Airbnb Challenges NYC and Newark Regulations in Lawsuits.

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Source: Fox Business
Airbnb Challenges NYC and Newark Regulations in Lawsuits.
Photo: Fox Business
TL;DR Summary

Airbnb has filed a lawsuit against the New York City Mayor’s Office of Special Enforcement opposing a short-term rental law. The company has asked the New York State Supreme Court to declare the short-term rental rules it is challenging "invalid and unenforceable" and to stop them from going into effect via an injunction until a final decision has been made on the company’s petition. The rules Airbnb is challenging come from Local Law 18, which the city adopted in early 2022. Enforcement of the regulations are slated to commence in July.

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