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Industry’s Future, Stores’ Rent Burden are Key Issues in Possible Bushwick Rezoning

2 Comments

  • native new yorker
    Posted June 14, 2017 at 9:35 am

    Commercial rents are up in all 5 boroughs because under deBlasio property taxes go up every year on those properties due to the city increasing their assessed value. The era of small businesses is coming to an end in NYC. $15 min. wage, sick day requirements and now scheduling requirements. It’s over.

  • Jenny
    Posted June 20, 2017 at 10:10 pm

    That is the silliest thing I’ve ever heard. The biggest reason small biz goes under is insanely high rent. I’ve been a commercial renter for twenty years. We need commercial rent regulation now. Too bad Reynoso doesnt support the SBJSA, a bill in the city council that would guarantee a 10-year lease extension, ban under the table extortion, give commercial renters the basic right to renew, and also the right to binding arbitration to renegotiate rent increases. It would help mom & pop stores, jobs-producing Industry, and also artists.

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