A coalition of housing advocates and renters launched on Monday “Tenants Not Tourists,” a campaign to challenge New York City Council’s recent introduction of
“ Tenants Not Tourists” launch their coalition and fight against the newly introduced Into 1107 bill which would change laws around short term rentals in New York City. a bill that critics say threatens to exacerbate the city’s housing crisis.he coalition of representatives from various housing organizations voiced strong opposition to the measure, urging the City Council to reject it and protect the city’s scarce housing supply.
OSE revealed data indicating that at least 55% of Airbnb’s revenue in New York City stems from illegal short-term rentals, a problem exacerbated by the lack of effective enforcement prior to the law’s introduction. According to the coalition, there has been a reported decline in listings on short-term rental platforms like Airbnb since Local Law 18 was implemented.Local homeowners who supported Intro 1107, however, had a lot to say during the rally outside of City Hall — arguing that the bill represents economic opportunity for more New Yorkers rather than hurting renters.
Raleigh, who previously rented part of her home out for short-term rentals, said the rentals were like a stream of income for her family.
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