date: September 01 2019 title: Tenant Leasing Illustrated – September 2020 – Neanderthals and Your Lease Guaranty url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-september-2020-neanderthals-and-your-lease-guaranty excerpt: The New York City Administrative Code has been amended to try to relieve the harm to certain retail businesses that have complied with Executive Orders with respect to COVID-19. The law makes certain guaranty provisions unenforceable against natural persons who are liable for payment of a tenant's rent due to lease defaults between March 7, 2020 and September 30, 2020. Enforceable? Who knows. But similar laws are undoubtedly cropping up around the country and, if nothing else, can be a helpful bargaining chip when a guarantor is negotiating with its landlord. In today's issue, we provide four items to keep in mind with respect to these laws.