New York Moratorium on Residential and Commercial Evictions Extended Through August 20, 2020
Client Alert | May 7, 2020
On May 7, 2020, New York Governor Andrew Cuomo announced that the state’s moratorium on residential and commercial COVID-19-related evictions will be extended through August 20 and that new rent relief measures will be imposed.
Executive Order 202.8, which established the eviction moratorium, was signed by Governor Cuomo on March 20, 2020. Among other measures, the order placed a stay on all residential and commercial evictions. This provision of the order, which was set to expire next month, will be extended an additional 60 days through August 20.
In addition to extending the eviction moratorium, Governor Cuomo announced two additional measures to protect renters. First, the state is banning late payments or fees for missed rent payments during the eviction moratorium period. Second, the state will allow renters facing COVID-19-related hardships to use their security deposit in place of rent payments. During his May 7, 2020 daily press briefing, Governor Cuomo stated that renters will be required to repay the deposit “over a prolonged period of time.”
A press release announcing these measures was published on May 7, 2020. At this time, no new Executive Order has been issued.
___________________________
Gibson Dunn’s lawyers are available to assist with any questions you may have regarding developments related to the COVID-19 outbreak. For additional information, please contact any member of the firm’s Coronavirus (COVID-19) Response Team, or the following authors:
Mylan Denerstein – New York (+1 212.351.3850, [email protected])
Andrew A. Lance – New York (:+1 212.351.3871, [email protected])
Emily Black – New York (+1 212.351.6319, [email protected])
Stella Cernak – New York (+1 212.351.3898, [email protected])
Doran Satanove – New York (+1 212.351.4098, [email protected])
© 2020 Gibson, Dunn & Crutcher LLP
Attorney Advertising: The enclosed materials have been prepared for general informational purposes only and are not intended as legal advice.