In 2022, New York City passed a law that imposed restrictions on short-term rentals. On Thursday, Airbnb, along with a trio of local hosts, sued New York City, filing two separate lawsuits in Manhattan's state court. The more properties are turned into short-term rentals, the fewer housing options are available for actual residents. This isn't the first time Airbnb has battled short-term rental rules, and the court's ruling may affect how lawmakers approach the issue. In 2020, the company agreed to settle a dispute with New York City over a 2018 law that attempted to curb the practice.

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Persons: Airbnb, Karen Dunn, Dunn, Gia Briscoe, Eric Adams Organizations: Morning, New York City's, New Locations: New York City, New York, Airbnb, Cities, Brooklyn, New Orleans, Florence