“Cannabis NYC” intends to boost the city’s economy while rectifying harm caused to Black and brown communities under cannabis prohibition. On August 22, 2022, Mayor Eric Adams and Small Business Services (SBS) Commissioner Kevin D. Kim announced the launch of Cannabis NYC. The initiative will support entrepreneurs and employees as the industry develops, providing the city’s first-ever technical assistance for cannabis license applicants and additional business services.
Search Results for: Economic Recovery
Mayor Announces $1.5 Million Investment in Small Business Resource Network
On July 26, 2022, Mayor Eric Adams announced a $1.5 million investment in the NYC Small Business Resource Network. Building on commitments from the Mayor’s Economic Recovery Blueprint, this investment will allow the resource network to extend programming through 2023.
Mayor Announces Proposed Zoning Changes to Affordable Housing, Small Business Restrictions and Sustainability
The zoning text amendments are in development and will be drafted with input from stakeholders before undergoing public review later this year. On June 1, 2022, Mayor Eric Adams announced a plan for a series of new zoning text amendments and programs aimed at removing obstacles for the recovery of small businesses, increased affordable housing, and the expansion of green technology to promote sustainability. The three zoning text amendments – the Zoning for Economic Opportunity, … <Read More>
Mayor Signs Hotel Industry Relief Executive Order
The executive order provides relief through a tax pause. On May 19, 2021, Mayor Bill de Blasio signed an executive order to provide temporary tax relief for the hotel industry as the industry continues to recover from the loss of tourism due to the COVID-19 pandemic.
Mayor Launches City Cleanup Corps for Job Creation and Public Space Improvement
On April 6, 2021, Mayor Bill de Blasio launched the City Cleanup Corps, a new economic recovery program designed to help clean and beautify the city through the creation of 10,000 jobs for projects to revitalize public spaces.
Mayor Announces Zoning Proposals for Grocery Stores, Transit Accessibility, Small Businesses
The zoning proposals include allowing gyms and spas to open as-of-right. On March 9, 2021, Mayor Bill de Blasio announced several proposed zoning changes to support small businesses, create more groceries stores and improve accessibility across the city. The zoning proposals will enter the public review process later this year.