New York City Attorneys for Real Estate Issues Related to the Covid-19 / Coronoravirus Pandemic
Getting your business from a Purchase and Sale Agreement to closing can be nerve wracking in the best of times, but in the era of pandemic Coronavirus, known as Covid-19, there are nearly unlimited ways that a real estate transaction in New York can go wrong. The firm of Zelenitz, Shapiro & D’Agostino conducts hundreds of real estate transactions every year, including litigation. With so much that can go wrong in real estate deals today, don’t you need legal help you can trust?
Protect Your Business Real Estate Transactions from the Impact of Covid-19
Zelenitz, Shapiro & D’Agostino know the process, but we also know how Covid-19 / Coronavirus, and the many approaches that the pandemic is requiring from local, state, and federal authorities, may impact the leasing or purchasing process for you. For start-ups and businesses operating in or expanding into New York City, our firm capably delivers essential services like:
- Title and lien searches.
- Records review to ensure there are no violations pending at the Department of Housing, Preservation and Development.
- Record review with the Division of Housing and Community Renewal to ascertain rent controlled/rent stabilized/free market status.
- Contract drafting and review, including purchase and sale agreements.
- Registration check with the Division of Housing and Community Renewal and the Department of Housing, Preservation and Development.
- Mortgages and financing for real estate.
Covid-19 has injected a great deal of uncertainty into the lives and careers of New Yorkers. Our firm is here to make sure that real estate transactions can continue with as little delay as possible, and within not only existing guidelines, but any emergency measures that may be implemented at any level of government during and after the Coronavirus crisis. Some of the impacts are already foreseeable, and our experienced attorneys are available to handle cases involving breach of contract, rescission and reformation, and foreclosure and mortgage disputes.
Breach of Contract
We aggressively represent clients in conflicts tied to contracts, including real estate purchase agreements, licensing, leases, and similar. We are also fierce advocates for our clients in landlord / tenant contract disputes where lease violations are alleged, or where a landlord is alleged to have failed to provide services or repairs.
Rescission and Reformation
There are cases where, through misunderstanding or for other reasons, issues can best be resolved by simply reverting two parties to their original status by canceling the contract causing a dispute. This is known as rescission. Another approach in a contract dispute is reformation, which can be an appropriate remedy when a contract doesn’t do what one or both parties expected it to do. Rescission and reformation are exceptional tools to have when clients are comfortable negotiating a settlement and avoiding litigation. Our firm negotiates rescissions and reformation of contracts frequently. Ask us how we can help you find a quick and affordable solution in your contract dispute.
Foreclosures and Mortgage Disputes
It seems self evident that in the aftermath of the Covid-19 / Coronavirus crisis, many ordinary people will be struggling to pay rents and mortgages, and landlords may need forbearance from lenders for some time. Our firm is more than equipped to handle foreclosure actions on residential and commercial properties for clients on either side of the dispute.
Protecting NYC Tenant Rights During the Pandemic
New York City is taking extreme measures during the Covid-19 / Coronavirus outbreak that can make a huge difference for renters, co-op shareholders, and condo owners in the city. In the short term, New York’s housing courts are shuttered and there is a moratorium on evictions until the immediate crisis has passed. But what happens afterward?
If you are a residential or commercial tenant who had a case in housing court prior to the shutdown, you may still have options for relief. After the crisis, New Yorkers will be rebuilding their lives and livelihoods, and many will need help staying in their homes and getting landlords to deliver on repairs and other required services. Our firm provides skilled advocacy for tenants facing eviction, rent increases, building conversions, and negligent landlords.
Helping New York’s Commercial Tenants Move Forward From Covid-19
The future has never been less clear for the millions of commercial tenants operating in and around New York City. As we all battle the Coronavirus pandemic that’s gripped our region, countless business owners are wondering what’s next for them. In particular, many are pulling out the leases on the commercial property they do business from and wondering how they’re going to make everything work when we get back to business.
Our firm understands the gravity of the situation, and we are eager to work with business owner-tenants and the property owners they rent from to find accommodations to move New York forward. We represent our clients not only in disputes with property owners, but also in New York courts and administrative hearings. As we all come to terms with the challenge before us, understand that there is help available for your business.
We’re In This Together
New Yorkers are a resilient lot, but even so, the fallout from the Covid-19 / Coronavirus pandemic will be with us for years. At Zelenitz, Shapiro & D’Agostino, we are committed to doing our part to help New Yorkers and our economy recover. Call us today at 718-523-1111 to talk to an experienced New York real estate attorney about your needs in the days and months to come.