Funny that they aren't mentioning the 983 rentals in Manhattan that rent out the entire apartment, nearly all of which are illegal (any without a proper bed and breakfast license). Compare that number to the 967 private room and shared room listings in Manhattan, most of which - while not violating state law - are operating in violation of their lease. So, Airbnb is just glossing over the fact that the vast majority of their rentals in NYC are illegal. It's also interesting that they make no mention of the fact that their insurance policy only covers the renters personal possessions... not the building, common areas, appliances, etc.