NYC short-term rental restrictions go into effect, threatening thousands of Airbnb listings

New regulations requiring hosts to register their property with New York City in order to provide short-term leases went into effect on Tuesday after a lengthy battle between Airbnb and the city. A new law, pushed by the city in 2021, aimed to block illegal short-term rentals by requiring hosts to register with the Mayor’s Office of Special Enforcement. Rentals less than 30 days will be affected, threatening listings on platforms like Vrbo and Airbnb. Short-term rental hosts sued the city to prevent the regulations under Local Law 18 from...