Short-Term Rentals Are Not A Budget Solution
While the last few weeks have seen multiple news reports about potential new regulations for short-term rentals (STRs) coming to Hoboken, we have yet to see much public action from the City Council or Mayor Jabbour. There have been zero public meetings and no STR-related agenda items at Council meetings. This week’s meeting (April 22) has one, but it merely authorizes the city to solicit quotes for STR registration and permitting services, seemingly in preparation for an ordinance to be proposed at a future meeting. While few details about this future ordinance have been shared with the public, the basic contours of it appear to be: a ban on the use of rent-controlled apartment units for STRs, and a registration and permitting system required for their use in ‘market rate’ apartments and single-family homes (including condos).
Hoboken United Tenants welcomes the (long overdue) ban on STRs in rent-controlled units. However, we do not feel the regulations described above go far enough, and instead call for a full ban on full-home short-term rentals, allowing them only in cases where the owner is home and rents a spare bedroom to a short-term guest.
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