ALBANY (WCBS 880) — Businesses and restaurants that have been unable to pay their rent amid the pandemic won’t face eviction for at least another month, Gov. Andrew Cuomo announced Monday.
In an executive order, the governor announced an emergency moratorium on evictions and foreclosures for commercial tenants would be extended until Oct. 20.
“The pandemic remains far from over, and we need to continue protecting the business owners supporting their families amid restrictions necessary to protect the public health,” Cuomo said. “That’s why it’s the right decision to extend the eviction ban for commercial tenants another 30 days.”
Cuomo first announced the state moratorium on residential and commercial evictions on March 20, to ensure no tenant was evicted during the height of the public health emergency.
The extension comes as hundreds of restaurant owners across the five boroughs say they cannot afford rent for the month of August.
According to a new poll by the New York City Hospitality Alliance, 87% of respondents say they couldn’t pay August rent in full. It also found 60% of landlords still haven’t waived rent during the COVID-19 pandemic.
The number hasn’t changed much over the summer, even with outdoor dining in full swing, according to the Alliance.
Of the 40% of business owners who said their landlord waived rent, the majority of those owners were still expected to pay 50% of rent.
Around 90% of respondents also said their landlord was not willing to renegotiate their lease amid the pandemic.
Indoor dining in the city is set to start next week. Though with a 25% capacity limit, it likely won't do much to solve the industry's financial issues.
For residents in New York that cannot make rent payments, the governor signed the Tenant Safe Harbor Act on June 30 and additional legislation to provide financial assistance to renters and homeowners.
Cuomo also has provided additional protections for residential renters from charges for late payment of rent, and allowed tenants to use security deposits to pay rent.