New report finds NYC’s short-term rental law takes toll on outer boroughs - Hospitality Net
Summary
A new report suggests that NYC's short-term rental law is negatively impacting the outer boroughs. Hosts in these areas may need to re-evaluate their strategies and ensure compliance with the new regulations to avoid potential issues.
Key Insights
- •A new report finds NYC’s short-term rental law is taking a toll on the outer boroughs.
Action Items
- ✓Hosts in the outer boroughs should familiarize themselves with the new NYC short-term rental laws.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with NYC's short-term rental regulations could lead to penalties, including fines.
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