Tenants owe more than $256,000

Tenants withholding rent until the landlord forgives the debt

Landlord would be subject to criminal charges, which in theory could mean a five-year prison sentence.

As nonpayment cases pile up, owners pursue money judgments in civil court

Paid out to more than 40,000 households.

As of September 22, the state has allocated $1.6 billion in federal funds

Delays, glitches, and now payments off by thousands of dollars

Only $300 million of the state’s $2.7 billion fund has reached landlords

Moratorium extened to January 15, 2022

State legislature passed an extension on the state’s eviction moratorium

Lawyers say the proposed workaround won’t cut it

Draft legislation does not make tenants produce evidence of hardship

Justices rule Biden’s eviction ban unconstitutional

Justices rule Biden’s eviction ban unconstitutional

Judgment day is coming for New York tenants: Landlords, owed more than $3 billion in back rent, may once again be able to file evictions.

Without rent relief, property owners weigh whether to wait or sell

Newly sworn-in governor plans to hire additional staff to process applications and identify holdups

“I am not at all satisfied with the pace that this COVID relief is getting out the door,”

At least 40 tenants have been evicted this year despite the state moratorium

Hundreds of new eviction cases were filed last week after a court ruling weakened the state moratorium

Of the state’s $2.6 billion in federal rent-bailout money, less than $100 million has been doled ou

Billions of dollars have yet to be distributed by the state to help renters and landlords

$2 billion rental assistance program aimed at helping tenants pay their landlords has given funds to fewer than 5 percent of applicants since its start in June.

Landlords could technically start filing suits immediately to evict tenants

The law does not relieve tenants of their obligation to pay rent or block lawsuits for unpaid rents.

A provision that instructed housing judges not to evict tenants who have been found to have suffered financial hardship.

Three weeks before protection ends, only 4% of aid has reached New Yorkers

Tenant applications for over $460 million in aid had been approved but were awaiting landlord participation

Tenants with rental arrears pay what they can when they have it

Without rent relief, property owners weigh whether to wait or sell

$3 billion of the $46.6 billion Congress allotted in rent relief has reached those who need it

Local logjams have meant just $3B of $47B has been sent to tenants, landlords

You keep thinking it can’t get more expensive, that cap rates can’t go lower and prices can’t go higher

Collections, vacancy and rent are at, or above, pre-pandemic levels and investors are all in

The state has a $2.7 billion pot of funds to be distributed, but only a tiny sum has made its way to landlords since applications finally opened June 1

State has distributed just $117K in rent relief from $2.7B pot, with 160K applications filed

But it’s been a long time coming, and many landlords aren’t happy

When it expires, renters will have to start paying again, or risk eviction and court

Her tenants curse and spit at her and owe more than $23,000 in rent

Eviction moratorium keeps them from being kicked out

In a 5-to-4 ruling late Tuesday, the Supreme Court rejected an emergency request to vacate the ban

Split-court ruling means landlords must endure for at least another month

Landlords are making a last-ditch argument that helping tenants in need is the job of the government

The overall jump in expenses: 15%.

The state legislature approved the $2.7Bprogram in the budget that passed in early AprilThe state legislature approved the $2.7B program in the budget that passed in early April

Program will allocate $2.7B to tenants, landlords hit hard by pandemic

Benefits include up to 12 months of rental arrears

New York’s rent relief site goes live — without applications New site has information on rental relief program

New York renters will have another lifeline when the statewide eviction moratorium sunsets.

Mayor signs bill giving representation to all low-income renters facing eviction

It is unclear how the state will need to revise its program based on the new guidelines

State must offer funds directly to tenants if landlords choose not to participate in the program

Landlords who accept it can’t evict a paying tenant for a year

New York landlords and tenants will gain access to $2.3 billion in federal aid allocated by the state.

Certain residential and commercial tenants can now avoid eviction until at least Aug. 31.

Frustrated landlords demand Albany get rent aid out the door

Albany legislators are expected to vote Monday to extend the state’s eviction moratorium until August 31s

Landlords argue state lacks rational for extension

The extender bill is expected to go to a full vote in the Senate and Assembly later this week.

On March 31, the CDC sent out a message: it was extending its moratorium on residential evictions until June 30, 2021

Small landlords in the NYC area to find out what this means for them.

Landlord, tenant groups voice concerns about certain provisions.

Newly bill, would bar evictions and rent increases for one year in cases where landlords accept aid.

New York has $2.3 billion from the federal government

Albany finally have the big bucks to pass a substantial relief program as part of the state budget

The federal ban on evictions has been extended yet again, bringing relief to tens of millions of renters struggling to catch up.

Most residential tenants fill out a hardship declaration.

There are no easy options when it comes to collecting back rent these days, so landlords would be wise to […]

New York has paid out just $7 million out of $60 million available for struggling tenants

Barely 1% of tenants owing rent have received aid in second round

Cuomo first announced a State moratorium on residential and commercial evictions on March 20 last year for a period of 90 days.

The state legislature is set to extend the eviction moratorium on small businesses and landlords with fewer than 10 apartment […]

Five small landlords sue AG Leitia James over hardship declaration requirement

Blanket moratorium on evictions is unconstitutional.

Hardship fund for small landlords and homeowners

Thousands of small landlords who have had their finances fractured by a year of eviction moratoria

This bill does not purport to cancel rent, this bill pays the rent.

Newly amended legislation would distribute $1.3B in federal funds.

Large rent arrears mean owners are in default in majority Black neighborhoods.

Repeat of the foreclosure crisis with a disproportionate impact on Black and Hispanic landlords.

Though some banks have backed away from lending to multifamily, some investors are finding a niche by giving struggling apartment owners high-interest financing.

The share of the riskiest apartment debt held by banks rose to 17%

Commercial tenants would not be required to disclose the amount of relief they have already received

Ban evictions of businesses with fewer than 50 employees until May 1

President Joe Biden is extending federal limits on evictions through at least the end of March.

Biden is expected to move quickly to extend protections for renters, Bloomberg reported, and may sign an executive order within […]

Provides no relief to landlords and mortgagees, no way to force the property to be income producing

If a tenant files a Hardship Declaration with an Owner, the Owner cannot bring an eviction proceeding before May 1, […]

Some commercial landlords have agreed to payment plans or lease payments based on a percentage of tenants’ income

The ban on commercial evictions may continue through the spring, if Gov. Andrew Cuomo has his way.

Housing advocates said that any evictions taking place right now signals that we should expect more, even with COVID cases rising.

Marshals recently carried out the first legal residential eviction in New York City since the start of the pandemi

Banks are requiring higher down payments in order to get to a deal, in some cases up to 30 percent or more as they continue to tighten their lending practices.

With tighter restrictions it’s more important than ever to shop around for a mortgage.

It’s “still full of loopholes,” as one lawyer put it

“It doesn’t stop evictions. It doesn’t stop cases from moving forward. It doesn’t stop landlords from filing cases…

Gov. Andrew Cuomo signed an executive order extending the Tenant Safe Harbor Act until Jan. 1, 2021.

The law prohibited courts from issuing eviction warrants for unpaid rent that was due from the beginning of the crisis […]

Project Parachute says philanthropies have added $3M to help New Yorkers facing eviction

Donors have added $3 million to a landlord-backed initiative begun in May to help some of the neediest New Yorkers […]

In the order, the CDC says COVID-19 “presents a historic threat to public health”

New York’s rental housing providers have rounded on the Trump Administration after it introduced a new moratorium on…