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Holland & Knight LLP

The Ongoing Effects of COVID-19 in Landlord-Tenant Law

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New York City enacted Administrative Code Section 22-1005, known as the "Guaranty Law" prohibiting enforcement of personal guaranties supporting commercial leases, in May 2020. The law applies to defaults that occurred...more

Harris Beach PLLC

New York Extends the Moratorium on COVID-related Commercial Residential Evictions and Foreclosure Proceedings Until August 31,...

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On Tuesday May 4, 2021, Governor Cuomo signed an extension of the “COVID-19 Emergency Protect Our Small Businesses Act of 2021” (collectively, the “Act”) prohibiting residential and commercial evictions, foreclosure...more

Morrison & Foerster LLP

New York State Passes Legislation To Extend Eviction And Foreclosure Relief For Small Business Commercial Properties

On March 9, 2021, New York Governor Andrew Cuomo signed into law the New York State COVID-19 Emergency Protect Our Small Businesses Act of 2021 (S471A/A3207) (the “Act”). After a full year of commercial tenants and commercial...more

Harris Beach PLLC

Help or Harm? New Legislation Aimed at Helping Tenants and Borrowers Impacted by COVID Causes Concern for Landlords and Lenders

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In his recent State of the State Address, New York Governor Andrew Cuomo indicated a desire to stay mortgage foreclosures, commercial evictions and foreclosures through May 1, 2021. On March 9, 2021, the Governor’s desires...more

Morrison & Foerster LLP

New York Commercial Eviction Moratorium Extended Through January 31, 2021

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New York State has extended the moratorium on commercial evictions and foreclosures through January 31, 2021. Governor Andrew Cuomo’s Executive Order 202.81 extends the previous deadline of January 1, 2021...more

Harris Beach PLLC

NYC Extends Moratorium on Enforcement of Personal Guarantees of Commercial Leases Affected by COVID-19

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On Sept. 23, 2020, the New York City Council amended the personal guarantor provisions of Local Law 55 of 2020, which went into effect on May 28, 2020 and was designed to protect businesses affected by Gov. Andrew Cuomo’s...more

Kilpatrick

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

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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

Harris Beach PLLC

NY Moratorium on COVID-Related Commercial Evictions and Foreclosures Extended Through the End of 2020

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By Executive Order 202.70, New York Gov. Andrew Cuomo has further extended – through Jan. 1, 2021 – the moratorium prohibiting the initiation of a proceeding or enforcement of (i) an eviction of a commercial tenant for...more

Morrison & Foerster LLP

New York Extends Commercial Eviction And Foreclosure Moratorium

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On October 5, 2020, New York Governor Andrew Cuomo signed Executive Order 202.67, extending the moratorium on commercial evictions and foreclosures through November 3, 2020...more

Morrison & Foerster LLP

New York State Extends Protections For Commercial And Residential Tenants And Mortgagors

On September 18, 2020, New York Governor Andrew Cuomo signed Executive Order 202.64, extending the moratorium on evictions and foreclosure actions against commercial tenants and owners facing financial hardship due to...more

BCLP

U.S. COVID-19: Protective Tips for New York Landlords and Tenants During COVID-19

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As New Yorkers grapple with the economic consequences of COVID-19, landlords and tenants must evaluate their relationship from a novel perspective. On March 7, 2020, Governor Cuomo issued Executive Order 202, which declared a...more

Goulston & Storrs PC

New York’s “Tenant Safe Harbor Act” – Extended Restrictions Signed into Law

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On June 30, Governor Cuomo signed the Tenant Safe Harbor Act (Chapter 127 of the Laws of New York, 2020) (the “Act”) into law, prohibiting evictions of residential tenants, but allowing money judgments for nonpayment of rent,...more

Morrison & Foerster LLP

New York Tenant Safe Harbor Act Extends COVID-Related Eviction Protections For Residential Tenants

On June 30, 2020, New York Governor Andrew Cuomo signed into law the New York Tenant Safe Harbor Act (the “Act”). The Act (S.8192B (Hoylman)/A.10290B (Dinowitz)), sponsored by New York State Senators Brad Hoylman and Liz...more

Harris Beach PLLC

Changing Landscape of Evictions in Light of New Administrative Law Order

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First the Governor and now the Courts have moved the goal posts with respect to bringing and enforcing eviction actions against delinquent residential and commercial tenants in New York. Most recently, pursuant to an...more

Hinshaw & Culbertson - Consumer Crossroads

Governor Cuomo Extends New York Mortgage Foreclosure Moratorium, But With Exceptions…

On May 7, 2020, New York Governor Andrew Cuomo issued Executive Order 202.28, which provides further temporary relief measures for tenants facing an eviction. The order also directly impacts mortgage loan holders, servicers,...more

Tarter Krinsky & Drogin LLP

New York Extends Moratorium On Evictions And Tolling Of Statute Of Limitations

On May 7, 2020, New York State Governor Andrew Cuomo signed Executive Order No. 202.28 (the Executive Order), extending the existing moratorium on evictions and foreclosures for an additional 60 days. The Executive Order also...more

BakerHostetler

New York Governor Extends Relief for Commercial and Residential Tenants

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On May 7, 2020, the governor of the state of New York, Andrew M. Cuomo, issued Executive Order No. 202.28 – Continuing Temporary Suspension and Modification of Laws Relating to the Disaster Emergency (EO 202.28 or the...more

Rivkin Radler LLP

Landlords: Take These Steps Now to Preserve Your Income

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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

Rivkin Radler LLP

Proposed NY Bill to Offer Relief to Both Owners and Tenants

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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

Harris Beach PLLC

Municipal Solar Procurement Toolkit Supports Project Development on Underused Land

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There’s a bright side to everything, even landfills and brownfields; and now municipalities have a toolkit to reveal it. This week, the New York State Energy Research and Development Authority (NYSERDA) announced a new...more

Eversheds Sutherland (US) LLP

New York Governor’s Budget Proposes Radical Tax Changes

New York Governor Andrew Cuomo introduced his 2015-2016 budget and accompanying legislation on January 19, 2015 (the 2015 Budget Bill). If enacted, New York’s tax law will be significantly altered for the second time in two...more

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