It’s been one year since New York enacted a law that barred most whole-apartment rentals for short-term stays on platforms like Airbnb. Since then, the number of stays under 30 days has plummeted in the city, but Airbnb is raising questions about whether the lawmakers’ stated goals—lowering rents and opening up apartments for full-time residents—have been achieved.
Airbnb fought New York’s Local Law 18 in court, calling it a “de facto ban” on the platform, but failed to block it. Now, the company is asking New York to reconsider. In a recent post, the company called the outcomes of the law “predictable.” In the
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