![]() The parameters are pretty strict, moreover: The law bans short-term dwelling units unless the permanent resident of the space is present during the rental, and it requires that the host “maintain a common household with a rentee.” In layman’s terms, that means “no locks.” Predictably, the number of short-term listings fell by more than 80 percent from August to October 1.įewer short-term rentals likely means higher prices for tourist accommodations. It requires landlords to register their short-term rental properties with the city and prohibits platforms such as Airbnb and Vrbo from processing transactions for unregistered rentals. Local Law 18, a measure adopted last January to crack down on short-term rentals, took effect in September. In New York, this delicate balance is tipping against tourists as hostility to outsiders becomes a matter of policy. Show me a city without tourists, and I’ll show you a city in decline. But they’re a sign that the city is doing something right. Tourists stick out and may not observe local norms, which can inspire petty grumblings and genuine anger from locals. Tourists are like bees: I don’t want a bunch of them circling around me, but I also don’t want them to disappear.
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