Thursday - November 21, 2024
Airbnb: New Report Finds NYC's Short-Term Rental Law Takes Toll on Outer Boroughs
November 12, 2024
AUSTIN, Texas, Nov. 12 (TNSres) -- Airbnb, a community-driven hospitality company, issued the following news release:

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Key Takeaways

* The outer boroughs could experience $1.6 billion less in projected visitor spending, over 15,700 fewer jobs, and $573 million less in worker earnings from Airbnb following NYC's stringent short-term rental law.

* New York City's short-term rental law has not increased housing availability or affordability a . . .

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