Airbnb sues New York City over its short-term rental restrictions | CNN Business

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Airbnb sues New York City over its short-term rental restrictions | CNN Business
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Airbnb on Thursday sued New York City over its restrictions on short-term housing rentals, in a legal dispute that pits the company’s concerns about its ability to operate in a key market against the city’s efforts to address an affordable housing crisis

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The San Francisco-based tech company sued New York City over the Short-Term Rental Registration Law, a local ordinance passed in 2022 and set to begin being enforced next month. The law requires short-term rental hosts in the city to register with the mayor’s office, disclose who else lives on the property and agree to comply with other city codes.

While Airbnb has argued its service can be a financial boon to hosts and provide economic benefits to communities, critics have raised concerns that the service risks limiting available housing supply and being disruptive in neighborhoods. Jonah Allon, a spokesperson for the mayor’s office, said the administration’s goal is “protecting safety and community livability for residents, preserving permanent housing stock, and ensuring our hospitality sector can continue to recover and thrive.

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