Airbnb new york11/27/2023 She said she would try to follow the law by renting only for periods longer than 30 days. they bought it thinking they had the right to do whatever they wanted," she said. "Almost everybody in the group (RHOAR) owns their own home and. Recently retired, if she has to do without the $3,000 a month on average that the rent brought her, she may have to rethink going back to work, she tells AFP by telephone. (she prefers not to give her last name), 63, who used to offer the ground floor of her two-story family home in Brooklyn as a short-term rental. The organization RHOAR, which brings together small landlords of up to two homes, says that eliminating short-term rentals "will threaten owners' ability to cover their mortgages, possibly creating an additional housing crisis," and puts them "at acute financial and personal risk." In a city with rents averaging around $5,000 a month, one of the goals of the new ordinance is to get many of these tourist apartments back onto the long-term market, alleviating the city's chronic housing shortage.īut many believe it will create a bigger crisis than it hopes to solve. "The city is sending a clear message to millions of potential visitors who will now have fewer accommodation options when they visit New York City: you are not welcome," said Theo Yedinsky, global policy director for the platform. The city clearly has Airbnb in its crosshairs with the new law, and the San Francisco-based platform vehemently objects to the measure.
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