Not in My House: Landlord Cracks Down on Airbnb Sublets, Sues Tenant for $300k

A NYC-based landlord is suing a tenant for $300k after her Airbnb rentals cost the building $60k in fines.

The building got slapped with fines for operating as an illegal hotel and not being up to hotel codes—even though the tenant, Madalina Iacob, committed the crime by subletting out her pad for $200/night.

The landlord’s lawyer, Lawrence Silberman, says, ”Under the law, the landlord is strictly liable even though it's the tenant causing the violation,” the New York Daily News reports. Yikes, landlords beware.

The landlord wants a court order to stop the Airbnb action and cash to pay the fines (up to $250k) and $50k in legal fees.

The case comes as three of the US' biggest landlords talk with Airbnb about listing their properties on the site—and Airbnb releases info about NYC rentals. [NYDN]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI