New York City Begins Accepting Building Loan Agreements and Mechanic’s Liens for FilingMay 20, 2020
As the region begins to look to a re-opening, the County Clerk's office in each New York City county has also recently started to accept more documents for filing, including Building Loan Agreements and Mechanic’s Liens. This is a welcome change because during the recent height of the COVID-19 pandemic in New York State, the only downstate counties that accepted such documents for filing were Nassau, Suffolk and Westchester Counties.
While each New York City county’s office continues to operate at limited capacity and is still closed to in person searching and filing, each of these offices has started to accept filings of Building Loan Agreements and Mechanic’s Liens by mail. Because of the backlog since the closure on March 20, delays are to be expected. However, with the reinstatement of these services, construction financing is finally expected to resume in New York City.
We are monitoring these developments and will issue additional alerts as more information becomes available. Please let us know if you have any questions.
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