Half a Million New Yorkers Owe Back Rent: What It Means for Landlords

Half a Million New Yorkers Owe Back Rent: What It Means for Landlords

10-Aug-2021 12:00:12 | Yahoo Sports

In New York City, almost 500,000 households are delinquent on their housing payments, according to an analysis of census data by the National Equity Atlas. All told, landlords in the city are owed over $2.2 billion. Last year, to prevent a massive homelessness crisis, the CDC put an eviction ban into place, during which time landlords were left in the lurch on the rent collection front.

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