Extending temporary personal guaranty protection provisions for commercial tenants impacted by COVID-19.

A Local Law to amend the administrative code of the city of New York, in relation to extending temporary personal guaranty protection provisions for commercial tenants impacted by COVID-19

The bill would amend Local Law 98 of 2020, which temporarily prohibits the enforcement of personal liability provisions in commercial leases or rental agreements involving certain COVID-19 impacted tenants, to extend this protection from March 31, 2021 to June 30, 2021.