|
Post by Clipper on Dec 20, 2021 9:17:19 GMT -5
cnycentral.com/news/local/syracuse-landlord-shares-struggle-to-get-by-with-eviction-moratorium-still-in-place-in-nysIt seems that the programs instituted during the height of the pandemic have taken the burden off those who were out of work due to covid shut downs, but when do landlords get the same level of government assistance that tenants have gotten? The landlord in the article hasn't received rent in over 20 months. My stepson used to have 4 rental properties in Rome. Thank goodness he sold all but one before the pandemic hit, and got out of the rental business. He is a career army officer and sold all but one when he deployed to Afghanistan for the second time. The last property was occupied by a friend of his who paid rent or partial rent throughout the period covered by the eviction moratorium. The friend wanted to get out of the city of Rome and bought a house in Floyd. My stepson is leaving the house empty and for sale rather than to gamble with having someone else move into it. He had bought those houses over a period of several years as an investment for his retirement when he retired from the army. It is sad that people who have invested in property as a means of income only to have the property become a tax liability and a maintenance money pit to be maintained with no income generated by rent. The guy in the article has probably lost well in excess of $10,000 and will still have to pay the taxes, and insure that it is kept heated over the winter if the tenant doesn't pay their utility bill, or see the property foreclosed on if it is mortgaged. It is sad that his investment is becoming a financial drain instead of generating income.
|
|
|
Post by Atticus Pizzaballa on Dec 20, 2021 10:25:33 GMT -5
What is worse are the people who are collecting SSI or SSDI or regular Social Security and NOT working who then do not pay rent since they believe the moratorium replies to them also.
Mayor Tim Julian who owns two large efficiency apartment complexes was on TV talking about that a few times. He is also leading the class law suit against all legislators since the moratorium places landlords in a situation of not being able to earn a living because of the moratorium. Hope all landlords have signed on to this.
|
|
|
Post by BHU on Dec 20, 2021 11:38:53 GMT -5
There is funding avaliable for landlords to make up for lost rent thru Oneida County & possibly thru the state but the problem is they've made it nearly impossible for landloirds to collect any of it because it's a red tape nightmare. Tenants have to sign documents vetifying that they paid no rent & previous tenants who moved & didn't pay have to be tracked down by the landolord to sign & if they refuse to sign or can't be located the landlord is screwed. The whole thing is a beauracratic nightmare.
|
|
|
Post by Clipper on Dec 20, 2021 11:52:02 GMT -5
Tim Julian probably has some of the properties that his dad owned. I rented a beautiful one bedroom apartment from Ben Julian years ago next door to the Salumeria on James St. My ex-wife rented from him in that huge apartment building on James between Oneida St and Kemble St. The same building that had a serious fire not too many years ago. I wonder if Tim and his brother still operate the apartment complex where Sunnyside Motel was, and the laundromat on Oneida St. Benny had property all over the city.
|
|
|
Post by Atticus Pizzaballa on Dec 20, 2021 11:58:47 GMT -5
Tim Julian probably has some of the properties that his dad owned. I rented a beautiful one bedroom apartment from Ben Julian years ago next door to the Salumeria on James St. My ex-wife rented from him in that huge apartment building on James between Oneida St and Kemble St. The same building that had a serious fire not too many years ago. I wonder if Tim and his brother still operate the apartment complex where Sunnyside Motel was, and the laundromat on Oneida St. Benny had property all over the city. Yes his father died and he and his brother now own Sunnyside Efficiency Apartments way down on Herkimer Road. I just read an advertisement for an efficiency apt with rent at $800/month
|
|
|
Post by Clipper on Dec 20, 2021 12:04:09 GMT -5
Back in the day when I was young, single, and a drinker I ended up at the Sunnyside on more than one occasion with naughty girls of questionable morality after the bars closed. Benny was a good guy. He was always pretty fair to his tenants.
|
|
|
Post by BHU on Dec 20, 2021 17:29:09 GMT -5
I don't know about the Sunnyside but just about all those motels on Hekimer Rd are now or were drug dens. There's a couple more on N. Genny which are the same way unless they cleaned them & ones on Herkimer Rd up.
|
|
|
Post by Clipper on Dec 20, 2021 19:15:55 GMT -5
Yeah, we were thinking about the Red Roof when we were up there last summer. We stayed there before it became so bad. We ended up in Herkimer at the Red Roof by Denny's, next to the Thuway. It was real clean, and well managed. If we don't bring the motor home up this coming summer we may stay there again. Probably going to depend on gas prices with the V-10 engine. I don't mind spending a few bucks on gas to take a camping trip, but to drive 700 miles each way at 10mpg plus the cost of the campsite at Turning Stone may make it cheaper to drive the truck and stay in a hotel. It would be 140 gallons plus whatever gas we burned running around up there all day every day.
|
|
|
Post by Atticus Pizzaballa on Dec 21, 2021 18:11:22 GMT -5
Even the barber shops are drug dens. I was surprised when my barber told me about a few of them.
|
|