New York tenants are set to be handed a further lifeline, while many landlord and lenders are in great peril after New York City agreed to extend its ban on residential evictions. The New York Legislature passed a comprehensive anti-eviction law barring commercial and residential evictions. The bill blocks landlords
Continue readingTag: NY Real Estate Law
Eviction Moratorium on Commercial & Residential Rents set to continue in New York until 2021
The Big Apple continues to present new opportunities to both new entrepreneurs entering the market and the established players who continue to call New York City home. No one is denying that we are all doing it tough. Commercial tenants have been put through the wringer with mandatory enforced business
Continue readingTermination of New York Commercial Leases based on Violation of New York Law
New York landlords may terminate a commercial lease agreement based on a tenant utilizing a leased premise for a violation of New York or U.S. Federal Law. A recent NY court holding leads credence to the understanding that even a single violation of law related directly to the illegal use
Continue readingWhat Brexit Means For The New York Real Estate Market
With the shocking news breaking that the United Kingdom has voted to leave the European Union, many New York businesses who transact business internationally, or who cater to an international clientele here at home are left to wonder what Brexit means for them. For the real estate market, the effects
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