In an effort to protect small businesses from high rents, on June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents. As of this writing, this...more
7/25/2025
/ Borrowers ,
Commercial Leases ,
Financial Services Industry ,
Landlords ,
Lenders ,
Loan Documentation ,
Loans ,
Mortgages ,
New York ,
Pending Legislation ,
Real Estate Transactions ,
Regulatory Agenda ,
Rent ,
Rental Property ,
Rental Rates ,
Small Business ,
State Legislatures
On June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents....more
7/18/2025
/ Borrowers ,
Consumer Financial Products ,
Contract Terms ,
Financial Services Industry ,
Landlords ,
Lenders ,
Loan Documentation ,
Loans ,
Mortgages ,
New York ,
Pending Legislation ,
Public Policy ,
Real Estate Market ,
Real Estate Transactions ,
Regulatory Agenda ,
Regulatory Reform ,
Rent ,
State and Local Government