The two City Council measures will create a small business portal and require additional commercial property registration, respectively. On October 18, 2022, Mayor Eric Adams signed two bills, Intro 116 and Intro 383, to promote the city’s economic recovery. Intro 116 will help small business owners with City administrative needs and Intro 383 provides the city with more data about the extent of commercial vacancies citywide.
Search Results for: Legislation
City Authorizes One-Time Tax Rebate for Homeowners
Homeowners of a one, two, or three family residence are now eligible for a $150 tax rebate. On August 24, 2022, Mayor Adams signed Local Law 82 into law. The bill authorizes a one-time property tax rebate up to $150 to hundreds of thousands of eligible New York homeowners. The bill was introduced (Intro 600) and voted on by the City Council in early August, passing by a unanimous vote following a public hearing.
City Receives $7.25 Million Grant to Expand and Revitalize Greenways
For the first time in nearly 30 years, the city is developing a plan to expand and fill gaps in greenways across all five boroughs. On August 22, 2022, Mayor Eric Adams announced that New York City has received a $7.5 million grant from the US Department of Transportation’s (USDOT) Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program that will be dedicated to plan for a major expansion of the greenway network citywide.
Mayor Announces Reform for Over 100 Business Violations
On May 15, 2022, Mayor Eric Adams announced reforms to 118 city regulations relating to small businesses. In January 2022, Mayor Adams signed the “Small Business Forward” executive order that required several city agencies to review their business regulations to determine which regulations could have reduced fines, extended cure periods, or be repealed to assist small businesses in their recovery from the ongoing COVID-19 pandemic. The new announcement reveals the 118 regulations that will be … <Read More>
Mayor’s Executive Order Strengthens Fire Safety Enforcement and Education
The coordinated efforts will enhance inspections and increase fire safety outreach for residents, building owners and buildings. On March 20, 2022, Mayor Eric Adams signed a new Executive Order to strengthen fire safety enforcement and increase fire safety education. The executive order follows the aftermath of the Twin Parks fire this past January, where seventeen people were killed after a fire spread through an apartment building in the Bronx.