Governor Cuomo Signs Executive Order Extending Moratorium On COVID-Related Commercial Evictions Through January 1

Posted to Applied Web NY on Tue, 10/20/2020 - 17:43

Governor Andrew M. Cuomo today signed an Executive Order extending the state's moratorium on COVID-related commercial evictions and foreclosures through January 1. 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 their mortgage, or to renegotiate their lease terms to avoid foreclosure moving forward.   

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