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.
The letter reads as follows:
To our valued residents:
As the nation endures its longest partial government shutdown in history, Edgewood Properties and M & M Realty Partners want to help our residents who have been affected by this disruption.
If you are an unpaid government employee, we understand how difficult it will be for you to pay your rent while providing the other necessities for you and your family.
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.
Simply provide proof to your property manager that you are an unpaid federal employee and we will take care of the rest.
Edgewood Properties tries its hardest to take into consideration unforeseen circumstances such as these.
Sincerely,
Jack Morris, President and CEO, Edgewood Properties Inc.
