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How To Navigate Commercial Lease Negotiations in the Hudson Valley     As an experienced commercial real estate attorney, I understand that commercial lease negotiations play a pivotal role in securing favorable lease agreements for property owners/landlords in today’s competitive commercial real estate market. Here are a few key insights we can help you work…

NYS’S COVID RENT RELIEF EXTENSION PROGRAM Residential tenants experiencing financial hardship due to the COVID pandemic and their landlords need to be aware that the application period for New York State’s COVID Rent Relief Extension Program extends through February 1, 2021. The program will provide eligible households with a one-time rental subsidy that will be sent…

Residential tenants experiencing financial hardship due to the COVID pandemic and their landlords need to be aware that the application period for New York State’s COVID Rent Relief Extension Program extends through February 1, 2021. On Monday the New York Legislature overwhelmingly passed one of the most comprehensive anti-eviction laws in the nation, which was signed…

CHANGES TO THE BANKRUPTCY CODE PROVIDES TIMELY RELIEF TO SMALL BUSINESSES Small businesses are the driver behind the Hudson Valley economy, but many are struggling to survive during the current Covid-19 pandemic. A recent US Chamber of Commerce poll showed that half of small businesses only have enough cash on hand to survive for one…

TIPS FOR LANDLORDS AND PROPERTY MANAGERS COPING WITH THE COVID-19 OUTBREAK IN NEW YORK With the unprecedented impacts of the COVID-19 pandemic, many landlords and property managers in New York are considering their options under existing leases to determine the best path forward.  Whether you’re a residential or commercial landlord or property manager for a…

PRO’S AND CON’S OF BANKRUPTCY CHAPTER 7 DURING COVID-19 With many families already struggling to pay their bills, the Coronavirus pandemic is likely to result in a record high number of bankruptcy filings[1]. Even with direct payments from the federal government, a lot of people will be forced to borrow heavily from credit cards to…

ATTENTION PROPERTY OWNERS OF RESIDENTIAL, MULTIFAMILY, AND INVESTMENT PROPERTIES Recent changes in landlord tenant-laws in New York have been impactful for property owners of residential, multifamily, and investment properties. Of particular significance has been the Housing Stability and Tenant Protection Act of 2019 (“HSTPA”), signed into law on June 14, 2019. HSTPA has impacted almost…

UNDERSTANDING THE IMPACT OF THE HOUSING STABAILITY AND PROTECTION ACT OF 2019 On June 14, 2019, the New York Housing Stability and Tenant Protection Act of 2019 (HSTPA) became law.  This law signifies a seismic shift in the balance of power between landlords and tenants, whereby the legislature has amended many parts of the state’s…

New Tenant Harassment Bill Signed Last week, Governor Cuomo signed legislation (A.6188/S.2605) protecting rent-regulated tenants by preventing landlords from creating unsafe, disruptive or uninhabitable conditions in an effort to force tenants from their homes. The previous law only provided protections to tenants who could demonstrate physical injury and did not take into account the conditions…

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