Coronavirus

A Stigmatized Sector—Our Outlook for U.S. Hotel Investments
By William Pattison, Reginald Ross, Michael Steinberg and Austin Iglehart Editor’s Note: The following article is reprinted with permission

New York City Tourism Industry Hit Hard By Pandemic, Visitor Spending Fell 73%
NEW YORK—The COVID-19 pandemic abruptly halted tourism in New York City, one of the world’s top tourist and

LEGAL CORNER: The State of Eviction and Foreclosure Bans in New York and at Federal Level
On May 4, 2021, Gov. Andrew Cuomo signed legislation (see https://bit.ly/2RIW8bq) extending the statewide ban on certain

BARRISTER'S BRIEFING: Remain COVID Compliant: There’s Light Up Ahead, But We’re Not Done Yet
As of early May 2021, nearly 48% of all New York State adult residents have received at least one dose

Legislature Approves Skoufis-Paulin Bill that Provides Rent Relief to Small Landlords
ALBANY—A bill (A07280, S06481) sponsored by State Assemblywoman Amy Paulin (D-Scarsdale) and Senator James Skoufis (D-Newburgh, Garnerville) recently passed

Governor Signs Extensions of Residential, Commercial Evictions and Foreclosure Moratoriums
ALBANY—On May 4, New York Gov. Andrew M. Cuomo signed an extension of the COVID-19 Emergency Eviction and Foreclosure

PPE Manufacturer Signs Large Lease Deal in Rockland County
PEARL RIVER—Rockland County Executive Ed Day and Economic Development Director Jeremy Schulman reported today that NY Critical Materials LLC,

Developers, Investors Advance New Projects In CBDs in Hudson Valley’s Major Cities
While the pandemic brought portions of the region’s economy to a halt in March 2020, the development activity in

LEGISLATIVE AFFAIRS: April Legislative Update
It is April, which means it is the state budget deadline. The budget was already a few days late when

Governor Cuomo Signs Bill Establishing Eviction Protections for Small Businesses
ALBANY—Governor Andrew M. Cuomo on March 9 signed the COVID-19 Emergency Protect Our Small Businesses Act of 2021 that

LEGISLATIVE AFFAIRS: Cuomo Targeting Enhanced STAR Deduction
The Enhanced STAR program for seniors (65+) is under attack again in the governor’s proposed budget. This could negatively

PUTNAM POSTING: Rethinking Regulations Could Spur Organic Growth in Putnam County
This devastating pandemic has resulted in so many lives lost, others negatively impacted, and businesses have taken a wallop. Landlords