Airbnb sues New York City for short-term rental restrictions
By Doyinsola Oladipo NEW YORK, June 1 (Reuters) - Airbnb Inc on Thursday filed a lawsuit against New York City over a new law it called a "de facto...
By Doyinsola Oladipo NEW YORK, June 1 (Reuters) - Airbnb Inc on Thursday filed a lawsuit against New York City over a new law it called a "de facto ban" against short-term rentals set to go into effect in July, which the company says will limit the number of people who can host rentals in the city. City councils around the United States are increasingly introducing ordinances to regulate short-term rentals, which in some cases will require hosts to obtain licenses and pay registration fees or limit the number of short-term rentals in business districts.