New measure protects restaurants, retailers who violate leases

The New York City Council on Wednesday approved a measure that would protect restaurants and retailers from certain legal action if they violate their leases. The measure, introduced by Manhattan Democrat Carlina Rivera, bars the enforcement of personal liability provisions in commercial leases or rental agreements. Under the bill, attempting to enforce such provisions — which allows landlords to go after tenants’ personal assets in the event of a lease default — would be considered

source https://therealdeal.com/2020/05/13/new-measure-protects-restaurants-retailers-who-violate-leases/