SHORT TERM RENTALS NOW SUBJECT TO STRICT CITY REGULATIONS Local Law 18 of 2022 took effect on September 5th. It sets strict requirements for any NYC apartment to be listed for short term rental. All hosts of such rentals must register with the Mayor’s Office of Special Enforcement. Among ...
Some stateshave imposed short-term rental bans to combat this crisis. In Florida, where short-term rentals are extremely popular, restrictions are now in place at hotels, resorts, or other lodging to stop the spread COVID-19. According to Florida Governor Ron DeSantis, there are no check-i...
Some stateshave imposed short-term rental bans to combat this crisis. In Florida, where short-term rentals are extremely popular, restrictions are now in place at hotels, resorts, or other lodging to stop the spread COVID-19. According to Florida Governor Ron DeSantis, there are no check-i...
…A New York City Independent Budget Office report this month showed that the number of taxpayers who earned between $1 million and $5 million plunged 11% in 2020 from the prior year. …The culprits are high taxes and Covid lockdowns. According to IRS data, New York County lost $14.5 ...
We focus on global investors buying property in Manhattan, New York for portfolio diversification and long term return-on-investment. 1) Identify the right buy based on objectives 2) Manage the buy process 3) Rent out the property 4) Manage tenants 5) Market the property at the eventual sale...
A pre-kindergarten graduate is prepared for a graduation photo in an almost empty Times Square in Manhattan, New York City. /Reuters With the exodus of international students, rental companies are also taking a toll. New York Habitat, an agency specializing in short-term leas...
“New York City’s new short-term rental rules are a blow to its tourism economy. . . . The city is sending a clear message to millions of potential visitors who will now have fewer accommodation options when they visit New York City: You are not welcome.” Per the law, homeowners ...
Short-term rentals Existing reservations as of November 22, 2020 honoured regardless of when the rental occurs No new reservations after November 22, 2020 permitted, except for individuals who are in need of housing This does not apply to hotels, motels, lodges, resorts and other shared rental...
The COVID-19 pandemic changed much of what we consider “normal” for the real estate market. The trends we saw were often unexpected and unprecedented. Now, almost five years later, where are we? The age-old debate between multifamily and single-family rentals continues to rage, but we’...
Short-Term Rental That way they won’t have to go a mile and a half on the sewage line and they can take care of that stuff. And the clean water goes in the golf course and everybody’s happy. And that $1,000 [the $1000 down Randy paid for solar] means that they’ll pay $...