203-661-6000

170 Mason Street, Greenwich, CT 06830

Metro New York area real estate attorney

There are few aspects of life that have not been affected by COVID-19. Millions of Americans have lost their jobs, had their work hours cut, or were forced to quit their jobs due to COVID-19 related lockdowns. This has led to widespread financial hardship. To mitigate some of the effects of this financial uncertainty, the federal government has released funds in the form of stimulus checks to individuals and businesses. New York state has also extended the moratorium on tenant evictions. Although recent measures have provided financial relief to renters, many landlords are concerned about the effect anti-eviction laws will have on their own finances.

New York Bans Evictions Amid Continued COVID-19 Concerns

Approximately 330,000 individuals have lost their lives due to the COVID-19 virus as of January 2021. Millions more have felt the effects of the virus financially. In order to avoid struggling Americans from ending up on the streets, many states have issued moratoriums on evictions. This has provided many families with valuable time to get back on their feet financially; however, it has also caused considerable financial difficulties for many property owners and landlords.

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