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February 27, 2020

So goes the neighborhood? Resort wrestles with rental rise

  • In Lake Placid, N.Y., and other resort towns around the U.S. the growth of home rentals in residential neighborhoods is raising alarms.
    Associated Press

    AP Photo/Michael Hill [enlarge]
    Pedestrians walk down Main Street in Lake Placid, N.Y. The surge in the number of short-term rentals in this Adirondack Mountain resort is alarming local residents who fear it is changing the character of the village.

    LAKE PLACID, N.Y. — Lake Placid is a picture-book village in the Adirondack Mountains offering tourists crisp air, pretty peaks, Winter Olympic sites and, lately, a lot more houses to rent for the weekend.

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