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Can City Council’s New Bill Secure the Survival of Small Businesses?

As advocacy groups are sounding the alarm on NYC’s growing number of empty storefronts, Councilmembers Ydanis Rodriguez and Rafael Espinal, among others, have introduced legislation that aims to address commercial vacancies and the shuttering of small businesses by boosting tenants’ protection and curbing real estate speculation and rent hikes. The Small Business Job Survival Act (SBJSA), would give commercial […]