CNewYork recalls that the laws governing short-term rentals in New York on Airbnb or similar platforms were already very restrictive.
Other than the above rules, rentals in New York City for less than 30 days are not permitted unless the owner is present for the entire length of the stay or the rental apartment is located in a less than 3 apartments. .
Deals that greatly reduce the chances of a one to two week stay in New York with friends or a family vacation.
New York City has been tackling short-term rentals since 2010. In 2016, a Senate law further strengthened the existing restrictions.
The goal was to curb real estate speculation, many investors bought apartments for the sole purpose of renting them on Airbnb or similar platforms.
