New York City’s Office of Special Enforcement finds 27% of approved short-term rental listings are illegal.
NYC Takes Action Against Illegal Short-Term Rentals
600 Warnings Issued, Lawsuits Filed Against Non-Compliant Hosts
Key Details
- 27% of approved short-term rental listings are deemed illegal.
- NYC has issued 600 warnings to non-compliant hosts.
- Lawsuits filed against operators ignoring regulations.
What Travel Professionals Should Know
TMCs managing NYC accounts should verify their clients’ short-term rental bookings for compliance with Local Law 18. Non-compliant listings could lead to penalties or legal action.
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