# Professor Arun Sundararajan is quoted in a feature story on New York City's recent legislation restricting the operation of sharing economy platforms

1 Faculty News August 26, 2018 ![Guardian logo ](/sites/default/files/styles/246w/public/assets/images/con_030939.jpg?itok=g7FgVwid)>

Excerpt from [The Guardian](https://www.theguardian.com/us-news/2018/aug/26/new-york-uber-lyft-airbnb-under-threat) -- "New York’s approach is one of the harshest, said NYU professor of business Arun Sundararajan. 'We have among the most restrictive Airbnb laws, and I think it will hurt the city in the long term,' he said."

[Read more](https://www.theguardian.com/us-news/2018/aug/26/new-york-uber-lyft-airbnb-under-threat)