Tuesday, 20 October 2020

Commercial eviction and foreclosure ban extended until January

Landlords looking to boot non-paying commercial tenants will have to wait until the new year. New York’s moratorium on commercial evictions and foreclosures due to non-payment of rent will be in place through Jan. 1, 2021, Gov. Andrew Cuomo announced in a press conference Tuesday. The governor can only extend the ban for 30-day periods — meaning the latest order will need to be renewed again on Nov. 19. A spokesperson for the governor’s office



source https://therealdeal.com/2020/10/20/commercial-eviction-and-foreclosure-ban-extended-until-january/

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