“They do pay property tax,” Champeny said. Despite its strict regulations, New York City remains one of the top markets in the country for companies like Airbnb. “I don’t think of it as being very different than being delinquent on your property taxes,” Champeny said. The option for people in New York City now becomes either pay this new tax or pay the city’s property taxes. The pied-à-terre tax’s residency checks could potentially expose people who are also improperly keeping out-of-state plates and not paying state tax and registration costs.