Helping Small Businesses Stabilize Themselves: Too Big to Fail or Too Small to Let Fail, Both Need Help

 

It is time to start a real conversation about a small store retail rent stabilization program.

Many neighborhoods , not only in Manhattan,  but  also in other high use commercial districts in all the  boroughs are being shred apart as small Mom and Pop’s just cannot fight back the tide of the enormous  run up of  commercial retail rents in recent years.


Julie Menin, Manhattan’s CB 1 Chair, Talks About One of the City’s Fastest Growing Districts

Comprised of Battery Park City, the Financial District, South Street Seaport, and Tribeca, the neighborhoods of Manhattan Community Board 1 are in the midst of a period of tremendous growth and development. New apartment buildings are bringing thousands of new residents to the district. At the same time, large redevelopment projects, such as the World Trade Center, promise to return millions of square feet of office space along with expanded retail and cultural spaces. Under … <Read More>



Study Finds 2022 Fifth Avenue Holiday Open Streets an Economic Success

On October 10, 2023, Mayor Eric Adams announced that the ‘Open Streets’ holiday initiative along Fifth Avenue in Manhattan last holiday season was an economic success. During the initiative, the Department of Transportation and the Fifth Avenue Association created pedestrianized stretches of Fifth Avenue, Sixth Avenue, West 49th Street, and West 50th Street between 12:00 pm and 6:00 pm on select Sundays in December.



Shabbos Open Streets Are Coming to Staten Island

The Department of Transportation and the Council of Jewish Organizations of Staten Island partner to launch two new Open Street locations during Shabbos. On May 31, NYC Department of Transportation Commissioner Ydanis Rodriguez announced that the agency will be launching two new Open Street locations in Staten Island. The Open Streets will be located in the Castleton Corners neighborhood, one on Suffolk Avenue, between Queen Street and Harold Street, and the other on Vermont Court, … <Read More>