{"id":318938,"date":"2021-08-09T04:10:16","date_gmt":"2021-08-09T01:10:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/youve-left-landlords-in-deep-peril\/"},"modified":"2021-08-09T04:10:16","modified_gmt":"2021-08-09T01:10:16","slug":"youve-left-landlords-in-deep-peril","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/youve-left-landlords-in-deep-peril\/","title":{"rendered":"#You’ve left landlords in deep peril"},"content":{"rendered":"

“#You’ve left landlords in deep peril<\/strong>”<\/p>\n

\n

When a rep for 25,000 building owners in the city testifies before lawmakers Tuesday on why the state has handed out so little of its $2.6 billion in federal rent-bailout money, he plans to point the finger right back at them. <\/em>He\u2019s got every right to do so.<\/p>\n

\u201cLawmakers should look in the mirror because their politics and legislation\u00a0caused New York state to be the last in the country to establish a [rent-relief] program \u2014 nearly six months after\u00a0federal funds became available,\u201d fumes Rent Stabilization Association President Joseph Strasburg. \u201cLandlords and their tenants are frustrated beyond comprehension.\u201d He says not even 1 percent of the available funds has gone out.<\/p>\n

One landlord submitted 700 app<\/a>lications, yet only eight were processed; another sent in requests for 200 separate payments and got just one, for $9,000.<\/p>\n

The result: Owners are left holding the bag, unable to collect rent or<\/em> evict tenants, and are struggling to pay their own bills.<\/p>\n

\u201cWe are at the tipping point,\u201d pleads Strasburg, desperate for a \u201cfinancial lifeline.\u201d While tenants skip payments with no consequences, owners get no such pause on their property taxes, water bills, insurance, mortgage payments or the costs of cleaning, maintenance and repairs.<\/p>\n

Chalk up some of the delay to incompetence. The state\u2019s Web site for the program is riddled with technical problems. Tenants and landlords get e-mails saying applications are not complete long after they\u2019ve been completed.<\/p>\n

\"Rent
Rent Stabilization Association President Joseph Strasburg blamed New York state lawmakers for being slow to create a rent relief program.<\/figcaption>
Christopher Sadowski<\/span><\/figcaption><\/figure>\n

Yet much of the delay has also been caused by lawmakers themselves, who opted to create a complex program with an array of rules suiting their own political needs, which has only served to complicate and slow down distribution.<\/p>\n

And now some lawmakers want to extend the state\u2019s eviction ban to Oct. 31, even beyond the Oct. 3 date for President Joe Biden\u2019s extended federal ban.<\/p>\n

Strasburg suggests a range of steps Albany can take to help landlords \u2014 such as creating a targeted tax credit for small owners and having state officials work more closely with applicants.<\/p>\n

It\u2019s clear, though, that landlords, and tenants, have gotten a bum wrap. They badly need help. Officials owe it to them to make it right.\n <\/p><\/div>\n

If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n

\n

For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#You’ve left landlords in deep peril” When a rep for 25,000 building owners in the city testifies before lawmakers Tuesday on why the state has handed out so little of its $2.6 billion in federal rent-bailout money, he plans to point the finger right back at them. He\u2019s got every right to do so. \u201cLawmakers…<\/p>\n","protected":false},"author":1,"featured_media":318939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/08\/memo-to-ny-lawmakers-213.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[113714,71386,43,71554,73779,70469,72656],"class_list":["post-318938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-8-8-21","tag-albany","tag-editorial","tag-evictions","tag-legislature","tag-rent","tag-tenants"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/318938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=318938"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/318938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/318939"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=318938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=318938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=318938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}