© 2024 Blue Ridge Public Radio
Blue Ridge Mountains banner background
Your source for information and inspiration in Western North Carolina.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

NYC's new short-term rentals law is already making an impact

The new laws implemented in New York City aimed at cracking down on short-term rentals are already having a huge impact on the city.

Wired reports a 70% drop in Airbnbs available in the city, while there is also a reported uptick in the number of long-term rentals in the city. However, concerns still persist about illegal short-term rentals and how the law will be policed.

Host of Public Radio’s “Full Disclosure” Roben Farzad joins to update us on the situation.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.