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New York claims real estate brokers made $21 million through illegal Airbnb rentals

A group of New York City real estate brokers made $21 million through a series of illegal Airbnb short-term rentals in flagrant violation of the city’s short-term rental laws, the city claims in a new lawsuit. According to the city, Metropolitan Property Group, its owners, and others were repeatedly warned to stop violating the city’s short-term rental laws, but chose to continue to do so, earning more than $21 million in illegal revenue from Airbnb.

Knock raises $400 million, plans massive expansion of home trade-in program

Around this time last year, Knock, a real estate startup that buys homes directly from homeowners, unveiled an expansion plan that would see the company grow its business beyond its first market of Atlanta. Since then, the company has indeed expanded and is now operating in five markets, but the company has much bigger plans than that. And now, the company has the money to reach those goals.
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Greg Knapp   |   972-333-4466   |   greg@artisticrealestate.com
Artistic Real Estate Group   |   1300 Winding Hollow Lane   |   Plano, TX 75093
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