And hosts must be in the home for the duration of the stay. Existing law said short-term rental hosts can have no more than two people staying inside their units. The list also passes along fines to tenants who are illegally hosting guests. And we know it’s more organized,” Weber said. “For management, it makes our lives much easier. The prohibited buildings list enabled the city to deny applications from prospective hosts where the landlord does not allow it. Weber said he’s pleased City Council passed Local Law 18, which requires short-term renters to register with the city. “There is a ton of compliance that the property owner needs to meet, but not so much the tenant,” property manager Aaron Weber said. Meanwhile, only 52 prospective hosts have applied to legally register to list their unit.Īs many as 12,000 short-term rentals recently and frequently booked on Airbnb may be illegal, according to the city, because a person can't rent out a whole unit for less than 30 days, and they must be at the unit for the person's stay.Īs short-term rentals have grown in popularity, housing advocates have criticized the loss of these units from the long-term housing market, reducing inventory, thereby increasing rental prices.
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