On July 1, 2020, Governor Andrew Cuomo signed The Tenant Safe Harbor Act. Specifically, the Act addresses forgiveness of rent for the “COVID-19 covered period,” although the Act does not forgive rent … [Read more...] about The Tenant Safe Harbor Act
Tenants
COVID-19 and the Doctrines of Impossibility and Frustration Of Purpose
As New York City struggles to adjust to life after the onset of COVID-19, both landlords and tenants are left to put their lives back together again. We don't know whether the way people did business … [Read more...] about COVID-19 and the Doctrines of Impossibility and Frustration Of Purpose
Between a Rock and a Hard Place
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
Are the Legal Rents in Your Building Lawful?
Whether you’ve just gone through the due diligence process following the purchase of a building, or have been a building owner for years, I always suggest extensively reviewing a building’s legal rent … [Read more...] about Are the Legal Rents in Your Building Lawful?