New York Further Tightens 2023 Retainage Law: 5% Cap on Retainage Cannot Be Increased in Private Construction Contracts (JSON)

lexblog.com/lib/ENJ7PSMWview recordjson

{
    "@context": "https://schema.org",
    "@type": "Article",
    "headline": "New York Further Tightens 2023 Retainage Law: 5% Cap on Retainage Cannot Be Increased in Private Construction Contracts",
    "url": "https://www.lexblog.com/2026/01/21/new-york-further-tightens-2023-retainage-law-5-cap-on-retainage-cannot-be-increased-in-private-construction-contracts/",
    "identifier": {
        "@type": "PropertyValue",
        "name": "LexBlog Library record",
        "value": "LEX-WK-ENJ7PSMW",
        "url": "https://www.lexblog.com/lib/ENJ7PSMW/"
    },
    "datePublished": "2026-01-21T10:51:20-05:00",
    "dateModified": "2026-01-21T07:52:20-05:00",
    "author": {
        "@type": "Person",
        "name": "Lauren Madeira, Matthew Dials, Nicholas David, Kevin Wallace"
    },
    "sourceOrganization": {
        "@type": "Organization",
        "name": "Troutman Pepper Locke"
    },
    "organizationScope": "at-publication",
    "isPartOf": "Constructlaw®",
    "about": "Real Estate & Construction",
    "sourceUrl": "https://www.constructlaw.com/?p=5013",
    "sourceStability": "may-move"
}