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NY State’s Ban on Commercial Evictions Extended to Jan. 1

Gov. Andrew Cuomo on Tuesday extended New York State’s moratorium on COVID-related commercial evictions and foreclosures through Jan. 1, 2021 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 health and economic impacts of this pandemic have been devastating, and we are continuing to do everything we can to support people who are suffering,” said Cuomo. “We are going to extend the commercial eviction and foreclosure moratorium through Jan.1. That will now align with our residential eviction moratorium so they are both extended to the same date.”   

Cuomo first announced a 90-day state moratorium on residential and commercial evictions on March 20. The commercial eviction and foreclosure moratorium was extended through August 20, Sept. 20 and Oct. 20 by executive order.

For comments, questions or concerns, please contact Paul Bubny

Connect

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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