What You Need To Know About NYC Airbnb Rules

NYC LANDLORDS: If you are looking for qualified tenants, please contact me at 917-254-2103 or complete an intake using this link: https://forms.gle/XRTMDNiWVSiPqtUe9

REGISTER YOUR AIRBNB WITH NYC HERE: https://www.nyc.gov/site/specialenfor...

FREE GUIDES: https://bit.ly/45URvuV

New regulations governing Airbnb and other short-term rental properties in New York City are now in operation. In the previous year, New York City approved legislation aimed at implementing existing regulations pertaining to short-term rentals. The city officially released the definitive guidelines on February 5th, 2023, and commenced enforcement of these rules on September 5, 2023.

The NYC Airbnb law is citywide and encompasses all areas. However, it excludes rentals lasting 30 days or more, those for family and friends, and rentals for business purposes from its regulations. On the other hand, Municipal authorities have asserted that the act of leasing such residences to tourists and guests, rather than local residents, worsens the already critical housing scarcity in the city and further elevates the cost of residing here

To rent their homes on Airbnb or similar platforms in New York City, hosts must register, pay a $145 non-refundable application fee, and reside in the property they're renting. They can only rent out the entire home to a maximum of two guests, with a 30-day consecutive short-term rental limit, and some building types, like hotels or boarding houses, are exempt from these regulations.

#Airbnb #ShortTermRental #RealEstate #NYCRealEstate #Airbnbnyc #NYCAirbnb #Airbnbban #NewYorkRealEstate #NewYorkCityRealEstate #ShortTermRental #Airbnbbusiness #Airbnbtips #Airbnbhost #NewYorkCityAirbnb #Airbnbust Justin R. Simmons, MPA
LICENSED REAL ESTATE ASSOCIATE BROKER
Exit Realty DKC
CELL: 917-254-2103
Office: 718-676-1371
CT LIC #: 814656
NYS LIC #: 10301219942