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
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Commercial Leases ,
Financial Services Industry ,
Landlords ,
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Loan Documentation ,
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Pending Legislation ,
Real Estate Transactions ,
Regulatory Agenda ,
Rent ,
Rental Property ,
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Small Business ,
State Legislatures
The Situation: With the changes proposed to taxation of commercial real estate and residential rent control on the 2020 ballot, the real estate landscape may be changing in California.
The Result: Propositions 15 and 21,...more