Southold proposes capping short-term rentals at fewer than 120 homes
The town of Southold, on Long Island's North Fork, is weighing a cap on short-term rentals at fewer than 120 homes across its nine hamlets, an estimated 80% drop from the current market. The few available permits would be awarded by lottery. There are roughly 640 short-term rentals today, with an average rate of $902 a night, according to a town report last year. Complaints about parties, trash and parking, plus pressure on year-round housing, are driving the proposal.
In 40 seconds
- The proposal would cap short-term rentals at fewer than 120 homes across Southold's nine hamlets, 80% below current levels.
- The few available permits would be awarded through a random lottery.
- The market generates roughly $27.5 million in host revenue and there are about 640 short-term rental homes.
Read the full story at New York Post
IASummary generated by artificial intelligence from a story by New York Post. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.