IMPORTANT UPDATE Federal Emergency Rental Assistance Enacted in December 2020 Permits Landlords to Assist with or Apply on Behalf of Tenants; Applications under the May 2020 COVID Rent Relief for April 2020 to July 2020 Rent Arrears Extended to February 1, 2021 On Sunday, December 27, 2020, President Trump signed the federal government’s most recent […]
Impact of the Passage of the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020: New Restrictions and Available Remedies On December 28, 2020, NY Governor Andrew Cuomo signed into law the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 (“Act”). The Act (S.9114/A.11181) temporarily prevents residential evictions and generally frustrates landlords’ ability […]
On February 6, 2020, Rose & Rose, with co-counsel Cooper & Kirk, filed the action 335-7 LLC v. City of New York in the federal district court for the Southern District of New York. The action is a broad frontal attack on the Housing Stability and Tenant Protection Act, and more generally the post-HSTPA Rent […]
This recent article from Forbes does a good job explaining the truly unique Real Estate Market in New York City. Market predictions in 2020 vary widely depending on region and it is interesting to see how things have changed over recent years in NYC