New York City Evictions Are Down 78%. However, Experts Say A Tsunami Of Evictions Is On The Horizon
New York City evictions are down 78%. A predicted wave of evictions didn’t happen last year. Meanwhile, New York City landlords remained on the short end of the policy stick.
Crains reported that evictions in the 12 months after a statewide moratorium expired last January totaled just 4,400. That was down 78% from pre-pandemic levels.
The city executed 21,900 evictions in 2018. This is up from 18,700 the following year.
Data does not say if nonpayment of rent was the reason for the evictions. However, landlords groups say the number is about 90%.
Read More At MFI-Miami
New York Foreclosure Blog 