Last Stand March for Relief protest at Foley Square. – New York, NY – USA – March 31st 2021. (Shutterstock) By Johan Sheridan, News10 Gov. Kathy Hochul announced that a $100 million fund is available for New Yorkers struggling to make rent. The supplemental funding is aimed at low-income tenants facing homelessness or eviction. “Everyone […]
By Greg David, THE CITY With the 18 buildings Valentina Gojcaj owns or manages in The Bronx saddled with $787,000 in arrears from tenants who haven’t paid rent during the pandemic, she made a list of 53 residents owing more than $5,000. She then submitted the landlord portion of the paperwork necessary for those people […]
By Greg David, THE CITY While Aaron Weber waits for the city Rent Guidelines Board to decide whether he will be forced to freeze rents for the tenants in the 40 buildings he runs at Weber-Farhat Realty Management, he ticks off the higher costs absorbed in the past year. Among them: rising water and electric […]
By Chris Arnold, NPR With their savings running out, many Americans are being forced to use credit cards to pay for bills they can’t afford — even their rent. Housing experts and economists say this is a blinking-red warning light that without more relief from Congress, the economy is headed for even more serious trouble. There’s been […]
By Caroline Spivack, Curbed Remember the state’s emergency rent-relief program? The one whose rocky rollout shot up red flags for tenant advocates? Well, more than three months after the deadline to apply, a new state report reveals that tens of thousands of New Yorkers have learned they are ineligible — and of the 94,000 people […]
Both landlord and tenant advocates say the solution is a tenant bailout in the form of a rental assistance voucher program.
Landlord Surya Hariprasad sits outside her Bronx building, Oct. 15, 2020. Ben Fractenberg/THE CITY By Gabriel Sandoval, THE CITY Surya Davie Hariprasad scrounged to pay the mortgage of her Bronx home after she, her daughter and their only tenant upstairs were stricken with coronavirus in March. For two months, nobody in their two-family house could work […]
By Rachel Holliday Smith, THE CITY In some parts of the city, rents have dropped since the COVID-19 crisis began. But for neighborhoods that felt the effects of the coronavirus most, listed prices have risen slightly, according to a new analysis. The annual rental report by the apartment-listings site StreetEasy paints a very different price picture between […]
The NYS Home and Community Renewals COVID Rent Relief Program will provide eligible households with a one-time rental subsidy that will be sent directly to the household’s landlord. Applicants will not need to repay this assistance. The Covid Rent Relief Program is not first come, first served. Applications will be accepted throughout the two-week application period. HCR will prioritize […]