As a result of overly broad legislation, most forms of short-term rentals are outlawed in New York City even with high demand and an expensive hotel market.
The legislation:
- Restricts the ability of people to rent their entire home in a Class A Multiple Dwelling for fewer than 30 consecutive days.
- But does allow people to rent a private room within the home to a “lawful border.
The legislation hasn’t stopped the existence of short-term rentals in the city, despite the threat of fines and penalties. The ban limits options for visitors and forces short-term renters underground. STRAC NYC is working with local residents and short-term rental providers to share information, establish best practices, and advance smart short-term rental regulation that benefits all stakeholders.
The Committee for Short-Term Rental Reform is another organization that is doing advocacy work in New York.
Questions about the Short Term Rental Advocacy Center’s New York City chapter? Send a message to info@stradvocacy.org.
Today’s Bradenton Herald points to another great example of a local community benefiting from fair and reasonable short-term rental regulations. The Bradenton Area Convention Center & Visitors Bureau is partnering with Southern Living magazine to host a restaurant week and … Continued
A recent piece in the local edition of the Chicago Tribune by Howard Handler, government affairs director for the North Shore-Barrington Association of REALTORS®, finds fault in Evanston’s bid to classify short-term rentals as a subcategory of bed-and-breakfasts. In advance … Continued
Oregon state legislators are trying to find a new way to assess taxes on vacation rental activities. Oregon House Bill 2656 would expand and increase taxes on tourism, by attempting to capture tax revenues on special service fees and any … Continued
Over the weekend, regulation of short-term rentals was a hot topic in the news. Two important examples: An article in Crain’s New York Business notes that short-term rentals are “expected to generate around $1 billion in local economic activity in … Continued
