Airbnb didn’t exist in 2007. Today, three out of every 100 Ulster County housing units is listed on Airbnb. Every real estate sale, rent increase and property tax assessment in New York State takes into account how much the property could earn if it was listed on Airbnb. Some examples: An investor might offer $180,000 … Read More
Author: Kingston Tenants Union
13 Reasons Why Kingston Needs Rent Stabilization
The City of Kingston might opt into the Emergency Tenant Protection Act (ETPA). It is a law that was enacted to help protect renters in places where there’s a 5% vacancy rate or below. A 6-10% vacancy rate is typically cited as a healthy vacancy rate for towns. The ETPA includes rent stabilization, the right … Read More