President-elect Joe Biden on Thursday outlined a $1.9 trillion emergency relief plan that would have major consequences for real estate and the economy at large. The proposal would extend a national moratorium on evictions and foreclosures to Sept. 30. The moratorium...
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Brooklyn Legal Blog
Kavanagh’s Back Rent Relief Bill
State Senator Kavanagh said that the amount of back rent owed throughout the state is between $2.5 billion and $3.4 billion, based on an estimate from the National Council of State Housing Agencies. "That's a large figure but it's not inconceivable that we could fully...
December 2020 Eviction and Foreclosure Bill
The Emergency Eviction and Foreclosure Prevention Act -- which was negotiated over days of conferences -- would immediately freeze all evictions and foreclosures for small property owners for two months. After the initial two-month freeze on all evictions and small...
State bill would soften blow for commercial tenants who break leases
On Wednesday, the state Assembly passed a bill that would require commercial landlords to minimize damages against a tenant who vacates their property before the lease expires. When a tenant breaks a lease, the bill would require landlords to “take reasonable and...
Safe Harbor Act
Provides that no court shall issue a warrant of eviction or judgment of possession against a residential tenant that has suffered a financial hardship for the non-payment of rent that accrues or becomes due during the COVID-19 covered period.The purpose of the Tenant...
Paycheck Protection Program
Previously on March 27, the CARES Act had been signed into law with $376 billion in relief for workers and small businesses. That funding was exhausted quickly. Now, small businesses, including law firms, have another opportunity to apply for loans and...
Coronavirus Aid, Relief and Economic Security (CARES) Act
In addition to providing a large cash infusion to hospitals and broader access to COVID-19 testing to individuals, the CARES Act aims to boost the economy with over $2 trillion in relief, ranging from individual rebates and small business loans to increased...
SBA Loans during Covid 19
Below you will find a Basic Overview of the SBA Loan Program, the NYC Employee Retention Grant Program.For additional information in applying for the within benefits, or assistance in the application process, please reach my firmBasic Overview of SBA loans: Can be...
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Lawyers of Distinction
The Lawyers of Distinction is pleased to announce that Adam Kalish of Brooklyn, has been certified as a member. The Lawyers of Distinction is recognized as the fastest growing community of distinguished lawyers in the United States. Lawyers of Distinction shall not...
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