On October 20, 2020, in response to the continued health and
economic hardships faced by New York business owners due to the
COVID-19 pandemic, Governor Cuomo signed a new executive order
extending the statewide moratorium on commercial eviction until
January 1, 2021. The new order extends an existing executive order
which prohibits the enforcement of any eviction of any commercial
tenant, or a foreclosure of any commercial mortgage, in each case,
for nonpayment of rent, if the property is owned or rented by any
individual that is eligible for unemployment insurance or benefits
under state or federal law or otherwise facing financial hardship
due to the COVID-19 pandemic.
Governor Cuomo had recently extended an existing moratorium on
residential eviction until January 1, 2021, and this order now
offers the same protections to commercial properties.