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New York City is getting serious about its laws on rentals and hotels. Tourists might have a hard time finding a place to stay in New York City. "We could see fewer budget travelers but more tourists willing to spend on regulated high-quality accommodations," he said. AdvertisementAdvertisementThe Airbnb law especially is a big change. Still, New York City will always draw tourists.
Persons: aren't, Steve Turk, Turk, you'll, Razonie Napier, he'd, Napier, That's Organizations: Service, Wired, Apple, Turk Hospitality, Special Enforcement, New Yorker Locations: York City, New York City, Wall, Silicon, New York, York, New, Lower, Coney Island , Brooklyn, , New York City, Omaha
CNN —Travelers looking to rent an apartment for a few days in New York City will find slimmer pickings now that city officials have started enforcing new rules cracking down on short-term rentals. Airbnb has called the rules a “de facto ban” on short-term rentals (STRs) that will hurt hosts and the tourism economy. The requirements for approval are strict and follow laws that pre-date the new registration rules. Hanson said that long-term average hotel occupancy in New York City is between 80% and 85%, well above the national average between 62% and 67%. Thousands of listings across various booking sites will be affected as the new registration rules are enforced.
Persons: Airbnb, , Christian Klossner, Andrew Lichtenstein, ” Theo Yedinsky, Bjorn Hanson, Jonathan M, Hanson, ” Hanson, ” Airbnb Organizations: CNN, Travelers, NYC’s, Special, Expedia, New York, Tisch Center of Hospitality, New York University, isn’t, Marriott, Hilton, CNN Travel, Local Locations: New York, , York, New York City, “ New York
The new rules threaten to shutter thousands of short-term rentals and fundamentally redraw what kinds of apartments and homes are used for short-term rentals in New York City. Data site Inside Airbnb estimates there are 40,000 Airbnb listings alone, while an economic study prepared for Airbnb by Boston University Professor Michael Salinger estimates that number is closer to 36,000. One reason for New York City's crackdown is a concern over how short-term rentals squeeze an already incredibly tight housing market. "But a lot of short-term-rental hosts are getting caught up in this lazy sweep." Currently, the average daily rate for New York City listings on Airbnb and Vrbo is $251, according to AirDNA.
Persons: it's, Michael Salinger, AirDNA, Grant, Eric Adams, Melissa, I've, Melissa isn't, she'd, Larry Korman, Siegfried Layda, Korman Organizations: Service, New York, Boston University, Street Journal, New York City's, Special, York City, New Locations: New York City, Wall, Silicon, New, Airbnb, Hollywood, York, Philadelphia, New York, Ridgewood , Queens, Central Park, Central
Inside each van, guests could find a mattress, a small sink, and a toilet with a sign reading, "For Emergency USE only please! But local residents told the Daily News they saw Airbnb guests using the streets as their restroom. However, that didn't stop Airbnb guests from leaving less-than-positive reviews. Airbnb removed the listings in JulyAccording to the Daily News, the Airbnb host was Magdalena Kulisz, who went by the name Magda Agata on the platform. Another guest gave the listing one star, writing: "This 'van experience' is not a fun experience."
Persons: Airbnb, Airbnbs, Ellen Moynihan, van, Stacey, Magdalena Kulisz, Magda Agata, Kulisz, it's, Sha Kenan, Kenan, Van Camper, Culture62288004542, Tripadvisor Organizations: Service, luxe, New York Daily News, Daily News, Tripadvisor Locals, Daily, Miss Immigrant, Mayor's, Special, Immigrant, Tripadvisor Locations: NYC's, Wall, Silicon, York, New York City, Tripadvisor
CompaniesCompanies Law Firms Airbnb Inc FollowNEW YORK, June 12 (Reuters) - The City of New York will delay enforcing a new municipal law that Airbnb Inc (ABNB.O) said could limit the number of people who can host rentals in the city, a Friday court filing showed. Under the law, hosts must be permanent occupants of the units being rented and must register with the Mayor's Office of Special Enforcement (OSE) before posting rentals. The office of New York City Mayor Eric Adams did not immediately respond to a request for comment. Airbnb said that in the first week of July, more than 5,500 short-term rentals are reserved to host more than 10,000 guests in New York City. The case is Airbnb Inc. v New York City Mayor's Office of Special Enforcement in New York State Supreme Court in Manhattan.
