"Owner Chananya Bineth and his team allegedly raked in $1.3 million in payouts since April 2023 for fraudulently registered short-term rentals in south Brooklyn and Bushwick."
"The NYC Mayor's Office for Special Enforcement is seeking $1 million in punitive damages from the landlord, plus $1,000 per day fines for multiple years."
"The lawsuit alleges Bineth and five business associates obtained licenses to host short-term rentals based on a fraudulent claim that they were full-time tenants."
"The penalties, if enforced, would reach millions potentially up to $5 million for the timespan that the Airbnbs were operating in violation of the law."
The city is pursuing a lawsuit against landlord Chananya Bineth for allegedly operating illegal short-term rentals in Brooklyn, generating $1.3 million since April 2023. The NYC Mayor's Office for Special Enforcement seeks $1 million in punitive damages and daily fines for multiple years of violations. The lawsuit claims Bineth and associates fraudulently registered properties as short-term rentals while falsely claiming to be full-time tenants. The penalties could total up to $5 million, emphasizing the city's commitment to maintaining affordable housing.
Read at www.amny.com
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