Airbnb has filed a lawsuit against New York City claiming
that the new restrictions would diminish the availability of short
term rentals here in the city. Airbnb claims that
the 2022 ordinance which is set to be enforced next
month would significantly reduce the availability of short term rentals
. Now, that ordinance requires property owners to register
with the mayor's office and to disclose information about other
properties and residents at those properties. They also have
to comply with zoning construction and maintenance regulations. A
spokesperson for Mayor Eric Adams says City Hall will review
that lawsuit. I mean, we know how attractive
New York City is for air apartments. Exactly.
I mean, there's about 38,000 active listings right now
, but you know, the hotel companies are completely
against this. They basically brand Airbnbs as illegal hotels
and I'm glad you mentioned that this will be in
force starting next month. In July. It was
officially approved in March. Since then, the city
has only approved nine host registrations. Despite dozens of
people in New York trying to apply, I would
love to have my apartment rented out all the time
. I would rent your apartment. Yes, please
. Yes. Take it.