WCRE COVID-19 Resource Center - Wolf Commercial Real Estate | South Jersey | Philadelphia

PPP Loan Forgiveness Application and Instructions

On Friday, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program...

NJ Beaches to Reopen with Restrictions

Beaches along the Jersey Shore and lakes will be open with some restrictions this summer as the state continues to...

Safe Harbor for PPP Loans Under $2Million

Today, the Treasury Department revised the FAQs for borrowers under the Paycheck Protection Program (PPP) by adding new FAQ #46....

PA Senate Passes Cocktails To Go Legislation

The Pennsylvania State Senate unanimously passed a bill Wednesday afternoon that would allow the sale of to-go cocktails, throwing a...

N.J. to Reopen Nonessential Stores for Curbside Pickup

New Jersey will allow nonessential businesses to reopen for curbside pickup and nonessential construction to resume, starting Monday morning, as...

House Unveils New $3 Trillion Coronavirus Relief Bill

House Democrats released their latest bill Tuesday designed to blunt the coronavirus pandemic’s devastating effects on the economy and health-care...

Largest Mall Owner to Open 50% of Centers

The biggest U.S. mall owner, Simon Property Group, said Monday that it plans to have roughly 50% of its properties...

The Latest PPP Loan Developments

The SBA Paycheck Protection Program (PPP) is the most significant small-business relief effort in modern history. A key component of...

NJ Executive Order to Establish Restart and Recovery Team

Today Governor Murphy signed Executive Order 140 establishing the formation of a statewide council of leaders to advise on New...

Pennsylvania Re-Opens 13 Additional Counties

Gov. Tom on Friday announced 13 additional counties will begin to reopen next week, none of which are in the...

NJ Jobless Claims Top 1 Million

New Jersey’s unemployment topped one million, according to the federal labor department Thursday, as the Murphy administration shovels through an...

Curbside Pickup for Retailers is Here to Stay

Curbside pickup for retailers is here to stay. A major U.S. shopping center owner is making curbside pickup a permanent...

Federal Reserve Updates Main Street Lending Program Guidance

The Federal Reserve Board issued initial guidance regarding its Main Street Lending Program on April 9, 2020, as authorized under...

State-By-State Re-Opening Schedules

Stay-at-home or shelter-in-place orders around country are being lifted in some states and extended in others as the coronavirus pandemic...

Rent is Due But When Will it Be Paid – A Landlord’s Perspective

In a time already referred to as the “retail apocalypse”, the novel coronavirus has brought much of the retail industry...

Update on CARES Act 2.0 – What You Should Know

Our friends at Duane Morris, LLP have put together a comprehensive guide to the 2nd round of Federal funding related...

Will COVID-19 Be the End of Open Office Spaces?

The Pandemic May Mean the End of the Open-Floor Office. As businesses contemplate the return of workers to their desks,...

Key Issues for Employers in the Coming Weeks

From the Employment Law Team at Hyland Levin Shapiro In these uncertain and confusing times, where regulation and guidance changes...

NJ Extends Various NJDEP Regulatory Deadlines

New Jersey Executive Order 136 (“EO 136”), issued by Governor Murphy on May 2, 2020, has extended various New Jersey...

How to Ensure Forgiveness of Your PPP Loan

Now that you have PPP funds, we at Abo and Company want to point out certain steps you should take...

Deductibility of Costs Paid with PPP Loans That Are Forgiven

On April 30, the IRS issued Notice 2020-32 addressing an important issue that was not covered explicitly in the CARES...

Architectural Walls in a Post Coronavirus World

How our work environments and the use of architectural walls will change due to the COVID‐19 pandemic is changing daily...

Philadelphia to Re-Open Construction Projects Friday

When construction resumes Friday in Philadelphia, no work will be allowed in units that are occupied, and all work will...

Governor Murphy to Re-Open NJ Golf Courses

Governor Phil Murphy said he will reopen state and county parks and golf courses, effective May 2, to bring New...