NYS Rent Moratorium thru August 2020

[Ali L.]

The Governor just (5/7/2020, 12pm EST) that moratorium is extended through August, no late fees, and security deposit can be applied to rent and paid back "over time". Curious how NYS landlords are strategizing for next few months.

1. What terms are you offering for security deposit replenishment?

2. How are you handling tenants that are already in default of lease terms for non-payment?

3. What measures are you taking to ensure you get into front of the line Sept 1 for eviction filings? I expect a large influx of filings followed by a backlog

4. Are you using cash for keys or any other methods for tenants with expired leases to prevent delays with holdover filings?

5.