Airbnb’s NYC Comeback Dashed After Bill Easing Restrictions Dies

An Airbnb Inc.-backed bill that would have eased some short-term rental restrictions in New York City failed to make local legislators’ final voting agenda of the year, dealing another setback to the company’s efforts to regain traction in one of the busiest tourism markets in the US.

City council members were expected to vote Thursday on the short-term rental bill at their last meeting of the year before the legislative clock resets and Mayor-elect Zohran Mamdani is sworn into office in January. But the bill, which was opposed by the hotel industry union, failed to proceed at the eleventh ...