The recommendation will also impact interest rates for small property owners not impacted by COVID-19. On May 13, 2020, the New York City Banking Commission recommended that the City Council create a new hardship exemption to eliminate interest on late payments for property taxes due in July for small property owners who faced financial hardship due to COVID-19. The Banking Commission is comprised of Mayor Bill de Blasio, Department of Finance Commissioner Jacques Jiha, and … <Read More>
Search Results for: COVID-19 Impact
Governor Cuomo Extends Eviction Moratorium Through August
Advocates and industry leaders calling for more protections and more action from Governor. On May 7, 2020, New York Governor Andrew Cuomo issued Executive Order No. 202.28, extending the eviction moratorium through August 20, 2020. The moratorium prevents the filing of eviction proceedings against both residential and commercial tenants. The original eviction moratorium, came by way of Chief Administrative Judge Lawrence K. Marks on March 15, 2020, and was reinforced by Governor Cuomo’s Executive … <Read More>
Landmarks Releases Online Timeline in Honor of its 55th Anniversary
The interactive timeline aims to foster civic pride for New Yorkers during the COVID-19 pandemic. On April 16, 2020, the Landmarks Preservation Commission announced the release of an online timeline, Fifty-Five Years of LPC. Fifty-Five Years of LPC was released in honor of Landmarks’ 55th year anniversary. The timeline is interactive and includes excerpts of Landmarks’ history and highlights its notable accomplishments through the decades.
Chief Administrative Judge Issues Statewide Moratorium on Eviction Proceedings in Wake of Corona Crisis
REBNY, Legal Aid and all parties united against evictions during Corona outbreak. On March 15, 2020, the New York State Court System issued an indefinite moratorium on eviction proceedings, effectively allowing many people and families throughout the state to stay in their homes and off the streets or in shelters. Tenant advocates and numerous elected officials argued housing insecurity and homelessness will only exacerbate the COVID-19 threat. The proceedings which a New York City … <Read More>