By Claude G. Szyfer and Daria D. Anichkova
As part of the suite of laws seeking to provide protections to commercial tenants during the pandemic, the City Council passed N.Y.C. Admin. Code §§22-902(a)(14) and 22-1005, which prohibited enforcement of personal guaranties for tenant defaults occurring between March 7, 2020 and June 30, 2021 (the “Guaranty Law”).
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