Update: New York State Legislative Session in Albany
July 24, 2020 – In an abnormal year due to the COVID-19 pandemic, this week the State Legislature met in Albany to conclude what was their normal session. This week was about wrapping up legislative priorities, as well as, passing bills needed for the functioning of local governments. Proposals of note that passed this week […]
Governor Cuomo Implements Three Strike Policy for New York City Restaurants
July 16, 2020 – Governor Cuomo announced a “three strikes and you’re closed” policy for restaurants and bars in New York City: any establishment that receives three violations of the social distancing requirements will be closed. Egregious violations can still result in the business’ immediate loss of its liquor license and/or a closure order. Additionally, […]
SBA and Treasury Release PPP Data
July 6, 2020 – Today, the U.S. Small Business Administration, in consultation with the Treasury Department, released data regarding the loans made under the Paycheck Protection Program (PPP). This disclosure covers each of the 4.9 million PPP loans that have been made. “The PPP is providing much-needed relief to millions of American small businesses, supporting […]
NYC Council Vote to Approve $88.19 Billion Budget and Reallocate NYPD Resources
July 1, 2020 – At last night’s Stated Meeting of the New York City Council, which ran into the early hours of this morning, Council Members voted to pass an $88.19 billion budget for FY 2021 — 32 in the affirmative, and 17 in the negative. The COVID-19 health crisis and related economic downturn; coupled with […]
Phase II Outdoor Dining Compliance & Enforcement Issues; Delay of NYC Entering Phase III
June 29, 2020 – Governor Cuomo’s announcement this morning that there are complications with New York City’s entering Phase III (which is currently anticipated to be on July 6) as a result of individuals and businesses not complying with social distancing requirements forebodes a delay in New York City’s entering Phase III and, consequentially, the […]
Executive Order Provides Relief for Tenants and Property Owners Impacted by COVID-19
June 16, 2020 – By Exec. Order 202.28 Landlords are prohibited from initiating commercial evictions by Governor Cuomo’s executive order. The original expiration of that prohibition was extended from early June to August 20, 2020. The tenant only has to show financial hardship. Executive Order 202.28 There shall be no initiation of a proceeding or enforcement […]
DHC Lawyers Represent L Brands, Inc. in Landlords & Tenants Negotiation
June 9, 2020 – Davidoff Hutcher & Citron’s Co-Managing Partner Larry Hutcher and Commercial Litigation Partner William Mack are representing L Brands, Inc. – the parent company to Victoria’s Secret and Bath & Body Works – in two litigation matters filed in the New York Supreme Court. The DHC lawyers have filed complaints seeking to […]
Changes to Loan Forgiveness Rules Under the Paycheck Protection Program
June 8, 2020 – DHC D.C. Update: U.S. Treasury Secretary Steven T. Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza issued the following statement today following the enactment of the Paycheck Protection Program (PPP) Flexibility Act: “We want to thank President Trump for his leadership and commend Leader McConnell, Leader Schumer, Speaker Pelosi, and Leader […]
Update: Governor Cuomo Announces Reopening Process for New York City
May 29, 2020 – Yesterday, in the State’s continuing response to the Covid-19 pandemic, Governor Cuomo issued an Executive Order authorizing businesses to deny entry to individuals who do not wear masks or face-coverings. The full order can be found below, however, it is important to note, that order only gives discretion to businesses to […]
Funding Opportunities for Businesses Impacted by COVID-19
May 29, 2020 – Dear DHC Client, In light of the current COVID-19 crisis, and ongoing discussions in Washington, D.C. about possible financial relief for New York – we thought it prudent to highlight, and in some cases remind you of funding opportunities for impacted businesses. Please do not hesitate to contact us directly should you […]
