Airbnb sues New York City over short-term rental restrictions
The company filed a lawsuit against New York City over a new law it called a "de facto ban" against short-term rentals set to go into effect in July
City councils around the United States are increasingly introducing ordinances to regulate short-term rentals. Some of them require hosts to obtain licenses and pay registration fees or limit short-term rentals in business districts.
Key takeaways
- The law will make it more difficult for hosts to do business as they will have to comply with "the maze of complex regulations";
- New York City Mayor's Office of Special Enforcement application reviews will ensure "that only a miniscule number of hosts will ever be granted a registration," Airbnb said in the filing;
- The number of short-term rental listings available in New York City increased 27% year-over-year in April 2023 but listing counts are 32% below 2019 levels.
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