“The charge that there are hazardous conditions in these rooms that put guests in danger is absurd. The rooms are all in residential high-rises, which house thousand of permanent residents. What’s really going on here is that the two firms are competing with establishment hotels and providing cheaper rates. Bloomberg is creating a moat around the crony establishment NYC hotel industry that will make it extremely difficult, if not impossible, for operators like Smart Apartments to provide cut-rate hotel prices in a city with extremely high hotel rates.”
http://www.economicpolicyjournal.com/2012/10/nyc-mayor-seeks-to-enforce-law-that.html
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