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Airbnb listings have taken a hit, but the law's impact on prices and inventory remains unclear. ... New York City's ban on most short-term rentals was supposed to make housing cheaper in the city ...
Airbnb estimated there were nearly 15,000 listings across NYC last month. But, according to the New York Times, the city had received just 3,250 or so registration applications as of Aug. 28. Of ...
Airbnb, citing data from Apartment List, said vacancy rates for apartments in New York City have remained virtually unchanged at 3.4% since the law took effect. The company also said the cost of ...
A New York judge on Tuesday dismissed Airbnb's lawsuit against New York City over legislation it called a "de facto ban" against short-term rentals on Tuesday. Justice Arlene Bluth of a state ...
Working with a Canadian, Tom Slee, he found the company had removed over 1000 listings that violated New York's multiple dwelling law just before the data was released. They published a report titled "How Airbnb’s Data Hid the Facts in New York City" in February 2016.
Airbnb sued New York City on Thursday over an ordinance that the company says imposes arbitrary restrictions that would greatly reduce the local supply of short-term rentals. Airbnb said called ...
Airbnb contested one such law in New York. [222] [223] However, in May 2019, Airbnb agreed to turn over some anonymized information for approximately 17,000 listings so that the city could pursue illegal rentals. [224] Similar cases were settled in Boston and Miami. [225]
A 1971 law took away New York City's ability to regulate rents and gave the power to the state government. [ 25 ] The Omnibus Housing Act of 1983 transferred the responsibilities for rent regulation in New York City from the New York City Conciliation and Appeals Board (CAB) to the New York State Division of Housing and Community Renewal (DHCR ...