Airbnb limits some new reservations in New York City as short-term rental regulations go into effect

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New regulations on short-term rentals have gone into effect in New York City

Home-sharing giant Airbnb said it has had to stop accepting some reservations in New York City as new regulations on short-term rentals went into effect Tuesday that will mean big changes for travelers hoping to avoid the high cost of a Big Apple hotel.

Officials and housing advocates who had pushed for the restrictions said they were necessary to stop apartments from becoming de facto hotels. But since Aug. 21, the company — which had 38,500 active non-hotel listings in New York City as recently as January — said it had stopped accepting new short-term reservations from any host who hadn’t provided either a city registration number or documentation that it was in process. It said once the city’s verification system was fully up and running, no short-term listing would be allowed on its site without a registration number.

While online rental listing services gave travelers more options in New York — and were a financial windfall to residents who rented out their homes while away on vacation — they have also led to complaints about scarce housing in residential neighborhoods being gobbled up by tourists.

 

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