OK, so someone needs to call a lawyer and get an opinion if there is a case, against whom (I would guess the individual owners, or the developer for NOT enforcing the restriction) and the value of the case. I am sure that the owners of the AirBnB as well as probably AirBNB will reply with their own counter suit.
In any case I can feel the pain of the neighbors in this situation.
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Pennsylvania, for 60+ years, most recently, Allentown, now TV.
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