8 thoughts on “CityViews: Will the Council Finally Act on Strong Protections for Small Businesses?

  1. It’s NYC’s ever-expanding small businesses mandates that is killing them off. Starting with the $15/hour minimum wage. In no sane business model does paying someone $31200/year to hand out pasties or pizza make economic sense. Then add in mandatory paid family leave, medical coverage and scheduling laws and you’ll understand why more small NYC businesses fail every year.

    The NYC property taxes on commercial buildings go up every year. Landlords of course pass those costs on to their commercial tenants, they are not charities. Same situation with water/sewer charges. Under this absurd scheme a landlord could be forced to lose money on his property if the ‘agreed’ rent doesn’t cover his costs. Then what?

  2. The $31k that person earns “handing out pizzas and pasties” is every bit part of the cost of doing business as licenses, utilities, taxes. That person makes the business possible. Pay him/her a fair wage and with the respect you believe you deserve. That is not only ethical; it’s good business.

    • Except that in the real world New Yorkers won’t pay $6 for a cheese danish or that slice of pizza. Maybe in certain parts of Manhattan and brownstone Brooklyn but no place else. Restaurants will be the first to go, followed by other retailers. It’s already starting in the outer boroughs.

  3. In 2009, former Small Business Committee Chairman David Yassky stated , “there is no option” but pass legislation to stop the closing of small businesses. Government can’t allow the creators of jobs to go out of business. If we (small business committee) do not formulate legislation protecting small businesses they will disappear. A walk down any main street in NYC proves his prediction was correct. A crisis ignored by government favoring big real estate lobby has grown worse each year. We are heading for a economic tragedy if we allow our largest employers of resident New Yorkers to go out of business. Its just bad government
    controlled by the campaign dollars of a powerful lobby.
    with everyone but a handful being the victims

  4. Your native New Yorker misses the point about arbitration and how it works. The idea is so that the landlord makes a “reasonable return” on their investment; they would not “lose money” at the native New Yorker put it, It just means that the commercial tenants would finally have some rights where now they have none. After thirty years of huge real estate profits and outrageous rent hikes hundreds of times higher than the cost of living or carrying the property, it is simply a way of injecting some fairness into the current unfair lease renewal process in NYC, and long overdue. This article was a good quick summary, but will the new Small Business Chair, a real estate investor himself, step back from his clear as day conflict of interest here and let the JOBS Survival Bill pass before small businesses become extinct in NYC? for the rest of the real facts look at http://www.SmallBusinessCongress.org

    • So then who determines ‘reasonable return’? Most commercial landlords outside of Manhattan are individuals or small corporations.

      • Native New Yorker: As Steve B so well explained above: That is part of arbitration. I expect a commercial landlord (small business or individual notwithstanding) will have adequate fiscal and legal experience or resources by to navigate the process and make his/her case to the arbitrator just as well as will the tenant.

      • The members of the arbitration association, professional, agreed on by both parties. Likely taking such a factor as you noted.

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