If someone want to study in New York and that person can't afford a Hotel rates, where they should stay?
It is not right.
The property owner pay to buy the property, pay big amount of taxes , assessment, that laws make the rich became more rich? this is very sad.
I couldn't agree even more. This Bill was structured to benefit the large hotel chains and developers that send dozen of individual to lobby on their behalf. This Bill is flawed and misconstrued and should be challenged. Its always the small fry that gets burned, The rich gets richer and the poor gets poorer. We pay the highest real estate taxes and water tax bill. How can one manage with the increasing cost of energy and repair of up keeping your property.Another reason why the small mom and pop owner are selling and moving down south. Senator Marty Golden of Brooklyn 22nd district is introducing new legislation to amend this Bill.
I thought this guy was alright I mean hes practically blind. The sad part is even blind politicians can not help themselves to fat stacks of hotel groups. If you think this is the neighbors complaining you are confused about how things work in this piece of shit government
Skip New York. There are other incredible cities in this and other countries that you can live like locals and in great rentals. Some people like hotel stays I don't...those of us who don't can go where they we welcome.
Governor Patterson is more blind than we thought, favoring big Hotel corporations rather than middle class and small business owners. People who rent for vacation aren't running brothels, for plenty of people this is the only way they can afford to take a vacation with their families. What's next? a squad of supervisors sniffing around the home you not only own but for which you pay and pay insane property taxes? What is this city turning into? Plenty of owners have no option but renting short term so they can meet the financial requirements of the city, well, there's another option, go bankrupt so those big Hotels or giant Real Estate firms can buy your property for a ridiculous amount of money, is pretty obvious that this is what they are after. Mr Bloomberg had displayed an incredible lack of creativity on his ways to raise funds for the city, his measurements and cuts only hurt the working class and a legislation like this one is just another chapter of the same book.
The people who travels and rents for vacation aren't going to come if they have to pay for an overprice Hotel who offers nothing, these people spends money in this city, fills museums, restaurants and shops.
This city is not only in an economical crisis.
I suppose that you will not miss this one tourist.
As the president of ParadiseHunter.com, (a vacation rental website) I find this Bill to be highly disappointing and ill-conceived.
Bills of this type harm not only property owners and rental managers, but also the entire population through the decrease in tourism dollars. In fact, it's hard to see anyone benefiting from this legislation except the hotel industry...
Through all of the jurisdictions that have contemplated or passed this type of Bill, I have yet to see reliable data in terms of increased noise or 'disturbance' complaints from vacation rental properties as compared to long-term rentals.
All of the issues faced by government can be solved through other means, such as stronger fines or penalties for 'disturbances' or owners failing to declare rental revenue.
New York is an incredible experience, but will now be too pricey for some people (particularly families) to visit.
It's a shame... and everyone loses because of it.
Please, Governor, VETO 56873. I live in California and travel to New York for 1 - 4 weeks at least once a year. A B&B perfectly fits the needs of an extended stay, providing comfort and an atmosphere that cannot be obtained in an hotel. If it weren't for the B&B's, I would avoid New York.
To think that this bill has no fiscal impact is ludicrous. Not only do most B&B owners pay hotel taxes to the city, the families, tourists, students and business people who stay in B&Bs support the economy through shopping, cultural events and restaurants. Much of this would be lost if those who HAVE to travel to NY are forced to stay in outrageously priced hotels. Small business would suffer, people who need the income from B&B rentals would suffer and ultimately the City will suffer.
Again, PLEASE VETO 56873
I have read this bill, and the comments of it's sponsors. While they make some credible points, the bill is for the most part completely outrageous. It is hardly specific and omits relevant information. For example, the sponsors of this bill say nothing about free market buildings of 5 units or more where the owners have opted out of rent stabilization, agreed to pay exorbitant real estate taxes, and need to rent their apartments furnished to get by. These buildings generally do not have any long term tenants, and meet the fire codes. They are all law abiding tax paying companies, that provide an excellent source of direct and indirect tax revenues. It would be a shame to put them out of business so the hotels can make an extra buck. This bill is poorly written, and for the life of me I cannot figure out how these types of questions weren't asked. I urge the governor to veto this bill.
Working in both healthcare and academia I see the dramatic need for short-term housing here in NYC. For example, families with health care needs can't all stay at the Ronald McDonald House while their child undergoes treatment at one of NY's fine hospitals. My students often need short-term housing that is safe, legal, and reasonably priced.
Some legitimate real estate concerns ( I have used NYHabitat ) have provided my family and friends with such legal and safe lodging for years. In contrast, my parents' last NY visit in 2004 cost nearly $ 800 for 2 nights at the Parker Meridien. Last year, a friend stayed two nights at a Manhattan Holiday Inn Express---$ 475. Bill 6873 the project of the hotel industry on the heels of several lousy years of occupancy numbers. In addition, some dishonest individuals have forced the creation of this Bill will illegal and scam rentals. The ultimate affect if S6873 is signed will be a decrease in tourism and its related discretionary spending, fewer student housing options, and lo and behold--corporate victory.
PLEASE GOVERNOR-- VETO S6873
I come to NYC several times a year for 7-10 days each time. These short term vacation rentals exactly fit my needs. A hotel room would not only be more expensive but much too limited in space for the llength of my trip.
needless to say I spend many tourist dollars each trip on restaurants, attractions and shopping.
Tina lekas miller
I've seen the affect of these types of laws in other places and it isn't pretty. In Maui County and Las Vegas (two areas with similar laws) a black market has sprung up for rentals, leaving consumers exposed to all sorts of con men. I also think, from a property rights standpoint that the government has no right to be legislating short term rentals in this fashion.
Please Governor Patterson, do the right thing and veto this law.
It's very obvious that the hotel chains are lobbying for a bill of this nature, since they haven't lowered their rates enough to make it affordable for more than one or two nights. More city revenues for longer stays at lower prices in bed and breakfasts is the plan for tourists. Let the hotels cater to the traveling business men who normally use hotels for one or two nighters. Just another attempt to hurt the small business owners and pad the pockets of large corporations.
We rent our East Village apartment when we go on vacation to not only off-set our expenses on our holiday, but rent to families who would not otherwise be able to afford a hotel. Right now we legally go through an agency and they help vet (mostly European & American) families to rent for 1-2 weeks. Our neighbors are aware we do this (about 3x a year) and no one has ever complained in the 5 years we've owned our apartment. This would absolutely put the agency we work with out of business.
B & B's have been an economic boom for Manhattan. People from all over the world who don't want to stay in a hotel and who want to enjoy the comforts and affordability of private apartments has brought billions of dollars in business to the city. B & Bs have been in exisence since 1985 and have offered those who cannot afford a hotel an alternative. This law will be shooting the city in it's economic foot and it will be hurting those tax payers and voters who are trying to survive in a difficult ecomonic environemnt. Populations around the world book short term apartment rentals in the city and 99.9 per cent of these guests are of the highest quality. In euorpe they are encouraging this as away for people to get through hard times. It will be a big mistake to pass this law and deprive the city of billions of dollars of tourist income that will have a huge ripple affect with associated businesses at a time when the City needs all the business they can get and not be seduced by special interests
I oppose the Law Bill that would allow short term rentals under 30 days to be legal.