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I suspect most AirBnB rentals are illegal in NYC.

Home owners who reside in the home are allowed to sublet a room, but not for less than 30 days (ie most are illegal).

If the owner does not reside in the home, it's also illegal and/or zoning laws come into play.

Most leases do not allow subletting of rental apartments without approval by the owner or they may face (and have faced) eviction (ie under 30 days, most are illegal as well).

By the way, it's not 'just' hotel taxes/fees. Income taxes as well.

In NYC, hotel taxes in NYC are about 15%, plus there are all kinds of rules an regulations that hotels need to adhere to (safety, maximum stay of 21 days, etc etc)

Edit: here are the official rules - http://ny.curbed.com/archives/2013/03/25/an_introduction_to_...




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