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Airbnb's NY fight moves from legislature to courtroom

Published Sun, Oct 23, 2016 · 09:50 PM

New York

AIRBNB Inc is fighting to stay alive in the biggest rental market in the US.

Hours after New York Governor Andrew Cuomo signed a bill into law that will fine residents who rent out their apartments for illegal short-term stays, Airbnb responded with a lawsuit in Manhattan federal court.

The fines for those who advertise vacant apartments in a multi-unit building for 30 days or less c…

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