Back in October, the state of New York passed a new law specifically aimed at micro-hoteliers who rent out one or more New York City apartments to tourists. Airbnb immediately sued the state and the city over how the law will be enforced, and now the case has been settled. [More]
the sharing economy
Would You Borrow Your Outfits By Mail For $139 Per Month?
By 3.24.16
Would you treat your wardrobe like a Netflix DVD subscription? Rent the Runway, a company known for renting out special-occasion dresses and ugly holiday sweaters, has been testing a service that they call Unlimited for a few years now, finally letting it out of beta. The idea? You rent three pieces of designer clothing at a time, receiving the next one in your queue when you send one back to be dry cleaned, or just because you’re tired of it. [More]
Nobody Really Knows What To Do About Regulating The Sharing Economy
By 6.10.15
The car in front of you has four wheels and goes “beep.” For a certain fee, its driver will pick you up from where you are now and will shortly thereafter drop you off at the place you want to go. Twenty years ago, that car was an ordinary taxicab that you called on a landline. Now, it’s an Uber you summoned with an app on your smartphone. What’s the difference? In the world of regulation, everything. [More]
