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Village Council is looking to place stricter regulations on local Airbnbs. At its regular meeting Monday, April 5, Council considered legislation that imposes new fees, requirements and potential penalties for those renting out their rooms, apartments or homes for short-term stays. Although Planning Commission is separately considering steps to slow the proliferation of some types of transient guest lodging establishments, or TGLs, Council took the steps as part of its taxing authority. Council’s goal is specifically to deter new TGLs that are run by those who do not live on the property, Council members stated. The move comes after Council members raised concerns that TGLs may negatively impact neighborhood cohesion, reduce the availability of long-term rentals, attract outside investors with no local ties and drive up real estate prices.

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