Key Points
The law has yielded some unintentional effects that are harming smaller homeowners, Lindsay says.. Amid the uncertainties, there may be some winners from the law: hotels in the city and the state of New Jersey..
Across the Hudson River, demand for short-term rentals has risen sharply in Jersey City, Hoboken, and Weehawken since the law passed, all cities that offer quick access into downtown Manhattan..
In the six months since New York Citys short-term rental rules went into effect, weve seen travelers facing record hotel prices and former hosts struggling with loss of incomebut we have seen no improvement in housing costs," Nathan Rotman, Airbnb's Northeast policy lead, tells WIRED..
"We hope city leaders listen to hosts who are advocating for changes to the existing rules.. Lindsay, of the homeowners association, says people like him are hurting while their counterparts in New Jersey benefit..
The association is working on ways the New York City Council might amend the law to allow these smaller hosts to operate short-term rentals..
You might be interested in
Why is Airbnb suing New York City?
03, Jun, 23Airbnb is suing New York City over a law it says amounts to a ‘de facto ban’ on short-term rentals set to come into force in July. The suit argues that the law will make it harder for hosts to do business.
New York’s Airbnb Ban Is Descending Into Pure Chaos
09, Oct, 23People are listing short-term rentals on social media and lesser-known platforms, bolstering a rental black market in New York City.
New York’s Airbnb Ban Is Causing a Christmas Crunch
20, Dec, 23Hotel prices and tourism numbers are up as New York City goes through its first holiday season with new rules that ban nearly all Airbnbs and other short-term rentals.
New York Cracked Down on Airbnb One Year Ago. NYC Housing Is Still a Mess
06, Sep, 24The city’s short-term stay law was meant to lower rents and open up apartments for full-time residents. Critics claim the data shows it’s not working.
New Orleans Tried to Control Vacation Rentals With a Lottery. It Was a Mess
03, Dec, 23In trying to limit the impact of short-term rentals like Airbnbs, New Orleans used an elaborate lottery system to pit neighbors against each other. A lawsuit from angry hosts has put it in limbo.
New York is breaking free of Airbnb's clutches. This is how the rest of the world can follow suit | Anna Minton
27, Sep, 23The company is calling it a ‘de facto’ ban – and it could reshape the housing market in residents’ favour, says author Anna Minton