You are reading

Cuomo Extends Commercial Eviction Moratorium Through End of Year

(Photo by Benedikt Geyer on Unsplash)

Oct. 21, 2020 By Allie Griffin

Governor Andrew Cuomo has extended the statewide moratorium on commercial evictions and foreclosures from Oct. 20 through to the end of the year.

He signed an executive order extending it Tuesday — the same day the emergency moratorium was set to expire.

Cuomo first announced a state moratorium on residential and commercial evictions on March 20 and has extended its end date several times since.

The extension of the commercial moratorium announced yesterday now aligns with end date of the residential eviction moratorium which was extended last month to the end of the year.

Cuomo said that the extension gives commercial tenants and mortgagors additional time to catch up on rent or their mortgage, or to renegotiate their lease terms to avoid foreclosure moving forward.

“The health and economic impacts of this pandemic have been devastating, and we are continuing to do everything we can to support people who are suffering,” he said.

Small businesses continue to struggle–particularly bars, restaurants and nightclubs.

According to a study released by the NYC Hospitality Alliance last month, 87 percent of New York City bars, restaurants and nightclubs couldn’t pay their full August rent. The trade group surveyed 457 businesses across the five boroughs for the study.

email the author: news@queenspost.com
No comments yet

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

Myrtle Avenue honors late BID founder with plaza co-naming

Jun. 30, 2025 By QNS News Team

Council Member Robert Holden and local leaders officially co-named the 71st Avenue Plaza at Myrtle Avenue as Herman Hochberg Plaza last week, honoring a longtime civic leader and businessman whose decades of service helped shape Ridgewood’s commercial and community landscape.

Resorts World officially submits bid to expand Queens casino into $5.5B full-scale resort

Resorts World New York City put all its chips on the table when it officially submitted its bid to the New York State Gaming Commission hours ahead of the Friday deadline, the latest step toward unlocking an eye-popping $5.5 billion vision to build a world-class integrated resort in Southeast Queens.

Building on fifteen years of community partnerships, the 5.6 million-square-foot proposal to expand the city’s only casino would create thousands of union jobs, generate billions of dollars for education and transit, and deliver a new era of inclusive growth for Southeast Queens and expansive public amenities.