The closure of local recorders’ and county clerks’ offices in the wake of COVID-19, and the prospect of future closures, has had a profound effect on commercial real estate transactions. This is particularly true in New York...more
3/27/2020
/ Borrowers ,
Business Interruption ,
Construction Project ,
Enforcement ,
Executive Orders ,
Government Shutdown ,
Lenders ,
Loans ,
Mechanics Lien ,
New York ,
State and Local Government
In the next couple of weeks, landlords will know who can pay rent. In April, lenders will know which landlords can pay their mortgages. No one knows how long the pandemic and revenue disruption will last. In the interim, a...more