Results tagged “newyorkstatesenate”

Senate Passes Bill to Protect Renters During Building Foreclosure

Under current state law, you can be paying your rent on time every month, and one day come home to find that you've got less than 10 days to vacate your apartment because the landlord defaulted on the mortgage. State Senator Jeff Klein says nearly 600 New York City tenants are being evicted every month because of foreclosures, and they're usually the last ones to know about it because banks are not required to inform them.

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