Discover how NYC's Local Law 18 aims to regulate the short-term rental market and address safety concerns.
Airbnb, the largest short-term rental company, filed suit with hopes of having short-term rentals legalized. The law stems from the city's efforts to amelioerate its affordable housing crisis. With over 8.5 million residents living in a tight housing market, New York City should not allow ...
Airbnb, the short-term-rental behemoth, announced today that it’s putting “Rooms”—the concept that basically jump-started the sharing-economy movement back in 2008—front and center on its platform. This “touches the soul of the company,” said Airbnb CEO Brian Chesky in a press confer...
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Sharp, who rents out part of her home on Airbnb. “The thought that someone else can tell me what I can do with my house is a little crazy.” But from Tuesday, her listing and at least 35,000 others in New York City may disappear from Airbnb and other short-term rental platforms...
Has your board established a policy regarding rental of units in the absence of the owner? These short term rentals are often advertised on AirBNB and other similar portals. Unsupervised ‘guests', unfamiliar with building rules, can be disruptive and problematic. The city's Office of Special ...
Short-Term Rentals ##.#% short-term rentals ##,### (##.#%) short-term rentals ##,### (##.#%) longer-term rentals The housing policies of cities and towns can be restrictive of short-term rentals, to protect housing for residents. In New York City, short-term rental regulatio...
As New York GovernorAndrew Cuomodecides whether to sign into law a bill that would impose fines on New Yorkers who post entire homes for rent onAirbnb, the company has come up with an alternative proposal. It includes: 1. A state law banning short-term-rental hosts from posting more than...
Next week, Marriott said it would start renting 2,000 homes in 100 cities across the U.S., Europe, and Latin America. Its expansion into the home-rental space coincides with Airbnb’s expansion into the hotel industry,transportation, and a new category of short-term rentals that offer hot...
DSCR Loan vs Conventional Loan This investor guide explains the key differences between a DSCR Loan vs Conventional Loan. Short Term Rental Loans (STR Loans) Short term rental (STR) loans are tailored to the specific needs and challenges of the short term rental market.COMPANY...