vero Leasing to process its Manhattan and Brooklyn exclusive apartment listings through Vero’s renter-friendly v.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Would-be sellers are waiting to see how the pandemic shakes out before listing their properties. In the four-county area, the number of new listings in April declined by 34%......»»