Five months after New York City's Short-Term Rental Registration Law went into effect, more than 5,000 Airbnb, VRBO and Booking.com hosts have been told by the city to send more information
New York City's law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, NYC hosts must stay in the unit with their guests
Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City
The company says only nine of its nearly 40,000 units in New York have been approved under the new law — which Airbnb claims is meant to drive out short-term rentals