Skift Take
It is a charade for New York City to require hosts to have no locks on any bedroom door in their unit so guests and hosts can live in a "common household." On the other hand, requiring platforms to submit transaction reports doesn't seem unreasonable.
In May, two months after the New York City Office of Special Enforcement (OSE) opened the process of registering hosts to lawfully rent out their properties for less than 30 days, Airbnb said the city informed it that only nine hosts had been approved.
That paltry number represented only about 0.04% of Airbnb's total active short-term rental listings as of the beginning of 2023, the company said.
That's in a city that generated some $85 million in rental revenue for Airbnb in 2022.
In a lawsuit that Airbnb filed Thursday to block the implementation of Local Law 18, Airbnb stated: "The registration scheme chills short-term rentals by requiring extensive and intrusive disclosures of perso