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Court Order Nullifies Guidance Issued by the New York State Department of State Regarding the Collection of Brokerage Fees from a...

At the request of several brokerage advocacy groups, on February 4, 2020, the New York Department of State issued a memorandum entitled "Guidance for Real Estate Professionals Concerning the Statewide Housing Security and...more

Moratorium on All New York Commercial Evictions and Mortgage Foreclosures Extended to February 26, 2021 as New York State...

On January 27, 2021, New York Governor Andrew Cuomo issued Executive Order 202.92, which continued through February 26, 2021, all directives made by Executive Order 202, which was the initial COVID-19 disaster declaration...more

CDC Orders Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19

On January 29, 2021, the Centers of Disease Control and Prevention Department of Health and Human Services (“CDC”) issued Order Under Section 361 of the Public Health Service Act (42 U.S.C. 264) and 42 Code of Federal...more

Governor Cuomo Proposes Conversion of Hotels and Commercial Office Buildings

On January 19, 2021, Governor Andrew Cuomo proposed an amendment to the New York State Multiple Dwelling Law with the stated purpose of “authoriz[ing] flexibility in zoning to address high commercial vacancy rates and...more

National Defense Authorization Act for Fiscal Year 2021 - New Beneficial Ownership Reporting Requirements

On January 1, 2021, the National Defense Authorization Act for Fiscal Year 2021 (the “Defense Act”) was enacted. The Defense Act includes the Anti-Money Laundering Act of 2020 and the Corporate Transparency Act (“CTA”). The...more

Executive Order 202.70 Extends Moratorium on New York Commercial Evictions and Mortgage Foreclosures to January 2021

On October 20, 2020, New York Governor Andrew Cuomo issued Executive Order 202.70, which continued through January 1, 2021 the moratorium on initiating a proceeding or enforcement of (a) an eviction of any commercial tenant...more

New York Executive Orders 20264 and 66 and the Tenant Safe Harbor Act

On September 18, 2020, New York Governor Andrew Cuomo issued Executive Order 202.64, which continued through October 20, 2020 the moratorium on initiating a proceeding or enforcement of a) an eviction of any commercial tenant...more

Broad Moratorium on Residential Evictions Issued by the CDC Faces Judicial Challenge

On September 4, 2020, the Center For Disease Control (the “CDC”) issued a broad, nationwide, moratorium on residential evictions on the basis that it is an effort to prevent further spread of the COVID-19 virus. The order ...more

Preparation for Reopening Guidance for the Real Estate Professional

The COVID-19 pandemic has resulted in shuttered retail spaces and virtually empty office buildings as most employees worked remotely for a substantial period of time. In addition, a slew of new safety regulations are being...more

Impact of the COVID-19 Pandemic on Force Majeure Defenses Under New York Law

Force majeure is a defense to non-performance of contractual obligations because of an “act of God” event or other event beyond the parties’ control. The COVID-19 pandemic, declarations of emergency, and issuance of...more

CARES Act - Foreclosure Moratorium and Consumer Right to Request Forbearance

The federal CARES Act contains several provisions that provide assistance for borrowers of Federally backed mortgage loans who  are experiencing financial hardship because  of COVID-19.  A copy of the current legislation can...more

CARES Act - Forbearance of Residential Mortgage Loan Payments for Multifamily Properties with Federally Backed Loans

The federal CARES Act contains several provisions that assist borrowers of Federally backed multi-family mortgage loans who are experiencing financial hardship because of COVID-19.  A copy of the current legislation can be...more

CARES Act - Temporary Moratorium on Eviction Filings

The federal CARES Act contains several provisions that prevent the eviction of residential tenants of a certain buildings secured by Federally backed mortgage loans under several federal programs for a 120-day period. A copy...more

Retail and Consumer Goods Team Alert: 2020 VISION

With the turn of the calendar, the beginning of the new year, and the collective making of resolutions, it is also a good idea to understand the biggest legal risks that companies may confront in the near- and long-term....more

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