Required Disclosures Of Short-Term Rental Transactions By Booking Services

Proposed Rules: Open to Comments

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Agency:
Comment By: 
Tuesday, December 18, 2018

Statement of Basis and Purpose of Proposed Rule

Local Law 146 for the year 2018, enacted on August 6, 2018, establishes a new provision of law: Chapter 26 (sections 26-2101 through 26-2105) of Title 26 (“Housing and Buildings”) of the Administrative Code of the City of New York.  Chapter 26 requires online, computer, or application-based platforms, or “booking services,” that charge, collect, or receive fees for the use of the platform in connection with short-term rentals to report information about those transactions to the Mayor’s Office of Special Enforcement. Such information includes: the physical address of the short-term rental; the location online of the advertisement that resulted in the short-rental; information relating to the identity of the host, including contact information; and information related to the scope of the short-term rental transaction.  The law specifies that it is to be administered by the Mayor’s Office of Special Enforcement unless specified otherwise by executive order.

The purpose of this proposed rule is to implement Local Law 146 for the year 2018.   Specifically, this proposed rule would specify the time, manner, and form of reporting by the booking services; establish penalty provisions; establish a process for publishing and maintaining a list of buildings exempt from the reporting requirements; and establish a retention and disposal period for information obtained pursuant to the law.

The authority of the Mayor’s Office of Special Enforcement for these rules is found in section 1043 of the New York City Charter and Local Law 146 for the year 2018 (section 26-2101 et. seq.) of the New York City Administrative Code.

Public Hearing
Subject: 

Required Disclosures Of Short-Term Rental Transactions By Booking Services

Public Hearing Date: 
Tuesday, December 18, 2018 - 10:30am
Contact: 

No contact

Location: 
Specter Hall
22 Reade Street
New York, NY 10007