For all those New Yorkers at risk of foreclosure Mayor Bloomberg says, it's OK, you can pay your water bills late. His new program allows homeowners who already owe $1,000 in water bills to freeze their penalties and unpaid interest. The city will recoup the money when the properties are sold or refinanced, reports the Daily News. "What this is trying to do is to help people, not to bail out everyone. The city just can't do that," Bloomberg said. But daaad...
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2025. Donate today