March 20, 2020 By Christian Murray
State Sen. Mike Gianaris is calling for a 90-day suspension of residential and commercial rent for tenants and small businesses impacted by the coronavirus pandemic.
Under Gianaris’ proposal, residential and commercial tenants would have 90 days of rent forgiven if they lost their work or closed due to the coronavirus pandemic.
Evictions in the state have been frozen by a moratorium issued by the Unified Court System and Governor Andrew Cuomo has already ordered a 90-day mortgage moratorium.
Gianaris is in the process of drafting the legislation but is calling for its implementation as soon as possible, including by executive order if necessary.
“Under the leadership of Governor Cuomo, New York is doing an excellent job managing this crisis, but the devastation caused by coronavirus will be far reaching and long lasting,” Gianaris said.
“We must stay on top of the fast-changing consequences of our efforts to contain the virus, and the millions of tenants in our state cannot be left behind. Suspending rents is a critically important step to help New Yorkers survive this unprecedentedly difficult time.”
9 Comments
The government has for ed a lockdown and put most of us either temporarily
Or permanently out of work… how to i keep my family fed and pay rent when i am physically and logistically prevented from earning income…. the banks are fore-bearing payments evictions are suspended, rent has to be next. This is a share the pain scenario. Mom & Pop will have to bear it as well.
Please don’t pass this law for 2 family homes. We rely on the rent we get. We just lost 1/2 a year’s worth of rent because we couldn’t find a tenant, plus we lost money because we invested in renovating the rental apartment. We rely on the rent we receive – it’s my only income during the corona pandemic!
So easy for him to say it. Not his income nor expense. That’s how communism works ladies and gentlemen.
Won’t someone think of the poor corporate real estate management companies an billionaires like Trump?!
Mom and pop landlords can’t afford not to receive rent … will you give them no real estate taxes ???? Maybe you should have let Amazon move in
A Hero. Thank you.
Will the tenants that don’t pay rent pay something toward the expenses of the building ? I think not …
ABSOLUTELY. If my landlord isnt paying a mortgage for 90days and my employment is gone and i am
Supporting a family, the same consideration needs to be passed on to the renters .
Their mortgage still has to be paid in full with interest will u pay back rent ? I doubt it … if rent not paid you have no right to live rent free… put yourself in the owners shoes