Our next in-person Real Estate Roundtable will take place on Thursday, January 23rd at 9:00 AM at The Buffalo Club. The event will be held in the Roosevelt Room, which is located on the 2nd floor of The Buffalo Club.
Click “RSVP” below if you would like to attend the January 23rd Real Estate Roundtable, which is free of charge.
At our next Real Estate Roundtable, Jaime Michelle Cain will discuss matters related to Emotional Support Animal requests. Topics that will be reviewed include:
- What HUD Guidance Advises
- How to Process and Respond to Requests
- How to Engage in the Interactive Process with Tenants
- How to Address Multiple Animal Request
Click here for a printer-friendly PDF of this Special Alert
The New York State Office of Temporary and Disability Assistance (OTDA) announced that the application portal for the state’s Emergency Rental Assistance Program (ERAP) will close on January 20, 2023.
ERAP BENEFITS
ERAP was created to provide financial relief for tenants who could not pay their rent due to COVID-19 related economic hardships. The program, which started in June 2021, has distributed over $2 billion in payments to landlords. While ERAP provided welcome relief for some tenants and landlords, the program has also had significantly detrimental consequences for property owners across New York State.
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The Bad News for Property Owners Regarding New York States’ Good Cause Eviction
Click here for printer-friendly PDF of this post.
New York State’s legislature is currently reviewing a bill referred to as the “Good Cause Eviction.” The proposed legislation presents significant changes that could impact property owners throughout New York State.
If passed and signed into law, the Good Cause Eviction legislation would limit rent increases to 3 percent or 1.5 times the Consumer Price Index, which ever is higher. In addition, the law would change the criteria and legal process for evictions.
Many questions and concerns have been raised regarding the potential widespread consequences of the Good Cause Eviction law. During the next Real Estate Roundtable, Jaime Michelle Cain will explore details of the Good Cause Eviction legislation and review how property owners can address the proposed law.
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