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Airbnb wins injunction against NYC law

Jan. 03, 2019 10:28 AM ETAirbnb, Inc. (ABNB) StockEXPE, ABNBBy: Brandy Betz, SA News Editor3 Comments
  • A federal judge blocks an NYC law cracking down on Airbnb (AIRB) and other home-share platforms.
  • Airbnb and HomeAway (NASDAQ:EXPE) were awarded a temporary injunction against the ordinance, which would have gone into effect on February 2 and require the companies to turn over rental property owner names and whether the full residence or portion was for rent.
  • The disclosures would make it easier for the city to enforce a law prohibiting most landlords from renting a property for under 30 days.

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