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Member Articles


PPP Loans: Does Your Cooperative Qualify This Time?

In the Consolidated Appropriations Act, 2021 (the Act), the Small Business Act was amended to make cooperative housing corporations eligible for PPP loans by way of an amendment to Section 7(a)(36)(A). Condominiums and H ...

Extended Deadline and Further £30m Waking Watch Fund Announced to Tackle Unsafe Cladding

Author: James Bessey The UK Government announced this morning (17 December 2020) that a new £30m waking watch mitigation fund will be made available to help tackle mounting costs for leaseholders. The Government has ...

Important Department of Buildings News on Temporary Certificates of Occupancy

Herrick’s Land Use & Zoning Team has learned that new legislation titled Intro. 2033 was approved by the New York City Council on December 10, 2020 that will remove bureaucratic hurdles in the development and move- ...

Amid the COVID-19 Pandemic, Valuable Investment Opportunities Remain in the New York Commercial Real Estate Market

Author: Yariv C. Ben-Ari It comes as no surprise that the COVID-19 pandemic has disrupted much within the business landscape globally. These challenges, in some ways, have been magnified within New York City. The City h ...

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