Amid the exponential increase of COVID-19 cases in the State of New York and, more specifically in New York City, Governor Cuomo issued an order requiring all “non-essential” construction in the State of New York to shut...more
Local, state and federal governments have taken unprecedented measures to control the spread of coronavirus (COVID-19), measures that will negatively impact the real estate industry in the state. Last week, New York Governor...more
3/24/2020
/ Business Closures ,
Commercial Leases ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Eviction ,
Executive Orders ,
Governor Cuomo ,
Landlords ,
Late Payments ,
Moratorium ,
Notice Requirements ,
Real Estate Investments ,
Residential Leases ,
Risk Mitigation
On March 23, 2020, New York Senate Deputy Leader Michael Gianaris introduced proposed legislation which, if adopted, would expand upon the unprecedented Executive Order issued by Governor Andrew Cuomo on March 20, 2020,...more
3/24/2020
/ Business Closures ,
Commercial Leases ,
Commercial Tenants ,
Eviction ,
Executive Orders ,
Financial Distress ,
Governor Cuomo ,
Landlords ,
Moratorium ,
Property Owners ,
Proposed Legislation ,
Rental Property ,
Residential Leases ,
Tenants
The impact of COVID-19 on construction and development is evolving each and every day. Issues have arisen, and will continue to arise, with respect to maintaining project schedules, safety concerns, and learning of and...more