Airbnb rentals in some New Jersey cities have seen an increase in bookings since a New York City law took effect that essentially banned AirBnb rentals of less than 30 days.
The law, which took effect Sept. 5, 2023, bans rentals of less than 30 days unless the owner is present. It was meant to help solve a housing shortage in the city that was driving up rents and homelessness rates.
But an unintended byproduct of the law has been a boon for Airbnb owners in New Jersey, particularly those in Jersey City, Hoboken and Weehawken.