COVID-19 Updates

NRDC Offices

Over the past few weeks, like you we have had to face unprecedented challenges on how we conduct business. Although our offices are closed, we have taken the necessary steps to care for our employees and facilitated resources for them to work effectively from the safety of home.

Our responsibility to our tenants, partners, and customers are still at the forefront our mission and we have implemented important changes to ensure that all inquiries are answered in a timely manner and day to day operations are still in-tact. Our team looks forward to continuing to service your needs and we will get through this and come out stronger than before.

Tenant Communication

National Realty & Development Corp. is here to answer and questions, concerns or emergency related matters. Please reach out to our Property Operations Department at 914.272.8040 or manager@nrdc.com.

For all emergency issues at the property level, all New Jersey tenants can contact Charles Bryant, Director of Maintenance Services directly at 732.433.2471.

CARES Act & COVID-19 Small Business Resource Center

Our nation and our economy are facing an unprecedented crisis. Federal & State Governments are marshalling their full resources to help companies continue to operate and keep paychecks flowing to American workers and families, while mobilizing the business community to combat the pandemic. On Friday, March 27, 2020, the President signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses. You are encouraged to research these programs to determine which might be of assistance to your business.

  • The Paycheck Protection Program (PPP) is providing small businesses with the resources they need to maintain their payroll, hire back employees who may have been laid off, and cover applicable overhead.
  • The Economic Injury Disaster Loan (EIDL) provides vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing as a result of the COVID-19 pandemic.
  • The Employee Retention Credit is available to all employers, regardless of size of business, and covers up to 50 percent of up to $10,000 in wages.  
  • The Families First Coronavirus Response Act (FFCR) provides small and midsize employers refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing paid sick and family leave wages to their employees for leave related to COVID-19.
  • The Main Street Lending Program (MSLP) was established by The Federal Reserve to provide support for small and mid-size businesses by offering 4-year loans to companies if they meet either of the following conditions (1) employing 15,000 workers or fewer (2) 2019 revenue of $5 billion or less.

If your small business has been impacted by the COVID-19 pandemic, learn more about the CARES Act, other resources and how to apply for funding by visiting the US Department of The Treasury.


Several states offer guidance for businesses impacted by COVID-19.

National Realty & Development Corp. (“NRDC”) and its affiliates disclaim any and all liability for the information, including without any limitation, any express or implied representations or warranties for information or errors contained in, or omissions from, such information. The information contained herein is believed to be accurate as of the date of its posting, but due to the rapidly changing nature of the nation’s Covid-19 response efforts, such statements may have been modified, replaced, or revised since the time of such posting. The information above and links to third-party websites are provided only as a convenience; the inclusion of such links does not imply an affiliation or endorsement. NRDC suggests you confer with your attorney, accountant and banker before submitting any application for Covid-19 related relief funding.
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