12
Nov
2017

Board Concerns re: Short Term Rentals

Council of New York Cooperatives and Condominiums 37th Annual Housing Conference

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DATE: Sunday, November 12, 2017

TIME: 2:30 PM - 4:30 PM

VENUE: Eleanor Roosevelt High School, 411 East 76th Street, New York, NY

The internet age and the 'shared economy' have resulted in frequent cases of unknown individuals arriving to live in cooperative or condominium units without guest procedures having been followed or board permission received.  There is potential danger to the residents and to the 'guests' in these situations.  Learn about the procedures for identifying and dealing with short term rentals in your building.  How will you deal with a resident who is truly a 'host' and will be there to supervise paying guests?  Will your building ever allow such activity in the absence of the unit's owner?  It is never too soon to consider this important issue, develop building policies and procedures, and make sure that your residents understand their importance for everyone's security.

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