ALBANY — New York’s small landlords are taking out second mortgages, cashing life insurance policies and other last-resort measures to stay afloat as they fight to access COVID-19 assistance promised
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State lawmakers and landlord advocacy groups joined in calling for Governor Andrew Cuomo and Democrat-controlled chambers of the legislature to avoid extending the eviction moratorium in place right now.
Since the middle of 2020 when the pandemic shut down a large portion of the country’s economy- a moratorium on evictions has been in place. Housing advocates have said that such a moratorium is necessary because of the housing crisis that would ensue without it.