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Everything You Need to Know About Airbnb's NYC Takeover

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Everything You Need to Know About Airbnb's NYC Takeover

Unless you've been living under a rock for the past seven years, you've probably heard of tech startup Airbnb. The online platform allows everyday homeowners (and renters-- but we'll get to that controversial subject later) to rent out extra bedrooms or even their entire home to those looking for an alternative to pricey, impersonal hotels. 

In NYC, the use of Airbnb has become an especially hot topic with in the real estate world. But despite local governmental pushback, today, in the city's most popular neighborhoods, as many as 1 in 5 apartments are listed on the site. So what does this mean for you, should you hop on the bandwagon, and how can you go about taking part legally? Bracha New York breaks it down.

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