On December 12, 2023, Seattle’s former City Council passed Ordinance 126982 in an effort to increase commercial rent affordability for small businesses. The Ordinance, returned unsigned by the Mayor, became law on January 29, 2024. The new law places limits on the amount of personal guarantees, letters of credit, and security deposits to certain new
Sabina Shapiro
Sabina Shapiro focuses her practice on general real estate law and has extensive experience representing buyers, sellers and borrowers in acquisitions, dispositions, development, leasing, and financing of commercial, retail and multifamily projects.
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