Skift Take
If you follow the money in New York City's pressurized short-term rental industry, it's going underground or to venues with few protections for guests and hosts.
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The Craiglist listing for a "charming 1-bedroom" in New York City's East Village captured the moment, calling the short-term rental an "Airbnb alternative."
Under the city's host registration requirements that kicked into gear September 5, platforms such as Airbnb, Expedia/Vrbo and Booking.com were to remove listings that violated the rules or face stiff fines.
The East Village listing seems in violation because the host would need to be registered with the city and must be present for reservations of fewer than 30 days.
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