May 13, 2016
Mayor Rahm Emanuel today moved to toughen his proposed regulations on short-term rental companies such as Airbnb, including a limit on how many could operate in any single area. But he eliminated a 90-night-a-year limit on offering any individual unit for short-term rental. It wasn’t immediately clear whether the rules will be strong enough to convert aldermen and community groups on the North Side and downtown, who have been bitterly complaining that some areas are being overrun with “ghost” hotels. And there was no indication Emanuel is willing to defer a City Council vote, which now is set for next week….
Source: http://www.chicagobusiness.com/article/20160513/BLOGS02/160519894/emanuel-moves-to-toughen-and-weaken-airbnb-rules
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