The enforcement of Local Law 18 in New York, which went into effect in September 2023, has caused significant changes to short-term rentals in general and the operation of all related platforms, such as Airbnb. This law introduced strict restrictions on short-term rentals lasting less than 30 days, requiring the presence of the host during the guests’ stay, while limiting the number of guests to two per reservation and prohibiting the use of interior locks.
A year after its implementation...