Jason Clampet of Skift writes that “more than half of the available bookings on the popular vacation rental website are likely illegal according to New York State law. Hosts of these units are subject to fines ranging from $1,000 for a first offense to $20,000 for repeated violations, according to a New York City Council bill passed in October.” It’s definitely food for thought about as we prepare to host Airbnb CEO Brian Chesky at this week’s PandoMonthly event in San Francisco. (Get your tickets here). [Source: Skift]