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NYC landlords sue to stop extension of state's COVID eviction moratorium - Vimarsana News

NYC landlords sue to stop extension of state's COVID eviction moratorium

NYC landlords sue to stop extension of state’s COVID eviction moratorium Denis Slattery © Luiz C. Ribeiro FILE - People protesting evictions are pictured on Broadway near Chamber Street in Manhattan on April 1. ALBANY — A group of city landlords and property owners filed a federal lawsuit Thursday seeking to put the kibosh on New York’s recently renewed eviction moratorium. The suit, filed in Brooklyn federal court, comes days after Gov. Cuomo signed off on a measure extending a state ban on evictions through the end of August. Under the law, tenants can’t be kicked...

Source: msn.com
NYC Rent Guidelines Board Casts Preliminary Vote to Raise Rents - Vimarsana News

NYC Rent Guidelines Board Casts Preliminary Vote to Raise Rents

RGB chair David Reiss (iStock, Brooklyn Law) Landlords called for a 5 percent hike; tenants groups, a 5 percent roll back. The Rent Guidelines Board didn’t quite meet them in the middle. In a preliminary vote Wednesday night, the city board approved a proposal to increase rents on stabilized apartments and lofts by 0 to 2 percent on one-year leases and 1 to 3 percent on two-year leases. Last year, the board froze rents to alleviate the pandemic’s impact on renters. The proposal, introduced by Chair David Reiss also called for a rent freeze on rent-stabilized hotels, approved with a 7 to 2...

Board to hold preliminary vote on hikes for rent-controlled apartments in NYC - Vimarsana News

Board to hold preliminary vote on hikes for rent-controlled apartments in NYC

Board to hold preliminary vote on hikes for rent-controlled apartments in NYC

Source: msn.com
Why Billions in Rent Relief Could Be Elusive for Landlords - Vimarsana News

Why Billions in Rent Relief Could Be Elusive for Landlords

Sen. Brian Kavanagh and RSA President Joe Strasburg (Getty, Strasburg via Jeffersons Siegel) Sometime this month, New York landlords and tenants will gain access to $2.3 billion in federal aid allocated by the state. The catch: They’ll have to work together to get it. In a year that’s pushed the cat-dog dichotomy of the landlord-tenant relationship to extremes, cooperation could be elusive. The law allows either party to start an application for relief. But for money to be doled out, tenants must request funds that will go directly to the landlord and the landlord must, in turn, accept th...

NY lawmakers extend Covid eviction moratorium through August - Vimarsana News

NY lawmakers extend Covid eviction moratorium through August

NY lawmakers extend Covid eviction moratorium through August Updated May 04, 2021; By Denis Slattery | New York Daily News Albany, N.Y. — New York lawmakers approved legislation Monday extending the state’s COVID eviction moratorium through the end of August. The extension will cover residential and commercial tenants facing financial trouble due to the pandemic, and gives the state time to work out the details of a rent relief program baked into this year’s budget using $2.3 billion in federal emergency funding. The measure continues a temporary stop on evictions and some foreclosures...