Co-ops now eligible for forgivable PPP loans
By Rachel Sigmund McGinley Under the original Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in April 2020, Congress created the Paycheck Protection Program (PPP)...
Tag : Adam Leitman Bailey
The landlord-tenant implications of New York’s new Covid Emergency Law
By Dov Treiman. Partner at Adam Leitman Bailey, P.C. Introduction On December 28, 2020, the Governor signed into law the COVID-19 Emergency Eviction and...
How to evict commercial tenants in 2021 despite the moratorium
By Adam Leitman Bailey and John M. Desiderio This article addresses and updates the law 15 years later on the self-help remedy that enables commercial...
Landlord laws, tenant moratoriums; Where we are now
By Adam Leitman Bailey and Dov Treiman The Adam Leitman Bailey, P.C. landlord-tenant attorneys have been navigating the constant flow of changing laws and Executive...
City Council’s relief for Covid afflicted guarantors
On May 27, 2020, the New York City Council enacted Int. 1932/2020 into law, an ordinance that is “in relation to personal liability provisions of...
Expert calls newest COVID law a political stunt
Legal experts are warning that a new law aimed at protecting small businesses battered by the coronavirus is “unenforceable” and no more than a political...
Landmines borrowers and lenders need to avoid when negotiating abatement and deferrals
By Thomas Furst, partner, Adam Leitman Bailey PC In the midst of the current economic deep distress, there are, and will continue to be, countless...
Demolition one of last ways to deregulate a building
By Adam Leitman Bailey & Dov Treiman With the passage in June, 2019 of the HSTPA, owners are desperately seeking ways out of rent regulation...
How long can rental markets survive government meddling?
Rent-regulated buildings in NYC aren’t built with seniors’ safety or comfort in mind, despite the fact that countless older adults rely on them for shelter....
Steam blast has building owners in a stew
The steam pipe explosion that blew a crater into the middle of Fifth Avenue in the Flatiron District and spewed asbestos onto nearby buildings, cars...