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Latest News: Changes to the 2019 Housing Stability Tenant Protection Act
Urgent Update Regarding the COVID-19 Pandemic – Read More
A new development in the Emergency Rental Assistance Program (ERAP) will be of keen interest to certain New York residential property owners and landlords. For months, most evictions have been on hold against residential tenants with pending ERAP applications, even...
After the long haul through the eviction moratorium and other pandemic-related restrictions, landlords and property owners are ready to get back on track with life as we knew it in the housing business. Unfortunately, this is not yet the case. Several moving parts...
We previously wrote about New York City Local Law 22-1005 that provides permanent financial relief to third-party personal guarantors of certain commercial leases during the public health emergency. In that post, we explained that the regulation prevents legal action...
New York City property owners in the residential rental market are likely facing increasing numbers of formerly stable renters who are breaking their leases and just walking away. The media is replete with stories about people who can no longer afford their apartments...
The impact of COVID-19 on property owners in New York City has been profound and, in some cases, financially devastating. The size and resources of the property owner have defined the scope of challenges caused by the delay in processing of summary eviction...
