Will Airbnb return to NYC? Bill would allow short-term rentals for 1- and 2-family homes. - Gothamist
Summary
A new bill in New York City could allow short-term rentals in one- and two-family homes, potentially allowing Airbnb to return to the city. Hosts in NYC should monitor this legislation as it could significantly impact their ability to offer short-term rentals.
Key Insights
- •A bill is being considered that would allow short-term rentals in one- and two-family homes in New York City.
Action Items
- ✓Monitor the progress of the bill and stay informed about any changes to local regulations.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to comply with new regulations could result in fines or the inability to operate as an STR.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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