Future unclear for range of housing bills in NYC Council, including looser Airbnb rules - Gothamist
Summary
A housing bill in the NYC Council concerning looser Airbnb rules has an unclear future. Hosts in NYC should monitor the progress of this bill, as changes to local regulations could significantly impact their operations.
Key Insights
- •A range of housing bills, including those affecting Airbnb rules, face an uncertain future in the NYC Council.
Action Items
- ✓Hosts should monitor the progress of housing bills in NYC to stay informed about potential regulatory changes.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to comply with updated local regulations could result in fines or other penalties.
More from Regulations & Compliance
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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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