New York City Expands Short-Term Rental Ban by 2,300 More Buildings
Skift Take
Owners and managers in News York City are rushing to sign up their buildings as no-book zones for short-term rentals, but the number of host registrations is paltry so far.
New York City is in the process of getting all the pieces in place to clamp down on illegal short-term rentals pending a July deadline when fines against both hosts and platforms like Airbnb, Vrbo and Booking.com for any non-compliance would begin.
The law is a tough one. Unlike cities like San Diego that cap the number of permissible vacation rental properties or Lucerne, Switzerland, which bars hosts from renting out their units for more than 90 days annually, the Big Apple requires hosts to be present in the same unit during the stay, and prohibits internal door locks within the unit.
Depending on how stringently the law winds up getting enforced — and hosts and platforms have dodged such mandates in the past — this would mean that a host who took a weekend getaway, week-long vacation or owned a second or third home, couldn't put their properties on the short-term rental market under these circumstances. Big real estate interes
