How Local Law 18 and Its Predecessors Are Changing Short-Term Rentals in New York City
New York City has long been a vibrant and dynamic hub for travelers from around the world. Its iconic skyline, diverse neighborhoods, and rich cultural tapestry have made it a top destination for tourists seeking an authentic urban experience. For years, short-term rentals, facilitated by platforms like Airbnb and VRBO, offered visitors a unique way to experience the city like locals. However, the landscape of short-term rentals in the Big Apple has dramatically transformed in recent years, primarily due to…