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COVID-19 Update: New York Governor Signs New Moratorium Effective Until January 15, 2022 - Real Estate and Construction

COVID-19 Update: New York Governor Signs New Moratorium Effective Until January 15, 2022 - Real Estate and Construction
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New York Extends Eviction Ban Through August


Certain residential and commercial tenants can now avoid eviction until at least Aug. 31.
The state Senate and Assembly on Monday approved a measure that retroactively extends two recently expired laws that restrict evictions of residential and commercial tenants, as well as foreclosures on small landlords and businesses. Those seeking such protections must fill out hardship declaration forms, but do not have to submit proof that they are unable to pay.
The bill extends two state laws that expired May 1: the Emergency Eviction and Foreclosure Prevention Act of 2020 and the Covid-19 Emergency Protect Our Small Businesses Act of 2021.
New York’s fiscal year 2022 budget, approved last month, created the framework for disbursing $2.4 billion in federal rent relief. That program will be administered by the state’s Office of Temporary and Disability Assistance, which has not yet released applications for tenants and landlords to participate. ....

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