05 January 2022

The Real Estate Industry's Stooge

Kathy Hochul, the new Governor of the great state of New York, and whose only redeeming feature is that she is not "Rat Faced Andy" Cuomo is making moves to let the NYC eviction moratorium expire, because the real estate industry owns her, as evidenced by her efforts to force people back to offices to bail out thebuilding owners.

This should get interesting, if just because no one in Albany is afraid of her in the way that they were afraid of Cuomo:

Gov. Kathy Hochul is considering letting a pandemic-spurred hold on evictions lapse after it expires on Jan. 15, sources in the state legislature told THE CITY.

A pause on evictions has been in place by executive order since the early days of the COVID-19 outbreak, then becoming law in June 2020. Hochul extended the stay on evictions during her first days as governor in early September.

In recent weeks, she and her advisors have been pushing state lawmakers to let the law lapse next week — making the argument that businesses and schools have reopened and people are returning to work, four people familiar with the discussions told THE CITY.

Hochul’s inclination to let the moratorium end is shared by landlords who have complained about the measures since they were first enacted in March 2020.

Now even some tenant advocates are dropping a push to extend it, instead putting their weight behind pressing lawmakers to pour more money into rent relief and passing legislation to enshrine “good cause” eviction protections.

All this while Corona Virus infection rates are going through the roof.

But hey, landlords gotta landlord.

0 comments :

Post a Comment