January 11, 2021
New York Gov. Andrew M. Cuomo said Friday he would introduce legislation to extend the state’s current eviction moratorium on commercial tenants through May 1. He’ll also introduce legislation to extend the ban on late payments or fees for missed apartment rent payments during the pandemic.
“COVID-19 has produced enormous hardship for homeowners and commercial and residential tenants as we implement restrictions necessary to protect the public health, and we owe them safety from eviction until they are able to get back on their feet,” said Cuomo.
He added, “The pandemic shouldn’t get in the way of our ability to provide space for our businesses and roofs over our heads, and this assistance will foster a faster and stronger recovery when we finish defeating COVID.”
Both proposals will be included in the governor’s State of the State address, which Cuomo is expected to deliver Monday.
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Tags: Apartments & Multifamily, Lease, Politics, Retail
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