Airbnb has ceased accepting some reservations in New York City due to new regulations governing short-term rentals.
The rules aim to curb the practice of landlords and residents renting out their apartments for short stays, which has strained housing availability in the city.
Under the regulations, rentals under 30 days are allowed only if hosts register with the city, are physically present during the rental, and accommodate no more than two guests, excluding families. Platforms like Airbnb can’t process rentals for unregistered hosts, and the city has approved just under 300 out of over 3,800 applications received.
Airbnb has contested the rules in court, asserting they harm visitors seeking affordable accommodations. Nevertheless, Airbnb is now complying with the regulations, halting short-term reservations from hosts without city registration.
As the city’s verification system becomes fully operational, Airbnb plans to enforce registration for all short-term listings.
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