Buyer defaults on a time is of the essence contract.

[Roger R.]

I was scheduled to close on the sale of my NYC property on March 31st.  One day before the close date the buyer called me up and said he wouldn't be closing.  He gave invalid reasons why he couldn't close (Title companies weren't working, a lawyer not associated with the sale got corona, city registrar was closed).  We have a time is of the essence clause in our contract, but with the courts being closed, I can't enforce. I had my lawyer write a letter to the other side to say they are in default.  I'm holding a decent size down payment. Any ideas how this will play out.