A market transformed by Local Law 18
Since Sept 2023, all stays under 30 days require registration, host presence and max 2 guests. Airbnb supply dropped 80%+.
What's still possible
30+ night rentals (booming mid-term market), hosted rooms, some 1-2 family homes.
The mid-term opportunity
Manhattan/Brooklyn apartments rent for $4,000-8,000/month. Guests gladly book direct for high-value stays — a professional CapDirect mini site converts without commission on multi-thousand-dollar bookings.