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Small landlords hit limit with Hochul, turn to Zeldin
therealdeal.com ^ | 10/17/22 | Suzannah Cavanaugh

Posted on 10/20/2022 9:47:18 AM PDT by AbolishCSEU

Outside Gov. Kathy Hochul’s Murray Hill office, small landlords traded war stories Monday morning about New York’s rent relief program.

“Three years and 18 months,” said one, double-fisting protest signs denoting how long he’d shouldered his tenants’ arrears.

“I’m out $75,000 right now,” another said. “Three years. One house.”

Terri, an organizer of the “landlords rights protest” who asked that her last name be omitted for fear of retribution, said her tenant hadn’t paid rent since November 2020. Tired of waiting, she’d agreed to settle, eating $40,000 of arrears in an agreement that should have seen the renter evicted in August.

“The judge told him he must leave, but he’s still here,” the owner of two properties in Queens said.

(Excerpt) Read more at therealdeal.com ...


TOPICS: Business/Economy; Government; Politics/Elections; US: New York
KEYWORDS: eviction; landlords; rent; tenants
ALL mom and pop NYS landlords need to vote for Zeldin.
1 posted on 10/20/2022 9:47:18 AM PDT by AbolishCSEU
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To: AbolishCSEU

Socialists spend other peoples’ money.


2 posted on 10/20/2022 9:49:10 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: AbolishCSEU
"The tenant hadn’t paid rent since November 2020. Tired of waiting, she’d agreed to settle, eating $40,000 of arrears....The judge told him he must leave, but he’s still here,” the owner of two properties in Queens said.

This is how gangsters and mafia grow, in lawless societies.

3 posted on 10/20/2022 9:49:50 AM PDT by PGR88
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To: AbolishCSEU

Same here in Commiefornia..cant raise rent, cant evict..my mom currently has two units available for rent..am being SO careful about prospective tenants, making sure they have excellent credit and good jobs otherwise once they are in you cant kick them out..its been months already and every time we get an application its either horrendous credit or they dont make enough money


4 posted on 10/20/2022 9:50:55 AM PDT by Sarah Barracuda
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To: AbolishCSEU

“ ALL mom and pop NYS landlords need to vote for Zeldin.”
********************************************************

Yep… along with ALL their relatives.


5 posted on 10/20/2022 10:17:36 AM PDT by House Atreides (I’m now ULTRA-MAGA-PRO-MAX)
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And thus the Legend of Zeldin was born


6 posted on 10/20/2022 10:21:58 AM PDT by dsrtsage ( Complexity is just simple lacking imagination)
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To: AbolishCSEU
“I’m aware of this problem; our ticket is aware of this problem,” attorney general candidate Michael Henry told the crowd.

He should be campaigning on Criminally Prosecuting government officials for Fraud, and Grand Theft under current RICO statutes
7 posted on 10/20/2022 10:23:40 AM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: PGR88
Yep.

Many small landlords have decided just to get out of the game. But you can not get out until you can either sell the place with a tenant who is current or if you can get them out.

There were a few rental companies that will buy your rental, for a major discount of course, if you had a tenant that was a bad apple. But mostly they have vanished over the past year.

8 posted on 10/20/2022 11:15:37 AM PDT by Harmless Teddy Bear (The nation of france was named after a hedgehog... The hedgehog's name was Kevin... Don't ask)
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To: AbolishCSEU

Rat bastards can steal right out in the open and then call landlords thief’s and criminals for trying to make on an investment


9 posted on 10/20/2022 11:16:17 AM PDT by ronnie raygun
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To: AbolishCSEU

Any landlord who can’t figure that out for himself deserves whatever he gets. I’m about fed up with idiots and their self inflicted wounds.


10 posted on 10/20/2022 12:50:02 PM PDT by hinckley buzzard ( Resist the narrative.. )
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To: Harmless Teddy Bear
There were a few rental companies that will buy your rental, for a major discount of course, if you had a tenant that was a bad apple.

Those types of vultures are still commonplace in the Pittsburgh market judging by the amount of advertising around here. Once they do the dirty work of cutting the bad apple tenants loose, they turn a quick profit selling to places like Black Rock.

11 posted on 10/20/2022 1:20:22 PM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: AbolishCSEU

Unless Deep State loses control of our legislature, even if Zeldin wins, NYS is still screwed.


12 posted on 10/20/2022 1:21:10 PM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: PGR88
This is how gangsters and mafia grow, in lawless societies.

Yup. If the government won't enforce these laws, eventually landlords will turn to Guido and Knuckles to remove the squatters. It'll be cheaper for them in the long run.
13 posted on 10/20/2022 1:25:27 PM PDT by Antoninus (Republicans are all honorable men.)
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To: mewzilla

sadly you’re right.


14 posted on 10/20/2022 1:44:57 PM PDT by AbolishCSEU (Amount of "child" support paid is inversely proportionate to mother's actual parenting of children)
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To: AbolishCSEU
ALL mom and pop NYS landlords need to vote for Zeldin

25,000 landlords in NYC vs 2.5 million tenants.

15 posted on 10/20/2022 2:32:21 PM PDT by tlozo (Better to Die on Your Feet than Live on Your Knees)
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