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1209 Dekalb Avenue in Brooklyn. (iStock, Kutnicki Bernstein Architects) Tenants in a Bushwick building scored a victory against their landlord in court this week, which could be a harbinger of headaches to come for the real estate industry. A New York State Supreme Court judge ruled that the tenants’ suit, which accuses landlord Spruce Capital Partners of rent overcharges at 1209 Dekalb Avenue, would continue. The landlord and three influential trade groups had petitioned the court to dismiss the case. It’s one of seven separate cases where tenants are seeking class action status against ...

arrow The Assembly Chamber during a recent Legislative Session at the New York state Capitol. Hans Pennink/AP/Shutterstock New York’s state constitution requires that the legislature and the governor pass a budget by April 1st. That has not happened, as lawmakers and the governor continue to negotiate issues in the $217 billion budget that will affect millions of New Yorkers. Thousands of pages of the 10billsthatcomprise the state budget have already been published for legislators and the public to hastily review. This language has been hashed out in meetings of the leaders of...

Five small landlords, represented by Randy Mastro, have sued New York attorney general Letitia James (Getty) Five small landlords have sued New York attorney general Letitia James, arguing that the new blanket moratorium on evictions is unconstitutional. Attorneys for the plaintiffs allege that the hardship declaration form, which landlords are now required to send their tenants, is “unconstitutional compelled speech,” because it forces landlords to voice support for a policy that is “squarely adverse” to their interests. The lawsuit, filed Wednesday in federal court in New York’s E...

NYC Evictions Dropped By More Than 80% In 2020 arrow Tenant activists protesting outside of Brooklyn housing court August 6th, 2020. JUSTIN LANE/EPA-EFE/Shutterstock A total of 3,059 tenants were evicted from New York City apartments in all of 2020, according to new data provided by the city’s Department of Investigation. That’s a decrease of more than 80 percent, or about 18 percent of the nearly 17,000 evictions completed in 2019. The data was compiled by DOI from reports submitted by city marshals, who are charged with enforcing court orders, including evictions...

  Lawmakers want Assembly Speaker Carl Heastie to fight for automatic rent debt forgiveness and more money for rent relief in the state’s 2021 budget. In a Feb. 11 letter, more than 30 Assembly members called on Heastie to push for the inclusion of $2.25 billion in rent relief in the 2021 state budget — a figure that includes already committed federal dollars and would require more funding from the state. At the moment, the state is working out how to dispense $1.3 billion in federal rent relief. A recently amended bill lays out the framework, which would require tenants to apply for rel...