September 5, 20237 min read, 1454 words
Published: September 5, 2023 | 7 min read, 1454 words
Thousands of Airbnbs and short-term rentals are about to be wiped off the map in New York City. Local Law 18, which came into force Tuesday, is so strict it doesn’t just limit how Airbnb operates in the city—it almost bans it entirely for many guests and hosts. From now on, all s...
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Investigative1
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Investigative
September 5, 2023
This was a very good, balanced look into the new legislation and the effect on the short term rental market in New York City. The only thing I would have liked to see more of was how or if traditional hotel chain companies have had any influence on this policy, as they seem to be the primary beneficiaries.
September 5, 2023