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NYC Law Providing Relief for Commercial Tenants Faces Constitutional Scrutiny

New York City Mayor Bill de Blasio delivered another striking blow to property owners when he signed into law N.Y.C. Council Int. No. 1932-A (2020) on May 26, 2020. The new legislation prohibits landlords from enforcing personal guaranties on certain commercial leases for defaults occurring between March 7, 2020 and Sept. 30, 2020.

7 minute read September 01, 2020 at 12:07 AM
By
Ian Steinberg
NYC Law Providing Relief for Commercial Tenants Faces Constitutional Scrutiny

New York City Mayor Bill de Blasio delivered another striking blow to property owners when he signed into law N.Y.C. Council Int. No. 1932-A (2020) on May 26, 2020.

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