New York Governor Andrew Cuomo has extended the state’s moratorium on residential evictions until January 1, 2021. This means that landlords will not be able to evict tenants who have not paid their rent until at least the beginning of the new year. This is a boon for thousands of tenants who were facing eviction, but for landlords, it means it will be at least another three months before they can remove the delinquent tenants and replace them with people who can actually pay rent. Continue reading “Moratorium on Residential Evictions Extended by Cuomo Until New Year”
Category: Landlord Solutions
CDC Extends Federal Eviction Moratorium to End of Year
The Centers for Disease Control (CDC) has extended the federal moratorium on evictions until December 31, giving tenants who were in danger of eviction more time to prepare for being removed from their apartments. In extending the moratorium, the CDC cited concerns that evicting people right now would place them at high risk of homelessness, which could facilitate the spread of the coronavirus. However, not everyone can benefit from this eviction moratorium, and landlords may be able to go forward with an eviction if a delinquent tenant does not follow the appropriate procedure. Continue reading “CDC Extends Federal Eviction Moratorium to End of Year”
As Moratorium Ends, a Wave of Evictions is Set to Begin
Back in March, New York Governor Andrew Cuomo announced a moratorium on evictions to prevent people from being forced out on the street during the height of the coronavirus pandemic. However, with waning infection rates across New York, some of the justification for the moratorium is disappearing with it. Unfortunately, this means that many New Yorkers are now facing the prospect of homelessness once the moratorium ends. The Chief Administrative Judge for courts in New York has most recently ruled that no warrants of eviction can be executed until at least October 1. Continue reading “As Moratorium Ends, a Wave of Evictions is Set to Begin”
Landlords Prepare for End of Eviction Moratorium
In March, New York Governor Andrew Cuomo instituted a moratorium on evictions throughout the state, preventing landlords from evicting tenants from their homes during the coronavirus crisis. The moratorium was originally slated to end in June but has since been extended to August 20. However, that does not mean landlords cannot get a head start, and the courts are already accepting applications to commence evictions once the moratorium lapses. Continue reading “Landlords Prepare for End of Eviction Moratorium”
Landlords Fear Impact of NYC Greenhouse Gas Emissions Standards
On April 18, 2019, the New York City Council passed the Climate Mobilization Act, which seeks to reduce New York City’s greenhouse gas emissions. The 10-bill legislation is the largest single carbon reduction effort that any city, anywhere, has enacted. The Act, which will require buildings that are 25,000 square feet or larger to make a substantial reduction of fossil-fuel consumption, has raised concerns from New York City landlords. Continue reading “Landlords Fear Impact of NYC Greenhouse Gas Emissions Standards”
Asset Protection for Landlords
If you have nothing, then you have nothing to lose. Landlords, on the other hand, have a lot to lose. Run of the mill asset protection planning doesn’t cut it for landlords. In my experience, generic asset planning falls short either in the way it constricts a successful real estate operation or in the way it doesn’t fully protect. The risks landlords face are different than other individuals and the business of being a landlord is different than other businesses. So what kind of risks are we talking about? And how do we protect against those risks? Continue reading “Asset Protection for Landlords”
Landlord & Investor Q&A Presented by Attorney Jim Clark for October 2018
In this segment Jim Clark answers the most popular questions that come up through his interactions with landlords and real estate investors through his presentations to local organizations, networking, one on one conversations as well as direct posting through his website and social media. Continue reading “Landlord & Investor Q&A Presented by Attorney Jim Clark for October 2018”
When a Commercial Tenant Goes on Offense
We were nearly a year into a heated battle with a retail tenant. In court, I was representing the landlord. Each side had hundreds of thousands of dollars on the line and the whole case was now turning on the judge’s interpretation of a few words in the lease. This was a Yellowstone Injunction case, and any commercial landlord who has been in the business for some length of time has either heard of or experienced one of these. They’re not pretty. Continue reading “When a Commercial Tenant Goes on Offense”
Landlord & Investor Q&A September 2018: Presented by Attorney Jim Clark
In this segment Jim Clark answers the most popular questions that come up through his interactions with landlords and real estate investors through his presentations to local organizations, networking, one on one conversations as well as direct posting through his website and social media. Continue reading “Landlord & Investor Q&A September 2018: Presented by Attorney Jim Clark”
Landlord & Investor Q&A August 2018: Presented by Attorney Jim Clark
In this segment Jim Clark answers the most popular questions that come up through his interactions with landlords and real estate investors through his presentations to local organizations, networking, one on one conversations as well as direct posting through his website and social media. Continue reading “Landlord & Investor Q&A August 2018: Presented by Attorney Jim Clark”
