September 24, 2020 | Law.com
NYC Law Providing Relief for Commercial Tenants Faces Constitutional ScrutinyNew York City Mayor Bill de Blasio delivered another striking blow to property owners when he signed into law N.Y.C. Council Int. No. 1932-A (2020) on May 26, 2020. The new legislation prohibits landlords from enforcing personal guaranties on certain commercial leases for defaults occurring between March 7, 2020 and Sept. 30, 2020.
By Ian Steinberg
7 minute read
September 22, 2020 | Law.com
NYC Law Providing Relief for Commercial Tenants Faces Constitutional ScrutinyNew York City Mayor Bill de Blasio delivered another striking blow to property owners when he signed into law N.Y.C. Council Int. No. 1932-A (2020) on May 26, 2020. The new legislation prohibits landlords from enforcing personal guaranties on certain commercial leases for defaults occurring between March 7, 2020 and Sept. 30, 2020.
By Ian Steinberg
7 minute read
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