Hundreds are without gas, calls for an open house ban, & more
Hundreds of Brooklyn residents are without gas while they are being told to stay home to prevent the spread of coronavirus (Bklyner)
More than a third of New Yorkers will not be able to pay rent if their paychecks are put on hold or lost due to the novel coronavirus outbreak, according to data from PropertyNest (press release)
Some landlords are taking steps to help—thousands of tenants in East New York can get a 14-day rent waiver if they can't keep up payments because of the pandemic (Bklyner)
There are calls for a two-week moratorium on open houses and in-person property showings to stop the spread of the pandemic (The Real Deal)
Brooklyn City Council member Carlos Menchaca is calling for a ban on construction work citywide due to the coronavirus outbreak (The Real Deal)
Low interest rates and the stability of ownership are big incentives to buy—if you can stomach the uncertainty during a crisis (The New York Times)