New York State Senate Bill 8125-A, introduced on March 23, 2020 by Senator Michael Gianaris (D), proposes to provide rent relief to New Yorkers affected by the outbreak of the coronavirus (COVID-19).
S.B. 8125-A would...more
On April 9, 2020, the Federal Reserve announced that it would be expanding the Term Asset-Backed Securities Loan Facility (TALF) to include triple-A-rated commercial mortgage-backed securities (CMBS) and static...more
One of the impediments to conducting “business as usual” while offices have shut down and work has transitioned to a remote environment has been the inability to properly execute financial and legal documents. This is...more
The Coronavirus Aid, Relief, and Economic Security Act (commonly referred to as the “CARES Act”) was enacted on March 27, 2020. The CARES Act is a nearly $2 trillion stimulus package aimed at combating the economic impact...more
On March 18, New York Governor Andrew Cuomo signed Executive Order 202.6 limiting non-essential business. Today, New York State expanded its guidance on Executive Order 202.6 to include construction as a non-essential...more