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If the Zoning Bylaw also passes, the legality of STRs on Nantucket (which is already recognized and accepted by the Town) will be further confirmed, and lawsuits against STR owners will be ended.
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If the General Bylaw passes, a beneficial balance will be established between allowing existing STRs to continue and moderating future growth.
Some key points: All existing STRs will be grandfathered. Corporate ownership of new STRs will be banned. For new STRs there will be a limit of one per person and a maximum of four changes of occupancy will be allowed in high season (July and August).