News & Press

Coronavirus PPP Exclusion Puts Landlords in Financial Jeopardy

May 20, 2020

“Many landlords still had to have essential building personnel at their properties to maintain them in good repair and working order as well as keeping the tenants safe,” Marc Wieder, a partner at Anchin, Block & Anchin LLP, said in a statement to FOX Business. “Why did the SBA and Treasury make landlords and even more specifically apartment buildings ineligible for PPP loans, when all residents were being quarantined, meaning that all apartment buildings were fully occupied, more of a reason to have building personnel on duty and therefore still employed?”

Read the complete article on Fox Business