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Email A new bill canceling rent for residential tenants, and mortgage payments for some qualified homeowners, was announced last week in New York. This new bill calls for the cancellation of residential rental payments, and mortgage payments for primary residences with less than six units, for a period lasting until 90 days after the termination of New York’s state of emergency. https://www.cadwalader.com/resources/clients-friends-memos/covid-19-update-controversial-rent-and-mortgage-payment-relief-bill-introduced