[mtalantikite]

And it's not just tenants renting out their apartments without their landlord's knowledge, I have friends living in a loft building in Greenpoint where the owner no longer rents out the spaces long term. Instead he furnishes the units and rents them out to tourists on airbnb whenever he can get a unit to vacate. This takes units off the market -- in an already scarce market -- and forces normal people to live in buildings run as hotels.