Discover how NYC's Local Law 18 aims to regulate the short-term rental market and address safety concerns.
“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 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 ...
without running afoul of new york's tight rules on short-term rentals. the new rules crack down on jersey city’s booming short-term rental industry—which has grown by an order of magnitude since city officials effectively legalized the practice in 2015—by requiring that owners obtain ...
New Rental Law Raising Revenue, Civil Rights IssuesWinzelberg, David
Under New York law, if a written or oral rental agreement exists, or if payment is accepted as rent, landlords and tenants have automatic rights and responsibilities underNY Real Property Law § 220-238A, such as the right to timely rent payments and a livable dwelling. ...
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. A new municipal law requires rentals of 30 days or less to be registered with city authorities. Hosts must be in the property during the stay and ...
We can't wait to welcome you to our beautiful townhouse and help you create unforgettable memories in the heart of New York City! Notice Regarding Local Law 18* -Owner will occupy the ground floor (below first floor with Private entrance ) for all short term rentals ...
…a potential loss that could have long-term effects on a city that relies heavily on its wealthiest residents to support schools, law enforcement and other public services. …The top 1 percent of earners, who make more than $804,000 a year, contributed 41 percent of the city’s personal...
Airbnb sued the city of New York on Friday, denouncing as "an extraordinary act of government overreach" a new law forcing home-sharing platforms to disclose data about hosts.