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Updated about 2 years ago on . Most recent reply

User Stats

39
Posts
8
Votes
Kyle Soudalan
  • Rental Property Investor
  • San Francisco
8
Votes |
39
Posts

NYC Airbnb Crackdown

Kyle Soudalan
  • Rental Property Investor
  • San Francisco
Posted

https://www.amny.com/housing/new-york-crackdown-airbnb-begin...

I haven't seen too much discussion about NYC in general here (likely due to the high cost of housing and politics), but does everyone think this is effectively the end of short term rentals in NYC? 

My mom owns a long term rental (duplex) in Queens and to prepare for retirement, was thinking of making one of her units a short term rental. I told her a few weeks ago she might want to hold off and considering Airbnb given these legal changes, but curious what the BiggerPocket community thinks.

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