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AIRBNB LIMITS SOME NEW RESERVATIONS IN NEW YORK CITY AS SHORT-TERM RENTAL REGULATIONS GO INTO EFFECT

Home-sharing giant Airbnb said it has had to stop accepting some reservations in New York City as new regulations on short-term rentals went into effect Tuesday that will mean big changes for travelers hoping to avoid the high cost of a Big Apple hotel.

The new rules are intended to effectively end a free-for-all in which city landlords and residents have been renting out their apartments by the

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