By Joseph Spector
ALBANY – New York businesses will have a little more time to avoid evictions from their offices due to COVID-19.
Gov. Andrew Cuomo signed an executive order Tuesday extending the state’s moratorium on COVID-related commercial evictions and foreclosures through Jan. 1.
The measure was set to expire, and it protects commercial tenants and mortgagors in the face of the economic toll caused by the pandemic, including retail establishments and restaurants.
Cuomo said the executive order gives businesses additional time to get back on their feet and catch up on rent or their mortgage or to renegotiate their lease terms to avoid foreclosure.
The move aligns the state with residential eviction moratorium, which was also recently extended until Jan. 1.
The Chronicle Express