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Executive Order

Commercial Eviction Moratorium Extended

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The New York State moratorium on the Commercial Eviction Summary Proceedings was set to expire on October 20th, 2020. However, on that day, Governor Andrew Cuomo executed a new executive order … [Read more...] about Commercial Eviction Moratorium Extended

Commercial Guaranty Agreements Affected by COVID-19

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Both New York State and New York City continue to make changes to the law to deal with the impact of COVID-19.  On May 26, 2020, the Administrative Code of the City of New York was amended by Bill … [Read more...] about Commercial Guaranty Agreements Affected by COVID-19

Between a Rock and a Hard Place

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Following the onset of the COVID-19 pandemic, both landlords and tenants in New York City have struggled to know what comes next in terms of the payment of rent. Obviously, the pandemic has caused … [Read more...] about Between a Rock and a Hard Place

Force Majeure Clauses in New York

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Some seldomly used lease/contract defenses are beginning to come up in the aftermath of the COVID-19 crisis. The closing of restaurants, bars, and many other businesses in New York City has been … [Read more...] about Force Majeure Clauses in New York

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