The Pennsylvania Department of Revenue has effectively increased the value of commercial real estate in many counties with its recent release of common level ratios, creating an opportunity for owners of retail, office,...more
If you are the owner of a retail, office, industrial or other commercial property in Pennsylvania, then now is the time to review the tax assessment for your property against its current market value. The COVID-19 outbreak...more
In the coming months, lenders that have extended loans to businesses that are struggling as a result of the COVID-19 pandemic may consider modifying existing loan arrangements rather than seeking legal remedies against...more
On May 1, 2020, the City of Philadelphia allowed certain construction projects to resume.
By an Executive Order signed April 29, 2020, the City announced that the following categories of projects were permitted to resume...more
With social distancing and mandatory closures, COVID-19 has caused a tremendous impact on businesses. Many commercial tenants have failed to pay April or May rent and some tenants are looking for rent abatements, rent...more
Pennsylvania Gov. Tom Wolf has signed Senate Bill 841, now known as Act 15 of 2020, into law, allowing remote notarization of documents, municipalities to meet by telecommunication devices and flexibility with property tax...more
The COVID-19 outbreak, and the requirement that non-life-sustaining and/or non-essential businesses shut down, is having a material impact on the ability of many commercial tenants to perform their obligations under their...more
Government mandates aside, tenants to a lease governed by Pennsylvania law may face an “uphill battle” to invoke force majeure protections — used to allocate risk that is considered beyond a party’s control — whether or not...more
In response to the COVID-19 pandemic, the City of Philadelphia Zoning Board of Adjustment (ZBA) and the Board of Licenses and Inspection Review (BLIR) have taken proactive steps to help mitigate potential community spread by...more