Should NYC relax rules for short-term stays at private homes?

… The City Councils Committee on Housing and Buildings held a hearing yesterday on two bills that would … chip away at New York Citys strict rules for shortterm rentals by making exceptions for owners of one and twofamily … homes make up over 28 percent of the citys housing stock and just over 14 percent or 320000 units of its rental …

By Jennifer White Karp |November 21, 2025 - 9:30AM
Fake listing alert: Don't fall for any of these rental apartment scams

Rental apartment scams typically occur when demand is high … red hot Demand is outpacing the supply and rents continue to climb  to new highs  So if youre among the droves of … a brokerage Furthermore an owner can only request the first months rent and a security deposit which cannot exceed one …

By Celia Young |June 4, 2025 - 10:30AM
NYC files first lawsuit under Local Law 18 against owners of West Village inn

… first lawsuit using Local Law 18 New York Citys Office of Special Enforcement alleges 12 apartments in a pair of West … photo of the citys vacate order on the front door The guest expressed concern about the vacate order and noted that the … be penalized Fines for hosts can go as high as $5000 and platforms can face penalties of $1500  … What the lawsuit …

By Jennifer White Karp |May 30, 2025 - 9:30AM
9 signs that a short-term rental listing is a scam

… Imagine signing a threemonth sublease for an apartment in New York City only to be kicked out … contact the socalled owner is no longer working  When the rental market has a lot of competition for apartmentsas is the case in NYC nowscammers come out in …

By Jennifer White Karp |May 13, 2025 - 10:30AM