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- On September 5, NYC began enforcing a 2022 law that bans whole-home rentals and caps guests at two.
- Airbnb listings in September fell to 4,600, a staggering 77% drop since June.
- It's causing ripples in the housing market, prompting some owners who relied on the income to sell.
Nearly two weeks into New York City's enforcement of a 2022 law banning whole-home, short-term rentals and short-term stays with more than two guests, a particular kind of New York homeowner is feeling the squeeze.
According to real-estate agents Insider spoke with, owners of townhouses and multi-family properties in Brooklyn are among the first to react to the new short-term-rental regulations.