Persons: Eric Adams, Airbnb, Karen Dunn, Paul, Weiss, Doyinsola Oladipo, Richard Chang Organizations: Airbnb, Mayor's, Special Enforcement, New York City, Inc, New York, New York City Mayor's Office, Enforcement, Court, Thomson Locations: New York, New York City, Manhattan
New York City to delay enforcing law against Airbnb hosts
  + stars: | 2023-06-12 | by ( ) www.cnbc.com   time to read: +1 min
Supporters of Airbnb hold a rally on the steps of New York City Hall showing support for the company on October 30, 2015 in New York City. The City of New York will delay enforcing a municipal law that Airbnb said could limit the number of people who can host rentals in the city, a Friday court filing showed. The short-term rental company filed a lawsuit against the city on June 1 over the law it called a "de facto ban" against short-term rentals set to go into effect on July 1. Under the law, hosts must be permanent occupants of the units being rented and must register with the Mayor's Office of Special Enforcement before posting rentals. Airbnb said that in the first week of July, more than 5,500 short-term rentals are reserved to host more than 10,000 guests in New York City.
Persons: Airbnb, Jonah Allon, Eric Adams, Karen Dunn, Paul, Weiss Organizations: New York, Mayor's, New York City, Garrison Locations: Airbnb, New York City, The City, New York, Rifkind, Wharton
City councils around the United States are increasingly introducing ordinances to regulate short-term rentals, which in some cases will require hosts to obtain licenses and pay registration fees or limit the number of short-term rentals in business districts. The short-term rental company is requesting that the court blocks the enforcement of "Local Law 18". Airbnb said that in the first week of July, more than 5,500 short-term rentals are reserved to host more than 10,000 guests in New York City. The company said in the filing a previous law which went into effect in 2021 prompted 29,000 hosts to leave the short-term rental market in New York. Airbnb’s annual net revenue in New York City in 2022 was $85 million, according to the filling.
Persons: Airbnb, Doyinsola Oladipo Organizations: Airbnb, New York, New, New York City Mayor's Office, Special Enforcement, Thomson Locations: New York City, City, United States, New York's, New York
Share this -Link copiedAlhambra officials release statement on Monterey Park shooting Alhambra officials released a statement on the Monterey Park shooting early Sunday evening. Officials also acknowledged the shooting that occurred in the city after the Monterey Park shooting. Share this -Link copiedPolice release pictures to identify Monterey Park shooting suspect The Los Angeles County Sheriff's Department has released pictures seeking to identify the Monterey Park shooting suspect. Law enforcement has connected him to the Monterey Park shooting and a shooting minutes later in Alhambra. Patrons of the Alhambra dance hall wrestled a firearm away from a man about 20 minutes after the Monterey Park shooting.
Share this -Link copiedAlhambra officials release statement on Monterey Park shooting Alhambra officials released a statement on the Monterey Park shooting early Sunday evening. Officials also acknowledged the shooting that occurred in the city after the Monterey Park shooting. Share this -Link copiedPolice release pictures to identify Monterey Park shooting suspect The Los Angeles County Sheriff's Department has released pictures seeking to identify the Monterey Park shooting suspect. Law enforcement has connected him to the Monterey Park shooting and a shooting minutes later in Alhambra. Patrons of the Alhambra dance hall wrestled a firearm away from a man about 20 minutes after the Monterey Park shooting.
A NYC law set to go into effect in January requires Airbnb hosts prove they reside at the property. An estimated 10,000 — or 25% — of the city's Airbnb rental units could be shut down as a result. There are about 40,000 Airbnb listings in New York City, according to the unofficial database Inside Airbnb. Some real-estate investors turned their eye toward short-term rental properties during the pandemic, with short-term rental listings spiking by 19% from September 2019 to this September, according to AirDNA. Like the looming New York City rules, Atlanta requires short-term rental landlords to register with the city.
Authorities say it's a miracle two people had only minor injuries after their vehicle plunged hundreds of feet off the road and into a canyon Tuesday in California. A man and a woman in their early 20s fell about 300 feet when their vehicle veered off the road into Monkey Canyon in Angeles National Forest, about 30 miles northeast of downtown Los Angeles, Los Angeles County Sheriff’s Sgt. “Nearly all of the vehicles that go over the side of the road in that particular area turn out to be fatalities. Had it not been for the smartphone technology, Gilbert said, the two risked hypothermia, because temperatures were expected to drop into the 30s overnight. The sheriff’s department’s Special Enforcement Bureau tweeted dramatic video and photos of the rescue.
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