Rental Abatements of Commercial Leases during New York Coronavirus Lockdown based on the Legal Doctrine of Commercial Frustration/Frustration of Purpose

New York Commercial Tenants, because of New York State mandatory business shutdown rules were, in many cases, locked out or otherwise not able to completely utilize their rental properties for a period of time because of these government lockdowns. Many NY commercial tenants are filing to New York court to

Continue reading

NYC Landlords Sue To Overturn Second Year Of Imposed Rent Stabilization Freeze

New York City landlords want the courts to intervene on the rent freeze on rent stabilized units that takes effect for second straight year.  According to the Courthouse News Service, four landlords, Benson Realty LLC, Danielle Realty LLC, Milagros Huertas and Marilyn Percy, and the Rent Stabilization Association, a trade

Continue reading