The Real Deal reports that active Airbnb listings are up slightly since NY City Hall started handing out fines in February 2017 for illegal listings. And areas like Harlem and Bushwick, where affordable housing is in short supply, are seeing a marked increase.
Active listings, defined as a listing with at least one day of availability, stood at 30,215 in July, a 4.7 percent increase from the total in February 2017, according to data by the watchdog group Inside Airbnb cited by Crain’s. That’s still below the peak of roughly 35,000 listings from January 2016.
In February 2017, the Mayor’s Office of Special Enforcement began issuing fines for illegal Airbnb listings after the state passed a law in June of 2016 setting fines starting at $1,000 for advertising illegal short-term listings on sites like Airbnb.
But while active listings are down in some parts of the city, others are seeing a notable increase. Active listings in Bedford Stuyvesant and Harlem, for example, saw their numbers increase 5 percent year-over-year in June. Bushwick saw its total rise 11.6 percent and Sunset Park saw the number skyrocket 29.2 percent.
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- Uptown Rezoning Could Increase Affordable Housing (harlemworldmag.com)
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