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Posh Long Island enclave threatens to limit Airbnbs thanks to insufferable influencers
A ritzy Long Island hot spot on the luxurious North Fork is threatening to cap the number of Airbnb and short-term rentals it allows to just 1% of homes thanks to insufferable influencers and tourists. A proposal in the Town of Southold would drastically limit the number of short-term rental homes to under 120 across the town’s nine hamlets — an estimated 80% drop from the current market. “We are struggling to regulate [the short-term rental market],” Southold Town Attorney Ben Johnson told Newsday. The ritzy Long Island enclave of Southold is threatening to cap the number of Airbnb and short-term rentals to just 1% of its homes thanks to insufferable influencers and tourists. contentzilla – stock.adobe.com Under the proposed law, the few permits available would be awarded through a random lottery, a move that could upend a local short-term rental market that brings in roughly $27.5 million in host revenue, while leaving most of the town’s roughly 640 current rental owners out in the cold. Student stabs classmate with 4-inch kitchen knife at Long Island school: cops But as the short-term-rental industry has kaboom’d across Long Island’s tony East End, so have complaints from residents about loud parties, overflowing