A view of the Manhattan skyline and the East River.

Opinion: City’s New Rules on Short Term Rentals Will Hurt Small Homeowners

“Undermining the ability of individual homeowners to rent property based on their needs is an imbalanced infringement upon owners’ rights, discourages home ownership, and represents a slippery slope towards government overreach. Prohibiting short term rentals would severely impact homeowners’ ability to meet financial obligations and continue to live in the city.”