Navigating New York's Short-Term Rental Restrictions

This chapter examines the significant changes in New York City's legislation regarding short-term rentals, particularly targeting Airbnb operations. It highlights the emotional and financial struggles of individual hosts against the backdrop of housing shortages, while also exploring the perspectives of housing advocates. The discussion illuminates the ongoing conflict between local residents and commercial operators, along with the challenges posed by rental arbitrage and the complexities of regulatory compliance.