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New York Rent Relief Application Snags Frustrate Landlords and Tenants - Vimarsana News

New York Rent Relief Application Snags Frustrate Landlords and Tenants

New York Rent Relief Application Snags Frustrate Landlords and Tenants Share this story Hiram Alejandro Durán/THE CITY With the 18 buildings Valentina Gojcaj owns or manages in The Bronx saddled with $787,000 in arrears from tenants who haven’t paid rent during the pandemic, she made a list of 53 residents owing more than $5,000. She then submitted the landlord portion of the paperwork necessary for those people to have their rent paid by the state’s federally-funded $2.4 billion relief program. But only four tenants, Gojcaj said, have so far done their part to apply for the program. “...

Coronavirus Litigation: The Week In Review - Vimarsana News

Coronavirus Litigation: The Week In Review

Delta Air Lines wants out of a suit brought by passengers seeking refunds for coronavirus-related flight cancellations, Harvard University dodged claims it owes tuition reimbursements for shifting to online instruction in the pandemic, and Florida won a bid to temporarily block the federal government from enforcing its ban on cruises due to COVID-19.

Source: law360.com
Landlords throw cold water on water rate hike | Real Estate Weekly - Vimarsana News

Landlords throw cold water on water rate hike | Real Estate Weekly

Share The owners of New York’s one million rent stabilized apartments have accused the city’s Water Board of turning the screw on their already precarious financial situation. The board voted this morning to hike water bills across the city by 2.76 percent pushing the average single-family homeowner water and sewer bills rise up from about $967 to $994 a year. For multi-family units, bills will jump by $20 per apartment — from $718 to $738 a year per unit. That’s a monthly increase of about $1.65 per month based on an average consumption of 52,000 of water per unit each year. JOE...

Landlords ask Water Board to freeze rates ahead of vote - Vimarsana News

Landlords ask Water Board to freeze rates ahead of vote

As New York City’s Water Board moves to approve a 2.67% rate increase, landlords are calling on the board to consider a freeze.

New York State's Application Process To Begin For Rent Owed During COVID - Vimarsana News

New York State's Application Process To Begin For Rent Owed During COVID

New York State’s Application Process To Begin For Rent Owed During COVID arrow New Yorkers who fell back on their rent due to the COVID-19 pandemic can start applying for emergency rental assistance program Tuesday.  Officials say they’ve allocated $2.7 billion for the program statewide. Households with income at or below 80% of the area median income (AMI)—$95,450 for a family of four in the city—can get up to 12 months of rental and utility arrears payments.  There’s a formula for distributing the payments. Lower-income households earning 50% of AMI that have at least ...