News Archive 2020 BK
Larry Hutcher Comments on TikTok’s Times Square Lease
July 8, 2020 – Larry Hutcher, Co-Managing Partner at DHC, spoke to The Real Deal about the possibility that the federal government could ban TikTok, the popular video sharing app, from operating within the United States. He noted that the social media company could argue for the termination of its Times Square
Malito & Goldstein Pen Op-ed in Westchester Co. Bus. Journal
July 7, 2020 – DHC New York State Government Relations Chair Steve Malito and New York City and Westchester County Government Relations Chair Arthur Goldstein co-authored an op-ed in the Westchester County Business Journal explaining the impact the COVID-19 pandemic has had on nonprofit organizations. The pandemic, which resulted in strict lockdowns and the shuttering of many
William Walzer Speaks to Bankrate about Purchasing a Home
July 6, 2020 – Partner William Walzer of DHC’s Real Estate practice group spoke to Bankrate about the advantages and disadvantages of purchasing a home without a real estate agent. Walzer explained that homeowners who don’t use an agent typically save about 3% of the selling price. But agents are a very useful resource in recommending the listing price, in negotiating the terms of a deal, and in preparing the mortgage application and gathering other
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
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
DHC Newsletter – June 2020
Landlords and Tenants Negotiating and Making Deals DHC’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 State Supreme Court. DHC has filed complaints seeking to