NYC Short-Term Sublet Ban FAQ
Many of you have written to Roomorama expressing your concern over the implementation of a new law that recently passed banning short-term rentals in New York. Below, some answers.
Q: When does this silly law take effect?
A: The law takes effect May 1, 2011.
Q: How does this affect me?
A: If you’re not renting or visiting a property in New York City, then fortunately it doesn’t. If you are, then here’s the deal: The new law bans apartment rentals for less than 30 days, no ifs ands or buts. As if life for the New Yorker wasn’t difficult already.
Q: What if I have travel plans for New York after May 1, 2011?
A: You will have to stay in a hotel or a hostel, with friends or, worst of all, your family.
Q: What if I am renting the apartment for 30+ days?
A: You’re in luck! That’s perfectly legal and not a problem at all.
Q: How will this affect the Roomorama site?
A: Roomorama will still list apartments for nightly rental up to May 2011. After then, apartments will still be listed, but reservations will need to be made on a monthly basis.
Q: Will I still be able to list my property on Roomorama?
A: Absolutely! Your availability will just need to be in 30(+) day intervals.
Q: This is a really stupid law, but technically speaking, how is it wrong?
A: It infringes on the rights of homeowners. The Bill, backed in large part by the hotel industry, unfairly penalizes small business owners and homeowners alike. We believe that measured regulation of the short-term rental market may be appropriate, but the Bill has been pushed for passage without adequate debate or consideration of the adverse effects it would have on property owners, the tourist market, small businesses and individuals who survive by leasing or subleasing their property on a short term basis. As one renter pointed out, it’s like saying ‘One taxi driver has charged me over my metered fare and screwed me -let’s make all taxis in New York City illegal’. While it is important to protect homeowners and renters, the broad scope of this bill does not thoroughly consider the vast portion of safe, reliable outlets.
Q: Yes, my rights as a homeowner! That sounds very important -tell me more.
A: Check out this nifty web site.
Q: So, how can I make it better?
A: Roomorama has united with other short-term rental providers to form the Short Term Rental and Hospitality Association (STRAHA). We urge you to join STRAHA on September 28th at 7:00 PM at Mendy’s Restaurant,
STRAHA site for up-to-the-minute information on the current bill.