In response to the NYC City Council's new proposed legislation to restrict homesharing, Tech:NYC has issued the following statement:

“While cities around the world are finding reasonable paths forward for homesharing, New York City is doing the opposite. Rather than working toward finding common ground and creating space for an innovative business model that many New Yorkers want access to—and not to mention one that would deliver real tax revenue—this proposed bill to restrict homesharing across the five boroughs would send a message that New York City is not open to new businesses and ideas. Elected officials should move New York into the 21st century by passing smart legislation to preserve affordable housing while also allowing for new businesses to thrive here."

- Julie Samuels, Executive Director, Tech:NYC

Photo credit: Brooklyn Brownstones from Shutterstock/Brian Goodman