For Hamer, the owner of a rental property in Brooklyn, New York, the pandemic only exacerbated existing problems with his tenant. Eighteen months after Hamer first took his tenant to court, he still can't evict them due to the statewide moratorium in place through May 1. Hamer is now owed more than $53,000 in back rent. In all, he's behind nearly $60,000 in overdue mortgage payments, city fines and other fees. Hamer became a landlord in 2019 when he rented out his Brooklyn home after moving to upstate New York. He views the Brooklyn home as an investment property he hopes to one day pass on to his two children. But by October that same year, Hamer had taken his tenant to Kings County Civil Court for unpaid rent. After several court appearances and mediation, Hamer's case came to an abrupt halt in March 2020, when most eviction proceedings in Kings County were postponed. He hasn't been in court since, he said. And he likely won't see a day in court until at least May 1, when a statewide eviction moratorium placing a stay on most evictions expires. (Surprise! The state governor later extended that date to August 31, 2021 ) Meanwhile, Hamer's tenant changed the locks, prohibiting his access to the property, he said. They haven't paid rent in months, Hamer added. He also said he believes the tenant is now subletting rooms to others. Throughout the ordeal, Hamer said he's received no rent payments and no relief from New York City, Kings County or the state of New York. His tenant also doesn't qualify for any state relief programs, he added. Meanwhile, his mortgage company is making "embarrassing" calls to his home and his place of unemployment. "They are more than requesting the funds," Hamer said. https://patch.com/us/across-america/mom-pop-landlords-helpless-hurt-under-eviction-moratoriums Mom-And-Pop Landlords 'Helpless,' Hurt Under Eviction Moratoriums, Patch.com, Megan VerHelst, March 5, 2021 Does anyone think this is fair? Seems like everything that could go wrong did go wrong, with the eviction moratorium policy in this story.
I'd say New York owes him $60,000 plus legal fees plus interest. which he's as likely too see as Cuomo becoming a monk....I understand Mayor DeBozo also owns rental property, wonder if HE'S experiencing similar difficulties ? A classic case of governmental arrogance and indifference to the hardships it's pandering diktats place on citizens. I hope he can eventually shuck the whole thing without suffering to great a loss, THEN GET THE HELL OUT OF THE BIG ROTTEN APPLE!!!!
That landlord should just walk away from that property just like many people did, from homes they couldn't afford, during the great recession. There was a little reprieve, in New York, that creditors couldn't foreclose on property owners either (Options for Struggling Landlords Whose Tenants Can't Pay the Rent - New York Times). That's why he is receiving harassing phone calls. Just like this landlord was harassing the renter in his apartment. But that protection ran out on May 1, 2021. So, you know, foreclosure in progress!! P.S. I'm using the new gifting feature on the New York Times to allow you to access the news article I linked to without needing a subscription to read it.
His property will go back to the bank, as intended. As they say, 'never let a good emergency go to waste.' Our fear and panic always leads to the financial elite class consolidating more of our wealth, usually with much help from their minions in our govt.
