New York, NY

New York City has one of the nation's most restrictive short-term rental regimes under Local Law 18 of 2022. Short-term rentals (under 30 days) are only legal when the host is a permanent resident of the unit and remains present during the guest stay. Hosts can have no more than two paying guests at a time and must maintain a common household with guests, meaning guests cannot have exclusive access to any part of the unit. Entire-unit rentals are prohibited in all residential buildings regardless of whether you own or rent the property. Registration with the Mayor's Office of Special Enforcement is mandatory with a $145 non-refundable application fee, and registrations last four years. The law specifically prohibits registration for rent-regulated units, NYCHA units, and buildings where owners have added their property to a Prohibited Buildings List. Booking platforms like Airbnb and VRBO must verify registration status before processing any transaction, which has effectively eliminated the majority of previously illegal listings. Only Class B multiple dwellings (hotels, rooming houses, etc.) are exempt from these restrictions.

Licensing and Permits

New York requires hosts to obtain an STR license or permit before listing their property on platforms like Airbnb or VRBO. An inspection is required as part of the permitting process.

Enforcement

New York has high enforcement of STR regulations. Operating without proper licensing or failing to comply with local regulations can result in citations, fines, and potential loss of your permit.

Compiled from 3 official government sources and continuously monitored for changes. Always verify current requirements with your local municipality before making investment or operational decisions.