The New York State Legislature convened for a special session between holidays to implement new protections in the housing market.
"The New York Legislature is expected on Monday to pass one of the most comprehensive anti-eviction laws in the nation, as the state contends with high levels of unemployment and a pandemic that has taken 37,000 lives statewide," reports Dan Rubinstein.
"Under the new measure, landlords would be barred from evicting most tenants for at least another 60 days," adds Rubinstein.
A tenant facing eviction can "submit a document stating financial hardship related to the coronavirus to postpone an eviction," reports Rubinstein. There would be some exceptions that would still allow evictions to move forward, like tenants creating nuisances or hazards. Tenants will still owe back rent once the new moratorium expires.
The law also offers protections to landlords, "[making] it harder for banks to foreclose on smaller landlords who are themselves struggling to pay bills."
The article includes more details of the rental market and political context for the bill. According to data shared in the article, evictions have continued in New York City despite various layers of moratoria put in place since the outset of the pandemic.
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