A new short-term rental registration law put forth by the administration of New York City Mayor Eric Adams could remove thousands of Airbnb listings from the market next month.
The San Francisco-based company, which connects customers to short-term housing accommodations across the globe, is no stranger to conflict with New York City, one of its largest markets in the United States. Previously, the company sparred with former Mayor Bill de Blasio over listing regulations for short-term rentals. In July, the Adams administration filed a lawsuit to shut down an illegal short-term rental operation in Manhattan.
