NYC Governor Andrew Cuomo extends New York’s pause on evictions until August 20 (Via EaterNY)
that restaurant reopenings wouldn’t begin until the third phase of the effort to reboot the economy — following construction and manufacturing in phase 1, and other businesses in phase 2. California Gov. Gavin Newsom, by comparison, has scheduled restaurant reopenings for phase 2 in that state, which has only a fraction of the COVID-19 deaths as New York.
Pushing the moratorium from June to August may also be helpful to unemployed restaurant workers; the $600 pandemic unemployment assistance payments they are eligible to receive every week will expire at theThough restaurants and unemployed workers won’t lose their spaces, the hospitality industry has been calling for more comprehensive action on rent, including abatement and forgiveness.
Without true rent forgiveness, restaurants will still be responsible for making rent payments that accrued during the time of the moratorium, a reality that many restaurateurs say they couldn’t financially handle. When asked about landlords struggling to pay mortgages, Cuomo responded that the state is “working on relief,” specifically from the banks.
For renters who use their security deposits as payment, they would repay that part of the lease over time, per one of the governor’s slides.
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