Today: September 21, 2024
Today: September 21, 2024

Airbnb Sues New York City Over New Law That Restricts Short-Term Rental Listings

AirbnbShort-term Rental Listings
November 02, 2023
Nahal Garakani - LA Post

New York City implemented one of the most stringent rules on temporary rentals in the nation this week, effectively prohibiting Airbnb and similar platforms from functioning as they previously did. Local Law 18, which became effective on Tuesday, mandates that all hosts of short-term rentals must register with the city. Only those residing in the unit they rent, and present during a guest's stay, can qualify. Listings are also limited to having a maximum of two guests. The new rules spell the end of the sleek downtown apartments, two- and three-bedroom homes near museums, and weekend rentals that fueled Airbnb's growth in New York.

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