The eviction moratorium is being extended to Jan. 15, and it’s going to cause even bigger issues for landlords.
Without receiving rent, landlords aren’t going to be able to pay their mortgage on properties.
Many small landlords are just selling the properties in an attempt to get out of the mess.
One man in Brooklyn refuses to give up his rental property that his family has owned, and he wants to keep his tenants in their homes.
He currently owes $180,000 in back property taxes.
The biggest issue is how hard it has been for landlords and tenants to receive the rent relief, something Governor Hochul said the state is actively working to fix.
Renters that apply will be protected from being evicted, and landlords will be able to challenge hardship claims in court.
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