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“#Schumer slams Cuomo admin for delays in federal rent relief” New York families are struggling to stay in their homes due to delays by Gov. Andrew Cuomo’s administration in doling out federal rent relief, Sen. Chuck Schumer charged Sunday. The Senate majority leader appeared alongside some of those families at a press conference to publicly…
“#New York’s dysfunctional gov’t even delays paying out federal rent relief” Last spring, New York failed to send needy tenants even half of the rental assistance available under the federal CARES Act. Now the state’s failing again, with not a dollar handed out a month into a new rental-assistance program. This, when states such as…
“#Blas screws landlords, NYC housing market with another rent freeze” Mayor Bill de Blasio flipped off landlords one last time Wednesday when he had the Rent Guidelines Board freeze rents at regulated apartments for another six months and cap increases at 1.5 percent for the following half-year. The RGB, which he controls, approved the arrangement…
“#Rent-stabilized apartments in NYC to see rent hikes” The city’s Rent Guidelines Board approved rent hikes for the Big Apple’s nearly 1 million rent-stabilized apartments – but agreed to a six-month freeze to allow time for the pandemic recovery. The board voted 5-4 in a virtual meeting Wednesday to freeze rents for the first half…
“#NYC about to deal another blow to already-squeezed landlords” As if a rolling eviction moratorium weren’t enough, Gotham’s rental-housing industry faces a new headache: The city’s Rent Guidelines Board is leaning toward another rent freeze on one-year leases for rent-stabilized apartments. The Mayor Bill de Blasio-packed RGB’s proposal is a sort of parting slap from…
“#Albany lawmakers extend NY eviction moratorium to August 31” ALBANY — The Democratic-led state Legislature passed a bill Monday that extended the state’s eviction moratorium until summer’s end in order to provide rental assistance to tenants negatively impacted by job loss or other hardships brought on by the COVID-19 pandemic. The measure will extend New…
“#States struggle to get rent relief to tenants amid pandemic” Gov. Andrew Cuomo announced last July that New York would spend $100 million in federal coronavirus relief to help cash-strapped tenants pay months of back rent and avert evictions. By the end of October, the state had doled out only about $40 million, reaching 15,000 of the nearly…
“#Blame NY politicians, not COVID, for city’s affordable-housing crisis” One year later, the economic toll of the lockdowns on landlords and tenants has been shattering. Gotham’s rental-housing industry may never be the same. But would Albany and City Hall have been better prepared for this crisis if they had enacted more balanced housing policies over…
“#Albany has to move fast to prevent a housing disaster” Pandemic lockdowns have left all too may New Yorkers unable to pay the rent — and deeply in debt to landlords who themselves are often in deep peril. Yet the state government is sitting on over $1 billion in emergency relief that the feds sent…
“#If landlords don’t get paid, NYC housing is headed for disaster” The ban on evictions undoubtedly helped many struggling New Yorkers these last nine months. But the state’s failure to account for landlords’ needs risks disaster. After a new survey, the Community Housing Improvement Program, a group of owners and operators overseeing more than 400,000…