Blog

New York City’s Offices Are Empty, How to Gamble on a Recovery

September 28, 2020 | Real Estate

It is unquestionable that the forced shutdown by COVID-19 sent devastating shockwaves throughout New York City. While some markets are steadily recovering, the commercial real estate market still has a long way to go...

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4 Reasons Why You Should Consider Buying Real Estate in 2020

September 28, 2020 | Real Estate

COVID-19 resulted in many of us overlooking the possibility that a large number of employees will work remotely well into 2021 and possibly even 2022. Currently, only 120,000 of the City’s office workers have...

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What to Do if Facing Eviction

July 14, 2020 | Landlord-Tenant

COVID-19 still impacting New York City and many are left with questions on what to do if they are evicted after Executive Order 202.28 expires on August 20, 2020. Expiring eviction freezes like Executive...

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What Will Happen to Large NYC Rents?

July 14, 2020 | Landlord-Tenant

When the stay at home orders were put on the city in March, much of the life and energy that made New York City was sucked away. People opted to “weather the storm” outside...

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What COVID-19 has done to New Development

July 14, 2020 | Landlord-Tenant

The COVID-19 pandemic has put a wrench in many long-term plans and new developments are no exception. New developments such as those in in Long Island City, Queens, a place where there was great...

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Real Estate & The Future of Work

July 14, 2020 | Real Estate

With the COVID-19 pandemic spiking in many states across the USA this past month, it has left our country with the impending question of what the future holds for everyone? Many believe that a...

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COVID-19 Pandemic Pushing People to Suburbs, Apartment Deals More Common

July 14, 2020 | Real Estate

Many New York City residents are moving into surrounding suburbs and exurbs in efforts to escape the coronavirus hotspot. What does this mass exodus mean for New York City real estate? The demand for...

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COVID-19 in New York City: The Issue of Unpaid Rent

July 2, 2020 | Landlord-Tenant

As New York City begins to open after months of shut down, landlords are hopeful about collecting unpaid rents that have accumulated due to COVID-19’s impact on tenants. Under Executive Order 202.28, landlords are...

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How Landlords Will Safely Re-Open?

July 2, 2020 | Landlord-Tenant

New York City landlords are taking drastic measures to safely re-open their buildings in phases. Most buildings in New York City are following CDC and State guidelines. Phase one, which started a few weeks...

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Will Office Buildings Be the Same After Covid-19?

July 2, 2020 | Real Estate

After nearly the entire American workforce was forced to work from their homes for a number of months, many companies now realize that work productivity can be maintained out of an office. As New...

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Chaves Perlowitz Luftig LLP