A state Supreme Court judge has tossed out Airbnb's lawsuit seeking an injunction to block New York City's registration rules for short-term rentals.
Local Law 18, passed in January 2022, requires Airbnb hosts to register with a database overseen by the Mayor's Office of Special Enforcement, submit diagrams of their homes and a list of who resides there, and prove they are abiding by zoning and safety regulations.
City officials said the law is aimed at landlords the city claims have been illegally collecting Airbnb booking fees for their properties. Officials estimate that nearly 10,000 short-term rentals in NYC are listed illegally.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
