NYC Local Law 18 - Short Term Rental Registration Law effective September 5, 2023

[Jonathan2190]

Are you a Host in NYC?  In light of the evolving landscape shaped by Local Law 18 (Short-Term Rental Registration Law) in New York City, it's an important time to consider your options for your NYC property 🤔

To help you stay informed, here are some resources:

1. Airbnb lawsuit dismissed: https://casetext.com/case/airbnb-inc-v-nyc-mayors-office-of-special-enft
2. Short-Term Rental Registration page: https://www.nyc.gov/site/specialenforcement/registration-law/registration.page 
3. Detailed law and legislative history: https://legistar.council.nyc.gov/LegislationDetail.aspx?ID=4950986&GUID=584F2A6A-6793-480E-A315-F0C8... 
4. Reporting illegal Short-Term Rentals in NYC: https://portal.311.nyc.gov/article/?kanumber=KA-02317 
5. Advocacy group for homeowner rights: https://www.rhoar.org/ 

While the path ahead may not be entirely clear, there are alternative ways to make the most of your NYC property. ***

Wishing you all the best as you navigate these changes.

Warm regards,

Jonathan ***

*This post adheres to Airbnb’s Content Policy.

**[Name hidden & advertisement removed - Community Center Guidelines]

[Helen3]

Interesting what made you as someone who's not a host join our community to post these links @Jonathan2190 

[Jonathan2190]

Nice to hear from someone across the pond, @Helen3 👍

Full disclosure: I work in real estate in NYC. Had a conversation this week with a host/owner of a two-family house who's struggling to figure out how to move forward. He's looking at pivoting to longer (6-month) stays, but that has it's own pros and cons.

Hosts will make their decisions, but if any are thinking about taking their properties to market, either traditionally or creatively, then our team may be able to help.

Good luck in UK! Any new local restrictions there?

[Helen3]

Full disclosure always a good idea to read the rules of a community before posting on it.

If you had you'd realise it's explicitly against the terms of this community to use it to try and promote your business.  @Jonathan2190 

[Jonathan2190]

Thank you @Helen3. I haven't promoted my business anywhere, I'm offering information to NYC based Hosts who may find it useful based on what I'm seeing here. But I'll definitely take another look at the policy.

[Helen3]

Really ???? 'Whether you're considering a traditional sale, exploring creative financing options, or seeking alternative strategies, we're happy to connect and discuss your unique circumstances and preferences."

[Elisabeth40]

@Helen3 you are awesome Helen