DHC Newsletter – December 2020
January 6, 2021 – DHC’s Founding Partner Sid Davidoff wrote an open letter to President-Elect Joseph R. Biden in the New York Daily News, sharing his love for New York City and asking the Biden Administration to focus on the projects and policies that will help the City recover from the economic impacts of COVID-19. Davidoff, a former top aide […]
DHC Represents Hugo Boss in Lease Dispute
December 30, 2020 – New York Business Journal reported that Related Companies filed an emergency affirmation to collect $5.3 million in back rent from Hugo Boss and approximately $700,000 in monthly rent for the retailer’s store at The Shops at Columbus Circle, which has been shut down for six months due to state-mandated COVID relief measures. […]
Federal Stimulus Package
December 28, 2020 — Last night, President Trump signed the Consolidated Appropriations Act of 2021, releasing $900 billion in stimulus relief for the COVID-19 pandemic into the economy. DHC has prepared the following overview of the COVID-19 Relief Package, highlighting key provisions in the legislation impacting small businesses. Included in the legislation is eligibility for […]
DHC D.C. Update – What’s in the Federal Stimulus Package
December 21, 2020 — DHC D.C. Update: The House and Senate are set to vote Monday on $900 billion in pandemic relief aimed at boosting the U.S. economy into the early spring, combined with $1.4 trillion to fund regular government operations for the rest of the fiscal year. The bill includes help for small businesses, the […]
9 DHC Attorneys Honored as 2020 NY Metro Super Lawyers
9 DHC Attorneys Honored as 2020 NY Metro Super Lawyers October 30, 2020 – DHC is proud to announce that nine of our attorneys have been rated among New York’s top legal professionals in the 2020 edition of New York Metro Super Lawyers Magazine. Larry Hutcher, the firm’s Co-Managing Partner marks his sixth straight year on the list. […]
DHC Represents Hugo Boss in $8.3M Lease Renegotiation
October 13, 2020 – Law360 reported that Hugo Boss filed a lawsuit in New York State Court seeking to rescind the retailer’s $8.3 million per year lease at The Shops at Columbus Circle due in part to the fact that the mall was entirely shuttered for six months as a result of the COVID-19 pandemic, rendering its […]
DHC DC Update
September 15, 2020 – New effort in the stimulus negotiations from the Problem Solvers Caucus On Tuesday, a bipartisan group of House lawmakers put forward their own plan to deliver badly needed coronavirus relief amid a bitter stalemate between their party leaders. Founded in 2017, the Problem Solvers Caucus is an independent member-driven group in […]
SBA Announces New Reduced 504 Loan Debenture Rates
August 18, 2020 — The U.S. Small Business Administration announced updated interest rates for the 504 Loan Program offered by Certified Development Companies (CDC) allowing small businesses to apply for low interest rates offering 20 and 25-year interest rates at 2.214% and 2.269%. The SBA 504 Loan Program provides long-term financing to small businesses for […]
Client Alert: Misleading Reports on Commercial Leases
August 10, 2020 – By Larry Hutcher and William Mack. Last week, The Real Deal published a piece entitled “Win for Moinian is a bright spot for commercial landlords.” The article purported to report on a case captioned Backal Hospitality Group LLC v. 627 West 42nd Retail LLC, No. 154141/2020. Unfortunately, the author inaccurately and […]
Force Majeure Clauses And Commercial Leases
July 30, 2020 – DHC Partners Robert Rattet, Derek Wolman, and William Mack, with Of Counsel James Glucksman published an op-ed in the New York Law Journal discussing the application of the force majeure English common law doctrine – unforeseeable circumstances that prevent someone from fulfilling a contract – to modern contract law. The force majeure doctrine was used more than one hundred […]
