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REBNY members make promise to New Yorkers

Owners representing more than 150,000 rental units in the City, and the Real Estate Board of New York (REBNY), the City’s leading real estate trade association, pledged in an open letter to be published in several newspapers not to execute any warrant of eviction for the next 90 days in response to the ongoing Coronavirus (COVID-19) crisis.

The letter came as the State’s Chief Administrative Judge Lawrence Malks directed courts across the state to suspend operations, which will include eviction proceedings and pending evictions, until further notice as the state continues to combat the novel Coronavirus (COVID-19) outbreak.

The directive followed a decision from last Friday to implement a one week moratorium on evictions in New York City.

BILL RUDIN

In the open letter to residents, William C. Rudin, REBNY chairman, James Whelan, REBNY president, and building owners and managers, said, “In crises, New Yorkers pull together. Now is a time for everyone to do their share.

“No one knows how bad the impact of the COVID-19 virus will be. That’s why New Yorkers are taking extraordinary steps to slow the spread of the virus and protect our most vulnerable people.

“We want to do our share too. As owners and managers of more than 150,000 rental apartments in the city, we will help our residents weather this crisis safely in their homes.

“Starting immediately, we are voluntarily pledging that we will not execute any warrant of eviction for the next ninety days unless it is for criminal or negligent behavior that jeopardizes the life, health or safety of other residents. With all the stress, health risk and economic suffering going on now, no one should have to worry about losing their place to live during this crisis.

“With New York at risk, we must come together and protect our residents. We can’t shake hands or hug each other right now. But we must all turn toward each other and help each other. Together, we will survive this crisis — and so will this wonderful City we all love.”

The New York State Association for Affordable Housing (NYSAFAH) applauded the move, but president and CEO Jolie Milstein, said mor eneeds to be done to help already struggling to make ends .

JOLIE MILSTEIN

“The immediate next step is for our government leaders to develop a comprehensive plan to address the needs of the many New Yorkers who will face continued housing-related uncertainty in the weeks and months after the crisis subsides.,” said Milstein.

“NYSAFAH and our members stand ready to work with elected officials to create a solution that will help New Yorkers in need of housing security to weather this storm.”

The REBNY Pledge Signees include:

A&E Real Estate, Douglas F. Eisenberg

Blackstone, Ken Caplan and Kathleen McCarthy

The Brodsky Organization, The Brodsky Family

Brookfield Property Group, Ric Clark

The Douglaston Companies, Jeff Levine

The Durst Organization, The Durst Family

Extell Development Company

Fetner Properties, Hal Fetner and Damon Pazzaglini

Fisher Brothers, Winston Fisher

Glenwood, The Litwin Family

Gotham Organization, Inc., David L. Picket and Joel I. Picket

Jack Resnick & Sons, Jonathan Resnick

Lalezarian Properties, Kevin Lalezarian

LeFrak, Richard S. LeFrak

Manhattan Skyline Company and Donald Zucker Company, Donald Zucker and Laurie Zucker

Milford Properties

The Moinian Group, Joseph Moinian

Muss Development, Jason Muss

Ogden CAP Properties

Related Companies, Jeff T. Blau

Rockrose

Rose Associates, Inc., Amy Rose

Rudin Management Company, Bill Rudin and Eric Rudin

RXR Realty, Scott Rechler

Silverstein Properties, Larry Silverstein and Marty Burger

Taconic Partners, Paul Pariser and Charles Bendit

Tishman Speyer

Two Trees, Jed Walentas

Vornado Realty Trust, David R. Greenbaum

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