Mr Steven M Herman

Steven M Herman

Updates

Real Estate

COVID-19 update: executive order extending moratorium on commercial evictions until 1 January 2021
USA | 30 October 2020

New York Governor Andrew Cuomo recently signed a new executive order extending the state-wide moratorium on commercial evictions. The moratorium prohibits the enforcement of any eviction of any commercial tenant, or a foreclosure of any commercial mortgage, for non-payment of rent if the property is owned or rented by any individual who is eligible for unemployment insurance or benefits under state or federal law or otherwise facing financial hardship due to the COVID-19 pandemic.

COVID-19 update: CDC order temporarily halts residential evictions nationwide until 31 December 2020
USA | 25 September 2020

In response to the COVID-19 pandemic, the federal government, as well as many states, has enacted eviction and foreclosure moratoriums in an effort to keep homeowners and renters in their homes and slow the spread of COVID-19. Citing concerns with the continued spread of COVID-19, the Centre for Disease Control and Prevention recently issued a new order temporarily halting residential evictions nationwide until 31 December 2020 (unless extended).