
December 29, 2020
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4:58Now PlayingAndrew Cuomo approves sweeping eviction moratorium, but what’s the catch? John Iadarola and Adrienne Lawrence break it down on The Damage Report.
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"ALBANY, N.Y. — A sweeping eviction ban that advanced in the New York State Legislature on Monday has led to pushback from landlord groups asserting that the measure will hurt struggling property owners, while tenant advocates warned that it’s only a temporary fix.
Details: The bill would halt evictions and foreclosures across the state for 60 days, and allow tenants and mortgagers who have lost jobs or income due to the pandemic to submit financial hardship declarations that would halt those proceedings until May 1. Gov. Andrew Cuomo said Monday he would sign the legislation."
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