Airbnb claims short-term rental laws harm outer boroughs such as the Bronx

For those traveling to NYC for the holidays, finding an affordable place to stay will likely prove challenging. Hotel prices averaged $301 per night in 2023, and given the city’s new restrictions on short-term stays in people’s homes, there are fewer alternatives on Airbnb and other booking websites.About a year has passed since enforcement of Local Law 18 of 2022, known as the Short-Term Rental Registration Law, took effect — and Airbnb says the restrictions are costing Bronx