COVID-19 Rent Moratorium Does Not Excuse Landlord From Paying Building Mortgage

( March 18, 2025, 9:12 AM EDT) -- BROOKLYN, N.Y. — Concluding that a building owner being legally prevented from collecting rents during the COVID-19 pandemic did not excuse his obligation to pay loans on his multifamily building, a New York federal magistrate recommended that the lenders’ motions for summary judgment, default judgment and judgment of foreclosure be granted....