Airbnb landlords agree to pay San Francisco $2.25 million
06 Nov 2018

AP — A San Francisco couple has agreed to pay $2.25 million to the city for illegally renting out 14 apartments as Airbnb units.

City Attorney Dennis Herrera announced the settlement Monday, calling the penalty an important deterrent to others seeking to illegally profit from the city’s housing crisis.

The San Francisco Chronicle reported that Darren and Valerie Lee agreed to pay the money as penalties and investigation costs. An attorney for the Lees, John C. Brown, did not immediately respond to a call seeking comment Monday.

The Lees were also barred for at least seven years from offering short-term rentals in any of the 17 San Francisco buildings they own or manage.

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