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Theo Yedinsky, vice president of public policy at Airbnb, also has reservations, telling BI that he thinks NYC's focus on short-term rentals is misguided. "I don't think Local Law 18 should have ...
A year-old clampdown on Airbnb in New York City has created an exploding underground market for apartment rentals — and a handful of scrappy startups are attracting big-name investors as...
(Reuters) - Airbnb on Tuesday asked New York City to reconsider regulations on short-term rentals that went into effect in September 2023, citing higher prices for travelers and zero impact on the ...
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 ...
Airbnb contested one such law in New York. [221] [222] 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. [223] Similar cases were settled in Boston and Miami. [224]
Housing costs are influenced by many factors, but in 2020, researchers found that Airbnb growth in the median ZIP code accounted for an increase of $9 in monthly rent and $1,800 in home prices ...
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