If you are the owner of an early stage start-up, or considering up a start-up in New York, then the article below provided by attorney Gisella Levi Caroti, of Herzfeld-Rubin may be of some interest to you: New York State Offers Matching Investment Funds for Qualified Early-Stage Start-Ups On January 5, 2023, New York Governor […]
Effective throughout New York State on Sunday, March 22th, 2020, at 8PM EST, the governor has ordered a 100% workforce reduction to non-essential businesses[1]. This follows the guidance issued on Executive Order No. 202.6 6: Continuing Temporary Suspension and Modification of Laws Relating to the Disaster Emergency. As of the date and time listed above, […]
NYC will be providing financial assistance to small businesses located in NYC Mayor De Blasio announced on March 8th that the City will begin to provide financial assistance/relief to small business located in NYC (across the five boroughs) to mitigate any decrease in revenue caused by COVID-19.[1] The City has two programs small businesses can […]
Please find the following update from the New York State Department of Labor: COVID-19 Update: New Legislation to Assist New Yorkers Dear Employers and Business Owners: Governor Cuomo has signed legislation to provide immediate assistance to New Yorkers affected by COVID-19. This will assist New Yorkers who have been subject to a mandatory or precautionary […]
On Thursday, March 19, 2020, Governor Cuomo announced that banks in New York State will waive mortgage payments for 90 days and suspend foreclosures[1]. The waivers will be dependent on financial hardship (those affected by the outbreak, including but not limited to layoffs)[2]. Fees involved with late payments and overdraft on ATM and credit cards […]