TIPS FOR LANDLORDS AND PROPERTY MANAGERS COPING WITH THE COVID-19 OUTBREAK IN NEW YORK With the unprecedented impacts of the COVID-19 pandemic, many landlords and property managers in New York are considering their options under existing leases to determine the best path forward. Whether you’re a residential or commercial landlord or property manager for a…
ATTENTION PROPERTY OWNERS OF RESIDENTIAL, MULTIFAMILY, AND INVESTMENT PROPERTIES Recent changes in landlord tenant-laws in New York have been impactful for property owners of residential, multifamily, and investment properties. Of particular significance has been the Housing Stability and Tenant Protection Act of 2019 (“HSTPA”), signed into law on June 14, 2019. HSTPA has impacted almost…
UNDERSTANDING THE IMPACT OF THE HOUSING STABAILITY AND PROTECTION ACT OF 2019 On June 14, 2019, the New York Housing Stability and Tenant Protection Act of 2019 (HSTPA) became law. This law signifies a seismic shift in the balance of power between landlords and tenants, whereby the legislature has amended many parts of the state’s…
