Category: Latest News

Summary of Executive Order 202.31

On May 14, 2020, Governor Andrew Cuomo issued Executive Order 202.31 invoking new powers from a law passed to combat the COVID-19 pandemic to temporarily suspend or modify laws necessary to assist or aid in coping with a declared State disaster emergency. On March 3, 2020, the Governor signed into law legislation that expanded his … Continued

Negotiating Contracts in the Era of COVID-19

When it comes to negotiation, there are three pillars: knowing the deal, drafting the deal and protecting your clients. These three pillars will soon have a “COVID overlay” according to New York attorney Jill Pilgrim of Pilgrim & Associates.  Some of these COVID-19 considerations may in fact be “deal killers.” “COVID-19 is going to impact … Continued

The Time for Remote Co-op Closings Has Arrived

In the post-New York on Pause / pre-vaccine world that we may soon be entering, managing agents and cooperative apartment corporation boards should offer remote apartment closings as an option, if not the norm.

Who Can Reopen America?

With the nation beginning to gradually open after the lockdown due to the COVID-19 health crisis, knowing who has the ultimate constitutional authority to “reopen” the country’s economy has become increasingly important.