October 27th, 2020

New York Extends Commercial Eviction and Foreclosure Moratorium and Reopens Movie Theaters

On October 20, 2020, Governor Cuomo extended through January 1, 2021 the New York Executive Order[1] prohibiting the initiation of a proceeding or enforcement of an eviction of any commercial tenant for nonpayment of rent or a foreclosure of any commercial mortgage for nonpayment of such mortgage.

Governor Cuomo is permitting movie theaters throughout New York State to reopen on October 23, 2020[2] at 25% capacity with up to 50 people maximum per screen with strict adherence with the New York State Department of Health guidelines[3]. However, those movie theaters in the New York City region, in counties with infection rates above 2% over a 14-day average, and in counties with red cluster zones -- will remain closed.

If you have questions about the updated real estate laws, or about any other real estate matters, please contact our Real Estate Group. 

[1] New York State Executive Order 202.70, 202.64 and 202.48

[2] New York State Executive Order 202.70

[3] https://www.governor.ny.gov/sites/governor.ny.gov/files/atoms/files/Movie_Theater_Detailed_Guidelines.pdf