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Updated almost 2 years ago on . Most recent reply

New York City Short Term Rental/ Medium Term Rental
We are considering purchasing a small multi-family property near Rockaway Beach. We have to travel to NY often so instead of paying to stay in a hotel, we want to purchase a place.
Ideally, this would be a short-term rental, however, I know that NYC just cracked down on STRs. Not sure if it is still a possibility to rent places out short term, or if there is a medium-term rental market at all.
If anyone has information or knows of someone who can possibly help, I would love to know. Thanks!
Most Popular Reply

MTR rental (over 30 days) is allowed across the board. Below 30 days is where there is a restriction.
Yes - you must live / be on-site for the STR property.