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Landlords Uneasy Over New York s Eviction, Foreclosure Bill

  UPDATED, Dec. 28, 2020, 7:55 p.m.: Landlords are feeling uneasy as new legislation to stop evictions for two months is about to become law. The state Senate and Assembly voted today to pass the Emergency Eviction and Foreclosure Prevention Act of 2020, which will limit evictions and foreclosures on some properties until May 1, and put all such matters on ice for two months. Tenants and property owners with fewer than 10 units can access protection from eviction or foreclosure, respectively, by filling out a hardship declaration form. “There has not been nearly enough done to prevent a full-blown housing crisis from erupting as a result of the covid-19 pandemic,” said Queens Sen. Michael Gianaris, the deputy majority leader of the state Senate. “This moratorium is a good step to ensure New Yorkers don’t get thrown out of their homes at a time when we’re asking people to stay in their homes. We must do even more to provide real relief in the months ahead.”

NY lawmakers poised to enact law to help renters, homeowners

NY lawmakers poised to enact law to help renters, homeowners and small-scale landlords Updated Dec 27, 2020; Posted Dec 27, 2020 Members of the New York State Assembly meet for a legislative session in the Assembly chamber at the state Capitol Monday, June 8, 2020, in Albany, N.Y.Hans Pennink | AP Photo Facebook Share Syracuse, N.Y. State legislative leaders plan to vote Monday on legislation that would extend eviction moratoriums for renters and pause foreclosure proceedings for property owners facing financial strains caused by the coronavirus. The proposal builds on changes already in place meant to help renters avoid losing their homes as economic hardships continue throughout the state.

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