In what may be an early glimmer of a truce or—more likely—a recognition of the economic reality that tourism usually peaks in the summer, New York City is delaying the enforcement its new registration rules for short-term rentals until September 5, the day after Labor Day.

The sudden olive branch from the city comes a week after Airbnb and three of its NYC hosts filed a lawsuit seeking an injunction to block the new rules from going into effect on July 1, calling the requirements a "de facto" ban of short-term rentals.

Last year, NYC adopted a new registration process for short-term rentals that requires Airbnb hosts to register with a database overseen by the Mayor's Office of Special Enforcement (OSE), submit diagrams of their homes and a list of who resides there, and prove they are abiding by local zoning and safety requirements.