{"id":7221,"date":"2023-09-05T23:01:45","date_gmt":"2023-09-05T23:01:45","guid":{"rendered":"https:\/\/prosfunds.com\/finance\/new-york-city-begins-tough-crackdown-on-airbnb-listings\/"},"modified":"2023-09-05T23:01:45","modified_gmt":"2023-09-05T23:01:45","slug":"new-york-city-begins-tough-crackdown-on-airbnb-listings","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=7221","title":{"rendered":"New York City begins tough crackdown on Airbnb listings"},"content":{"rendered":"
\n

Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder.<\/p>\n

A new ordinance that went into effect Tuesday requires all short-term-rental hosts to be registered with the city, live in the place they are renting, be present when someone is staying, and host only two guests at once.\u00a0<\/p>\n

\n

The rule \u2014 titled Local Law 18 \u2014 affects all platforms for booking short-term rentals, including Airbnb
\n ABNB,
\n +7.23%<\/bg-quote>,<\/span>
\n Booking.com
\n BKNG,
\n +0.96%<\/bg-quote>,<\/span>
\n Expedia Group Inc.\u2019s
\n EXPE,
\n +0.59%<\/bg-quote>
\n Vrbo and others.<\/p>\n

The rule will likely eliminate many Airbnb listings in New York City. <\/p>\n

\u201cNew York City\u2019s new short-term-rental rules are a blow to its tourism economy and the thousands of New Yorkers and small businesses in the outer boroughs who rely on home sharing and tourism dollars to help make ends meet. 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,\u201d Theo Yedinsky, global policy director for Airbnb, said in a statement to CNN.<\/p>\n

Airbnb filed a lawsuit against New York City in June this year, calling the rule a \u201cde facto ban against short-term rentals in New York City.\u201d A judge dismissed the case in August.\u00a0<\/p>\n

According to Skift, the total number of Airbnb listings could fall by 70%.<\/p>\n

Airbnb had already blocked calendars to prevent new reservations as early as Aug. 14, the company\u2019s website stated, in anticipation of the Sept. 5 deadline.<\/p>\n

\u201cExisting reservations with check-in on or before December 1 will not be canceled to mitigate impact to Hosts and guests,\u201d the company added. \u201cTo comply with the short-term rental regulations, we will be refunding all Airbnb fees associated with these stays after check-in occurs.\u201d<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder. A new ordinance that went into effect Tuesday requires all short-term-rental hosts to be registered with the city, live in the place they are renting, be present when someone is staying, and host only two guests at once.\u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":7222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-7221","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance"},"yoast_head":"\nNew York City begins tough crackdown on Airbnb listings | Prosfunds<\/title>\n<meta name=\"description\" content=\"Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder. A new ordinance that went into effect Tuesday requires all\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prosfunds.com\/?p=7221\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New York City begins tough crackdown on Airbnb listings | Prosfunds\" \/>\n<meta property=\"og:description\" content=\"Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder. A new ordinance that went into effect Tuesday requires all\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prosfunds.com\/?p=7221\" \/>\n<meta property=\"og:site_name\" content=\"Prosfunds\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-05T23:01:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/09\/1693954905_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/prosfunds.com\/?p=7221#article\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/?p=7221\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\"},\"headline\":\"New York City begins tough crackdown on Airbnb listings\",\"datePublished\":\"2023-09-05T23:01:45+00:00\",\"dateModified\":\"2023-09-05T23:01:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/prosfunds.com\/?p=7221\"},\"wordCount\":301,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/prosfunds.com\/?p=7221#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/prosfunds.com\/?p=7221\",\"url\":\"https:\/\/prosfunds.com\/?p=7221\",\"name\":\"New York City begins tough crackdown on Airbnb listings | Prosfunds\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/#website\"},\"datePublished\":\"2023-09-05T23:01:45+00:00\",\"dateModified\":\"2023-09-05T23:01:45+00:00\",\"description\":\"Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder. A new ordinance that went into effect Tuesday requires all\",\"breadcrumb\":{\"@id\":\"https:\/\/prosfunds.com\/?p=7221#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/prosfunds.com\/?p=7221\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/prosfunds.com\/?p=7221#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/prosfunds.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New York City begins tough crackdown on Airbnb listings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/prosfunds.com\/#website\",\"url\":\"https:\/\/prosfunds.com\/\",\"name\":\"Funding Factories\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/prosfunds.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/prosfunds.com\/#organization\",\"name\":\"Funding Factories\",\"url\":\"https:\/\/prosfunds.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"width\":780,\"height\":140,\"caption\":\"Funding Factories\"},\"image\":{\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/prosfunds.com\"],\"url\":\"https:\/\/prosfunds.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New York City begins tough crackdown on Airbnb listings | Prosfunds","description":"Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder. A new ordinance that went into effect Tuesday requires all","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prosfunds.com\/?p=7221","og_locale":"en_US","og_type":"article","og_title":"New York City begins tough crackdown on Airbnb listings | Prosfunds","og_description":"Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder. A new ordinance that went into effect Tuesday requires all","og_url":"https:\/\/prosfunds.com\/?p=7221","og_site_name":"Prosfunds","article_published_time":"2023-09-05T23:01:45+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/09\/1693954905_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/prosfunds.com\/?p=7221#article","isPartOf":{"@id":"https:\/\/prosfunds.com\/?p=7221"},"author":{"name":"News Room","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6"},"headline":"New York City begins tough crackdown on Airbnb listings","datePublished":"2023-09-05T23:01:45+00:00","dateModified":"2023-09-05T23:01:45+00:00","mainEntityOfPage":{"@id":"https:\/\/prosfunds.com\/?p=7221"},"wordCount":301,"commentCount":0,"publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/prosfunds.com\/?p=7221#respond"]}]},{"@type":"WebPage","@id":"https:\/\/prosfunds.com\/?p=7221","url":"https:\/\/prosfunds.com\/?p=7221","name":"New York City begins tough crackdown on Airbnb listings | Prosfunds","isPartOf":{"@id":"https:\/\/prosfunds.com\/#website"},"datePublished":"2023-09-05T23:01:45+00:00","dateModified":"2023-09-05T23:01:45+00:00","description":"Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder. A new ordinance that went into effect Tuesday requires all","breadcrumb":{"@id":"https:\/\/prosfunds.com\/?p=7221#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prosfunds.com\/?p=7221"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/prosfunds.com\/?p=7221#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/prosfunds.com\/"},{"@type":"ListItem","position":2,"name":"New York City begins tough crackdown on Airbnb listings"}]},{"@type":"WebSite","@id":"https:\/\/prosfunds.com\/#website","url":"https:\/\/prosfunds.com\/","name":"Funding Factories","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prosfunds.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/prosfunds.com\/#organization","name":"Funding Factories","url":"https:\/\/prosfunds.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","width":780,"height":140,"caption":"Funding Factories"},"image":{"@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","caption":"News Room"},"sameAs":["https:\/\/prosfunds.com"],"url":"https:\/\/prosfunds.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/7221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7221"}],"version-history":[{"count":1,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/7221\/revisions"}],"predecessor-version":[{"id":7223,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/7221\/revisions\/7223"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/media\/7222"}],"wp:attachment":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}