By Catherine Thorbecke, CNN (CNN) — Airbnb on Thursday sued New York City over its restrictions on short-term housing rentals, in a legal dispute that pits the company’s concerns about its ability to operate in a key market against the city’s efforts to address an affordable housing crisis. The San Francisco-based tech company sued New
Airbnb, the short-term rental platform, is taking legal action against New York City over a new law that it claims amounts to a “de facto ban” on short-term rentals. As reported Thursday (June 1) by Reuters, the law, known as Local Law 18, is set to go into effect in July and will limit the […] The post Airbnb Sues New York City Over Short-Term Rental Law first appeared on PYMNTS.com.
NEW YORK (AP) — Airbnb is suing New York City over rules that the company says would make it much more difficult for people to turn their property into short-term rentals. Airbnb filed the lawsuit Thursday, and was joined by three of its hosts. Regulations that the city plans to begin enforcing next month would
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. The 2022 ordinance, which the city plans to begin enforcing next month, would require owners to register with the mayor&rsquo
The proposal has revived the debate over Airbnb and its role in the housing crisis.
The proposal has revived the debate over Airbnb and its role in the housing crisis.
A bill to tax Airbnb and other short-term rentals to fund affordable housing projects could be voted on by the Senate as soon as today. The proposal has revived the debate over Airbnb and its role in the housing crisis.
A bill to tax Airbnb and other short-term rentals to fund affordable housing projects could be voted on by the Senate as soon as today. The proposal has revived the debate over Airbnb and its role in the housing crisis.
Airbnb filed a lawsuit against the city of New York on Thursday in regard to short-term rental restrictions, calling the city's Local Law 18 the "most extreme and oppressive regulatory scheme yet."
Airbnb has announced bookings in America can be cancelled without penalty as COVID-19 cases spread through the country. In a pair of lawsuits filed on Thursday, the online platform and two hosts have asked the State Supreme Court in Manhattan to block the city from implementing a new law that, they claim, will “all but eliminate the short-term rental market in New York City.” [ more › ]
New York City passed an ordinance in 2022 imposing restrictions on short-term rentals. Set to become law this July, Airbnb is now suing.
Los Angeles-area legislators were more likely to get legislation passed than the average member of Congress.