New York City Bill Would Revive Some Short-Term Rentals
Skift Take
Changes to Local Law 18 are possible. This development comes a lot sooner than many observers envisioned.
Consider it the first sign that there might be a change to New York City's Local Law 18, which banned many short-term rentals in September 2023.
Several city council members introduced a bill that would extend short-term rental hosting in a variety of ways to owners of one- and two-family homes. They are currently prohibited from offering up their properties for fewer than 30 days.
The bill, No. 1107, would:
Enable these homeowners to rent their primary residences for one night or longer; They would no longer have to be present during the guests' stay; They could accommodate up to four adults (up from the current two) plus their children; They could have locks on bedroom doors. Guests would no longer have the run of the house because of the prohibition of indoor locks; Their homes would have