New York City Imposes New Restrictions on Airbnb and Other Short-Term Rentals

New restrictions on short-term rentals like Airbnb and VRBO recently took effect in New York City. The city now requires registration and limits entire home rentals.
NYC is not the first city to regulate short-term rentals - Palm Springs, San Francisco, and Burlington have all implemented restrictions previously.
In Palm Springs, short-term rental hosts face caps on the number of allowed guest stays per year based on registration date.
San Francisco requires hosts to live in the rented property at least 275 days per year and register with the city's short-term rental office.
Burlington, Vermont now taxes short-term rental revenue at 9% and requires registration and fees for hosts.

foxbusiness.com

Relevant topic timeline:

9/3/2023

NYC Airbnb reckoning: New restrictions will make life more difficult for hosts, and some may find their listings banned altogether

New York City will start enforcing a law requiring short-term rental hosts on platforms like Airbnb to register, with new rules including bans on entire-unit rentals and a requirement for hosts to stay in-unit with guests, which could lead to the closure of thousands of rentals, while some operators see it as an opportunity for luxury short-term rentals.