Tuesday 26 November 2019

Evictions down in wake of New York rent law

Since the state legislature took a hacksaw to New York’s rent law in June, New York City has seen a precipitous decline in eviction proceedings. Evictions filed against tenants for nonpayment fell by more than 35,000, or 46 percent, following the law’s enactment in June, compared with the same period in 2018, the Wall Street Journal reported. Eviction cases not involving nonpayment of rent also declined, but only by 12 percent. New York City’s supervising



source https://therealdeal.com/2019/11/26/evictions-down-in-wake-of-new-york-rent-law/

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