Posted on 02/24/2015 3:46:43 PM PST by dennisw
Ikezi's Hell's Kitchen penthouse located at 450 W 42nd Street is rent stabilized, so Ikezi was paying two-thirds of the $9,000-plus market price, according to the New York Post.
On Airbnb, Ikezi listed the corner unit for $649 a night, equaling $18,172 a month - nearly triple what he pays in rent, according to court documents.
The two-bedroom and two-bathroom penthouse offered guests access to the building's amenities such as: private fitness club by Equinox, heated indoor lap pool, full-size indoor basketball and volleyball courts, terraces, outdoor and indoor screening rooms, internet cafe and a Dog City pet spa.
Henry Ikezi, 35, and his wife evicted from their Hell's Kitchen apartment for violating city's Rent Stabilization code after listing it on Airbnb
He pays two-thirds of the $9,000-plus market price A listing was found by Ikezi on the rental site advertising it for $649 a night - triple of what he pays monthly in rent, or $18,172
On Airbnb, he wrote amenities included a private fitness club by Equinox, a heated indoor lap pool and full-size indoor basketball and volleyball courts Judge said Ikezi cannot profit from renting the apartment - while getting a break on the rent Ruling is likely to cause shivers for thousands of New Yorkers who advertise their rent-stabilized apartments on Airbnb
Henry Ikezi, wife, child must move out of their two-bedroom apartment by February 28, or they will be forced out by a city marshal.
The decision comes under a Manhattan Housing Court judge's ruling earlier this week - the first to evict a tenant under the city's rent control code.
The court case is likely to send shivers through tens of thousands of New Yorkers who make extra cash by listing their rent-stabilized apartments on Airbnb and similar housing share sites.
(Excerpt) Read more at dailymail.co.uk ...
The fact alone that man can create a building where such views are possible is a thing of beauty. I still say the view is spectacular.
“View? Who the #311 wants to see dirty skyscrapers and a filthy city out their window?”
Me !!!!!
.
section 8 in NYC is willing to pay 105% of the rent price
up to 8 bedrooms and $3,584 a month
(probably help with utilities too)
Far cheaper and better than the same hotel room would have cost. The real reason airbnb is banned here
She must not have had other family, b/c those apartments can be passed down.
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