Last Update: June 02, 2023, 01:11 AM IST
New York, United States (USA)
According to the filing, annual net revenue for Airbnb in New York City in 2022 was $85 million.
City councils around the United States are increasingly introducing ordinances to regulate short-term rentals.
Airbnb Inc filed a lawsuit on Thursday against the city of New York over a new law it called a “de facto ban” against short-term rentals set to go into effect in July, which the company says will limit the number of people who Can host for rent. in city.
City councils around the United States are increasingly passing ordinances to regulate short-term rentals, requiring in some cases hosts to obtain licenses and pay registration fees, or limit the number of short-term rentals in business districts. will be needed.
The company’s filing to the New York State Supreme Court says that New York’s City Council has “effectively implemented its most extreme and repressive regulatory plan yet” through legislation passed in 2022, which would effectively crack down on short-term rentals in New York. serves as a deterrent.”
“Today’s filing comes only after exhausting all available avenues for a sensible resolution with the City,” Airbnb said in a letter to hosts.
The law, according to the filing, will make it more difficult for hosts to do business, requiring them to register with New York City’s Mayor’s Office of Special Enforcement (OSE) and certify that they comply with a “maze of complex regulations.” do. “For zoning, multiple housing laws and housing maintenance codes as well as building codes.
The review of the OSE application will ensure that “only a small number of hosts will be allowed to register,” Airbnb said in the filing.
OSE did not immediately respond to a request for comment.
Airbnb said more than 5,500 short-term rentals have been booked to host more than 10,000 guests in New York City since the first week of July.
The company said in the filing the previous law, which went into effect in 2021, prompted 29,000 hosts to leave the short-term rental market in New York. According to the filing, annual net revenue for Airbnb in New York City in 2022 was $85 million.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – reuters,
