“Strap yourselves in and get ready,” said State Senator Michael Gianaris of Queens. “We are not giving up until we scuttle this deal: scrap it, throw it in the garbage, and start the conversation all over again.”
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Corey Johnson began yesterday’s hearing with an elegy:
Tortilla Flats. 30+ years. Closing this weekend.
Clayworks Pottery. Kicked out after 44 years.
Lenox Lounge in Harlem. Billie Holiday played there. Being demolished to make way for a Sephora.
North Shore Hardware. 70 years. Given one month to vacate.
Cup and Saucer. Chinatown. Another diner lost.
The Associated Supermarket. Closed after having its rent tripled. Its storefront remains vacant.
It was a little after 1pm at City Hall. Johnson, the City Council Speaker, was offering opening remarks before a standing-room-only crowd at the hearing of the Committee on Small Business regarding the Small Business Jobs Survival Act (SBSJA).
On October 22, small businesses in New York City may or may not get a lifeline they’ve been waiting on for 30 years. It will come, if it comes, in the form of the Small Business Jobs Survival Act (SBJSA). The bill, which has been languishing in the City Council for three decades, could change the face of commercial real estate in the city. It has a simple premise: next time the owners of your favorite local bakery/bodega/barber shop need to renew their lease, they might actually be able to do so.