With the current state of the Covid-19 pandemic in New York, many people with landlords or mortgages face reduced hours, unemployment, and financial uncertainty. To mitigate the fear of losing your home as a tenant from of abiding by the current shelter at home guidelines, New York has issued orders changing the usual laws related […]
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How Do Landlords Properly Notify Tenants They Are Being Evicted in New York City?
Everyone knows New York City is a town predominantly filled with residents who rent or lease the place they live. However, not everyone knows what happens when a landlord decides they’re ready to be rid of a problematic tenant. Recent high-profile cases of refusal to pay rent in the city put a spotlight on the […]
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Who Isn’t Covered By New York’s Minimum Wage Requirements?
As of January 1, 2020, New York’s laws on minimum wage changed for many employers and employees. According to the New York Department of Labor, this is part of an annual increase that will continue, ending December 31, 2020 with the minimum wage statewide set at $15 per hour. Though there are different hourly rates […]
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Making the Best of a Bad Situation with Chapter 11 Bankruptcy in New York
With all the economic uncertainties, business disruptions, and massive layoffs happening right now, it’s common for businesses, corporations, and individuals to seek a solution for existing debt and a sudden lack of income. The full scope of COVID-19’s impact is not yet clear, but extensive quarantines, social distancing practices, and business closures have already hugely […]
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Force Majeure Defenses to a Contract in New York
When negotiating a business contract, smart companies try to include all possible defenses in the contractual language to excuse nonperformance through force majeure clauses. In situations such as the unexpected outbreak of the coronavirus (COVID-19), companies find themselves unable to do business as usual, produce as promised, or deliver on agreed upon deadlines. New York’s […]
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Speedy Trial Rights for Defendants When New York Criminal Courts Close
In consideration of the coronavirus pandemic sweeping the globe, government agencies all over the United States have taken drastic measures to avoid gatherings and encourage social distancing to prevent the further spread of the virus. In response to the evolving crisis, New York has dictated all non-essential state court functions be postponed until further notice, […]
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How Does the NBA’s Suspension of their Season Protect them from Lawsuit Liability?
As COVID-19 (coronavirus) spreads, the New York Knicks, along with the rest of the NBA, decided to suspend its season until further notice after a player tested positive for the virus. Though public health is a top priority and of great concern, the decision is also a strategic and legal decision to curb liability from […]
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What Do Real Estate Buyers in New York City Need to Know About Commission Rebates?
Buying property in New York City requires a lot of work – saving, searching, finding the right broker, and finally taking the plunge and purchasing real estate. This may seem like a dream come true, but in some cases the dream can get even better. Real estate brokers can enter a deal with the purchasers […]
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Lady Gaga’s Father Refusing to Pay the MTA Rent on His Grand Central Terminal Restaurant
In a lease- and rental-centric area like New York City, the importance of the landlord-tenant relationship can’t be overstated. The relationship establishes the rights, obligations, and details for parties involved in renting or leasing property; it should theoretically help avoid tenant lawsuits, eviction actions, and other legal suits. However, conflicts and questions arise when tenants […]
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Buying and Selling a Business in New York
Buying or selling a business in New York can be very profitable for everyone involved – if you take the steps to maximize sale benefits and reduce risk of loss or liability. There are many steps to take that evaluate and address all parts of the transaction and omitting or mishandling any one of them […]
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