Airbnb

Kate Redmond

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Airbnb has a problem. The website for short-term room rentals is growing quickly. But in many cities, these rentals are illegal. Now, New York's attorney general has documented the extent of the illegal activity, by delving into the company's business records.

Almost three-quarters of New York City bookings appear to break the law, he says.

Thousands of these bookings happen every day in buildings all over New York, like the studio that Irene rents out on Manhattan's Upper East Side. (Irene asked that her full name not be used.)