![]() Learn about the benefits and drawbacks of renting long term on Airbnb, including ways to save. The number of short-term rental listings available in New York City increased 27% year-over-year in April 2023 but listing counts are 32% below 2019 levels, according to short-term rental analytics company AirDNA. Monthly Airbnb rentals are a solid option for long-term stays. The company said in the filing a previous law which went into effect in 2021 prompted 29,000 hosts to leave the short-term rental market in New York. ![]() The Mayor's office said it will review the lawsuit.Īirbnb said that in the first week of July, more than 5,500 short-term rentals are reserved to host more than 10,000 guests in New York City. OSE application reviews will ensure "that only a miniscule number of hosts will ever be granted a registration," Airbnb said in the filing.Ī New York City spokesperson said in a statement that the administration of Mayor Eric Adams "is committed to protecting safety and community livability for residents, preserving permanent housing stock, and ensuring our hospitality sector can continue to recover and thrive." Fully furnished rentals that include a kitchen and wifi, so you can settle in and live comfortably for a month or longer in Long Beach, CA. They estimate that if Airbnb's growth rate continued for three years, Boston's mean asking rents in January 2019 would be as much as 178 a month higher. ![]() The short-term rental company is requesting that the court blocks the enforcement of "Local Law 18". The law, according to the filing, will make it more difficult for hosts to do business, requiring them to register with the New York City Mayor's Office of Special Enforcement (OSE) and to certify that they will comply with "the maze of complex regulations" for zoning, multiple dwelling law and housing maintenance code as well as construction code.
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