Inside the Rise and Fall of a Multimillion-Dollar Airbnb Scheme. It's the Nw York Times, so some may not be able to read it. Here are some relevant excerpts.
The building, on Greenwich Street, was part of a larger enterprise that made more than $20 million in revenue by unlawfully renting 130 Manhattan apartments to almost 76,000 guests through Airbnb, city officials said.
The plot was geared toward getting around city regulations that are intended to keep blocks of apartments from being…
