Tuesday 24 March 2020

Covid-19 uncertainty may prompt landlords to renew tenants

Renters whose leases expire sometime in the next few months may have the upper hand in negotiating future terms with their landlords. It’s unclear when the spread of the coronavirus — which has infected more than 20,000 people in New York — will slow down. Mayor Bill de Blasio indicated Sunday that he believes things will get worse in April and again in May, and Gov. Andrew Cuomo has said social distancing could last for



source https://therealdeal.com/2020/03/24/covid-19-uncertainty-may-prompt-landlords-to-renew-tenants/

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