COVID-19 Presentations

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Navigating Landlord-Tenant Law in a COVID-19 World

residential buildingsBy David Goldfischer, Esq. Landlord/Tenant Rent Regulation Group Practice Lead

Regulatory Changes

  • NYS has issued a moratorium on all eviction proceedings through August 20th.
  • NYC Housing Court is only accepting “essential applications” such as landlord lockouts, serious housing code violations, and repair orders.
  • In addressing “essential applications”, judges will exercise judicial discretion in a manner designed to minimize court appearances and general traffic in the courts.

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Landlord-Tenant Law FAQ Sheet

residential buildingBy David Goldfischer, Esq. Landlord/Tenant Rent Regulation Group Practice Lead

  1. Can a tenant be evicted if there is pending eviction date?
    No, the State placed a moratorium on all evictions through August 20th. This applies to both residential and commercial tenants.
  2. Has the State issued a freeze/suspension for monthly rental payments?
    No, currently there is only a suspension for homeowners unable to make mortgage payments due to COVID-19.

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How To Navigate Closings, Deals In Contract And New Deals In The COVID-19 World

commercial real estateBy Andrew Luftig, Esq., Partner

General Guidance to Agents

  • Use this time as an opportunity to reach out to your existing and past clients to say hello, ask how they are, provide support, and educate them on what you are seeing in the market.
  • As per the new regulations, you are currently not allowed to Cold Call, so focus on your current network and social platforms.
  •  Position yourself now for success once COVID-19 is over. The market was active pre-COVID-19 and there will be activity post-COVID-19.  Remember NYC is resilient!

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Estate Taxes Impact on Family Businesses and Heirs

filing estate taxesFor taxpayers concerned about how estate taxes will impact their family businesses and heirs it may be the perfect time to plan your estate.

The majority of popular business succession/wealth transfer strategies thrive in environments where asset values have been decreased, and interest rates are low.

Both of these elements are present right now at historical levels.

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