A New York City bill proposing stricter short-term rental regulations drew pushback from Airbnb, which argued the measure could hamper the city’s recovery from the pandemic and said officials should instead focus on requiring booking platforms to collect taxes.

Voting in the New York City mayor’s race is less than two weeks away, and a few candidates are starting to pull in front. Real estate players are breathing a cautious sigh of relief that the Democratic candidates considered moderates — Brooklyn Borough President Eric Adams, Kathryn Garcia and Andrew Yang — are seemingly gaining traction.

Be prepared for a surge in luxury travel. As the holiday weekend proved, people are eager to get back out there and they’re willing to spend more to feel safe and well cared for.

Tax break for NYC hoteliers: Much-needed relief for New York City’s hotel industry materialized on Wednesday when Mayor Bill de Blasio signed an Executive Order eliminating the 5.875% hotel room occupancy tax rate for three months, starting June 1 through the end of August.

As the city is awakening from the long pandemic, some of the most iconic places are now open for business.

With COVID-19 infection rates significantly diminished and most of its state’s pandemic-related restrictions now lifted, New York City is eager to jumpstart its economy and rekindle tourism. To that effect, mayor Bill de Blasio has just announced an executive order that will suspend the city’s 5.875-percent hotel room occupancy tax for a three-month period, beginning June 1.

As part of New York’s efforts to jump-start tourism, New York mayor Bill de Blasio has announced that the city’s 5.875% hotel room occupancy tax rate will be temporarily eliminated for a three-month period, starting June 1.

As the city reawakens from the long pandemic, some of the most iconic spots are now open for business.