May 8, 2020
New York Gov. Andrew M. Cuomo on Thursday said the state’s moratorium on COVID-related residential or commercial evictions will be extended for an additional 60 days until August 20. The original moratorium was due to expire next month.
Cuomo also announced additional protections for renters. The state is banning fees for late payments or fees for missed rent payments during the eviction moratorium, and allowing renters facing financial hardship due to COVID-19 to use their security deposit as payment, and repay their security deposit over time.
The governor expressed sympathy for the state’s multifamily owners, many of whom have monthly obligations in the form of mortgage payments. “We’re working on relief from the banks for the landlords also,” said Cuomo. “But on a human level, I don’t want to see people and their children being evicted at this time through no fault of their own.”
For comments, questions or concerns, please contact Paul Bubny