Eviction Moratorium Extended thru Sept 20, 2020
Governor Andrew M. Cuomo today signed an executive order extending the state's moratorium on COVID-related commercial evictions and foreclosures an additional month, until September 20th. This measure extends protections already in place for commercial tenants and mortgagors in recognition of the financial toll the pandemic has taken on business owners, including retail establishments and restaurants. The extension of this protection gives commercial tenants and mortgagors additional time to get back on their feet and catch up on rent or renegotiate their leasing terms to avoid eviction proceedings and foreclosures moving forward.
To read the full press release, please click here.