Worried about paying rent Read this before approaching your landlord

Worried about paying rent? Read this before approaching your landlord

Worried about paying rent Read this before approaching your landlord

Thousands of New Yorkers are wondering how they’ll make rent payments as the coronavirus shutdown continues. By some estimates, more than a third of the city’s renters won’t be able to meet their rent obligations during the current crisis, which has forced all non-essential businesses to close. If you are among them, you may be wondering whether you should try to negotiate with your landlord or even break your lease to move elsewhere.

You are likely better off sitting tight for now because you have some added protections since evictions during the pandemic are halted. And you have some leverage considering that landlords are more inclined to want to keep you rather than have to fill an empty apartment. Read on for what you should consider before talking to your landlord.

Read Full Article on Brick Underground: https://www.brickunderground.com/rent/what-happens-to-rents-during-pandemic-negotiating-lower-payments-nyc-covid-19-coronavirus

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