Bill > S01598

This bill amends the Multiple Dwelling Law to allow owners of cooperative or condominium units to temporarily rent out their dwelling unit for fewer than 30 consecutive days while they are away for personal reasons like vacation or medical treatment, with several specific conditions: the dwelling must be the owner's primary or secondary residence, the owner cannot own or control other similar properties being short-term rented, the total short-term rental period cannot exceed 90 days in a calendar year, and all applicable state and local taxes must be collected and remitted. The bill importantly does not override the by-laws of a cooperative or condominium or restrict a building owner's rights or the authority of the governing board. This change provides flexibility for property owners to generate additional income through short-term rentals while maintaining protections for the property and its residents, addressing the growing trend of platforms like Airbnb that enable temporary housing arrangements.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/S1598