Subletting startup Kiki paid over $152K to settle charges after violating NYC short-term rental laws
Auckland-founded Kiki Club launched its peer-to-peer subletting startup in New York City in 2023 with the mission of helping renters sublet their apartments while traveling for extended periods. However, Kiki’s model violated local short-term rental laws, leading to its shutdown this past June. The New York Mayor’s Office of Special Enforcement (OSE) announced on Wednesday…
