How short-term rentals work in New York
The first step in New York is the city's permit or registration process, with a fee of about $145. The primary-residence requirement is the rule that shapes everything else here. The status card above has the full detail on the current rules.
Only owner-occupants can run a short-term rental in New York. Non-owner, investor-owned whole-home STRs are generally not permitted, which rules out the classic buy-and-Airbnb strategy here.
At the state level, New York leaves short-term rental rules to cities and counties.
What it means for investors
New York is a tough market for a non-owner-occupied short-term rental. If you own or want to buy here, a long-term rental or a house-hack (living in the property while renting part of it) is usually the more realistic play.