Metropolitan Property Group Accused of Illegal Airbnb Rentals

New York City Claims Metropolitan Property Group Made $21 Million Through Illegal Airbnb Rentals

Metropolitan Property Group
The City of New York has filed a suit against Metropolitan Property Group. NYC is claiming that MPG pocketed $21 million operating at least 130 illegal Airbnb rentals.
Metropolitan Property Group was allegedly warned by the city to stop violating the city’s short-term rental laws. However, they chose to continue to do so. Thus earning more than $21 million in illegal revenue from Airbnb.
The city alleges MPG operated illegal short-term rentals in five residential buildings in Manhattan. However, those buildings only allow permanent residences.
NYC lawyers also allege MPG alleged malfeasance goes beyond just those five buildings. 
Metropolitan Property Group has allegedly cultivated and operated illegal short-term rentals. MPG allegedly used 30 permanent residential buildings to convert 130 different apartments from permanent to transient units.
It is illegal under New York law to rent out a unit in most buildings for less than 30 days unless the tenant is present during the time of the rental. However, the city claims Metropolitan Property Group frequently rented out entire units on Airbnb.

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