Renting a home has some significant advantages. As a renter, you don't have to commit to one location for a long period of time. You also don't have to make repairs or replace appliances when they break down. There are drawbacks to renting a home in New York, though....
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Brooklyn Legal Blog
Bill would legalize “granny flats” in New York
During his State of the City address last year, Mayor Bill de Blasio pitched legalizing basement apartments citywide. That proposal hasn’t progressed much, but state officials are now taking steps to push that vision forward. A recently introduced bill would require...
These startups want to guarantee your rent
Companies like Flex, Till and NestEgg have raised cash to put renters on flexible payment plans. Flex and NestEgg have gone as far as fronting monthly payments to landlords. And San Francisco-based rental marketplace Zumper followed suit this summer when it rolled out...
Avoiding disputes with your business partners
Going into business with a partner can provide necessary support and have many advantages. Partnerships are commonly born out of friendships, which means the business can bring friends together on a whole new level. However, for entrepreneurs in Brooklyn, New York,...
$1.9 Trillion Emergency Relief Plan
President-elect Joe Biden on Thursday outlined a $1.9 trillion emergency relief plan that would have major consequences for real estate and the economy at large. The proposal would extend a national moratorium on evictions and foreclosures to Sept. 30. The moratorium...
Kavanagh’s Back Rent Relief Bill
State Senator Kavanagh said that the amount of back rent owed throughout the state is between $2.5 billion and $3.4 billion, based on an estimate from the National Council of State Housing Agencies. "That's a large figure but it's not inconceivable that we could fully...
December 2020 Eviction and Foreclosure Bill
The Emergency Eviction and Foreclosure Prevention Act -- which was negotiated over days of conferences -- would immediately freeze all evictions and foreclosures for small property owners for two months. After the initial two-month freeze on all evictions and small...
State bill would soften blow for commercial tenants who break leases
On Wednesday, the state Assembly passed a bill that would require commercial landlords to minimize damages against a tenant who vacates their property before the lease expires. When a tenant breaks a lease, the bill would require landlords to “take reasonable and...
Safe Harbor Act
Provides that no court shall issue a warrant of eviction or judgment of possession against a residential tenant that has suffered a financial hardship for the non-payment of rent that accrues or becomes due during the COVID-19 covered period.The purpose of the Tenant...
Paycheck Protection Program
Previously on March 27, the CARES Act had been signed into law with $376 billion in relief for workers and small businesses. That funding was exhausted quickly. Now, small businesses, including law firms, have another opportunity to apply for loans and...
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