Jack Morris, owner of 3K-plus multifamily units in N.J., says residents who are federal employees can defer rent payment
Jack Morris, the founder, CEO and president of Piscataway-based Edgewood Properties, on Wednesday sent a letter to all of the renters of his multifamily properties, saying the company will defer any rent payments for anyone who is a federal employee impacted by the shutdown of the federal government.
“We understand how difficult it will be for you to pay your rent while providing the other necessities for you and your family,” he wrote. “To that end, Edgewood Properties will defer your rent payment until such time as you receive your back wages, as well as waive any late charges.”
Morris, one of the co-owners of the Hard Rock Hotel & Casino Atlantic City, has more than 3,000 renters in his portfolio of properties, nearly all of which are located in New Jersey.
Morris, who quietly is involved in a lot of charities — including many that involve veterans, is hoping other property owners will follow his lead.
Read more here: http://www.roi-nj.com/2019/01/16/real_estate/jack-morris-owner-of-3k-plus-multifamily-units-in-n-j-says-residents-who-are-federal-employees-can-defer-rent-payment/