In New York, it's goodbye to Airbnb and hello to a black market for Reynolds.

From American public media, this is Marketplace Tech.

I'm Lily Dramale. As recently as August, AirB&B was doing

brisk business in New York.

As recently as August, AirB&B was doing brisk business in New York City with more

than 22,000 listings there.

Two months and a citywide crackdown later, that number has fallen to just above 3,000, a decrease of

more than 80%. Local Law 18 took effect last month and requires hosts

of short-term rentals on Airbnb and similar sites to register with the city

and live in the property they're renting out. It also limits the number of guests per booking to two people.

Supporters say it'll improve safety for guests

and ease pressure on the city's hot housing market.

AirB&B calls it a de facto ban.

Amanda Hoover, a staff writer at Wired, who's been following the fallout, says local law 18 has

prompted people to use other routes to find a place.

What I've seen is that people are moving to places like Craigslist and Facebook Marketplace or different

Facebook page groups and either asking for short-term rentals or listing them.

You know, you see some people saying,

is there anywhere I can stay for this week in November?

And maybe somebody comments and says,

yes, I have a place.

You see listings on Craigslist with it. If you know Airbnb you have people literally

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