Commercial tenants are getting a small reprieve from Gov. Andrew Cuomo.
New York’s moratorium on commercial foreclosures and evictions will be in place until at least Oct. 20, Cuomo announced on Friday. The moratorium was set to expire Sept. 30, but the governor signed a new executive order extending the ban for another month.
But the state allowed commercial eviction warrants to be issued beginning Sept. 4 for cases that commenced before March 17, and some of those cases may now proceed.
Under Cuomo’s original order from March, initiating a proceeding or carrying out a commercial eviction for nonpayment of rent, or foreclosing on a commercial mortgage due to nonpayment is off limits.
The initial moratorium on evictions also included residential evictions and foreclosures, but those provisions have not been renewed. The initial blanket protections have been replaced by state legislation, according to Cuomo’s executive