housing market

Over the last few years, the Hudson Valley and Catskills have become increasingly popular short-term rental (STR) markets, and part of the national debate about their merits and shortcomings. While many residents that operate STRs experience financial success and help bring visitors to their area, many others think that STR sites like Airbnb and VRBO are transforming the community for the worse. However, the real impact STRs are having on our region is much less black-and-white, says John C. Cappello, Esq., a partner at the Walden-based law firm Jacobowitz & Gubits.