Tag: Landlords

As Pandemic Evictions Rise, Spaniards Declare ‘War’ on Wall Street Landlords

The Association of Rental Housing Owners, a Spanish group which includes some of the outside investment firms, took aim at the proposed housing law, saying that rent controls would only discourage owners from building new rental units during a time of low supply. The conflict in Barcelona traces its roots to the financial crisis that […]

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How the Coronavirus Pandemic is Taking a Toll on Housing in the Bronx

Livia Fernandez used to commute every day from her one-bedroom apartment in the Bronx to an Ecuadorean restaurant in Queens, where she worked as a cook and earned $700 a week. But when the pandemic hit New York City last year, the restaurant shut down, and she lost her job. Ms. Fernandez got Covid-19 in […]

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New York to Stop Accepting Applications for Pandemic Rental Aid

New York State said on Friday that it would stop taking most requests for its pandemic rent relief for struggling tenants because an overwhelming number of applicants had left the program nearly out of money. The huge demand for aid underscores the severe economic pain inflicted by the coronavirus outbreak. Since the $2.4 billion program […]

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With Cases Piling Up, an Eviction Crisis Unfolds Step by Step

In Indianapolis, eviction courts are packed as judges make their way through a monthslong backlog of cases. In Detroit, advocates are rushing to knock on the doors of tenants facing possible eviction. In Gainesville, Fla., landlords are filing evictions at a rapid pace as displaced tenants resort to relatives’ couches for places to sleep or […]

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WeWork Stock Starts Trading After SPAC Deal

“I made a wrong decision,” Masayoshi Son, SoftBank’s chief executive, said last year. “I didn’t look at WeWork right.” SoftBank has agreed to cap its voting power in the company below 50 percent. SoftBank and other investors have to wait several months before they can sell their shares. The pandemic, which emptied office towers around […]

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When Bad Weather and Bad Landlords Collide

“NYC is in a housing crisis,” said Deborah Morris, a lecturer at the Harvard Graduate School of Design who previously worked on climate resiliency with the city’s Housing Preservation and Development agency. “And the quality of the housing is really, really poor. The pressure pushes vulnerable people into vulnerable places. Our buildings are not built […]

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What If Pandemic Aid Went to Tenants, Not Landlords?

It took Ziaul Hassan, a New York City taxi driver, four months to hear back after he applied for emergency rent help because the pandemic had devastated his business. By the time he received an email last week informing him that his application for New York’s federally funded Emergency Rental Assistance Program had been approved, […]

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‘The Moratorium Saved Us. It Really Did.’

If the main lessons we take from the eviction moratorium have to do with how to configure a better moratorium for the next national emergency, we will have failed. We should be dedicating ourselves to building a better housing system, one that ensures we don’t face an eviction crisis come next pandemic — or next […]

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