Airbnb enthusiasts may no longer love New York quite as much. The city’s latest regulations on renting an apartment or other vacation home for less than 30 days mean that the platform will no longer be an ideal option for most visitors.
Local Law 18, the latest move in a lengthy battle between Airbnb and NYC locals, effectively banned most typical uses of the platform within the city on Tuesday. This policy places extremely strict limitations on how Airbnb, Vrbo, Booking.com, and other short-term rental hosts can operate in NYC, which means that it will no longer be an ideal option for spending a few days or weeks in the city.
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