Search Results for: Business Support

Council Committee Holds Hearing on COVID-19 Relief Bills

Committee hearing calls into question the amount of loans and protections for small businesses during COVID outbreak. On April 29, 2020, the City Council’s Committee on Small Business and Committee on Consumer Affairs and Business Licensing held a joint public hearing on the impact of COVID-19 on small businesses in New York City.  Of the thirteen proposed bills, three were specifically labeled as part of a COVID-19 Relief Package. The bills address personal liability for … <Read More>

City Council Approves Downtown Far Rockaway Rezoning

City Council approved a 22-block rezoning of Downtown Far Rockaway, Queens. On September 7, 2017, the City Council approved a large-scale rezoning and development plan for Downtown Far Rockaway by a vote of 46-0. The resolutions will create a Special Downtown Far Rockaway district, a Mandatory Inclusionary Housing area, and an Urban Renewal Area. $288 million has been secured to grant amenities this community has been requesting for over 40 years.

DOT Launches Incentive Program to Promote Off-Hour Deliveries, Reduce Daytime Congestion

On April 24, 2024, the New York City Department of Transportation Commissioner Ydanis Rodriguez announced incentives to reduce truck deliveries during busy hours of the day in an effort to improve traffic safety, protect the environment, and combat daytime congestion and double-parking. DOT will donate $6 million to incentivize nighttime deliveries from 7 pm to 6 am through their Off-Hour-Delivery Program (OHD). The funding will be allocated through the US DOT’s Congestion Mitigation and Air … <Read More>

City Receives Over $120 Million in Grants for Queensway and BQE Projects

On March 13, 2024, New York City Mayor Eric Adams announced the City’s acceptance of two federal grants worth a total of $123.6 million. The grants, “Reconnecting Communities and Neighborhoods Program” and “Neighborhood Access and Equity Program” were issued by the U.S. Department of Transportation and will be used on the Queensway project and for the Brooklyn Queens Expressway (BQE).

Around $117 million of the federal grants will go towards developing further the Queensway, a … <Read More>

Comptroller M/WBE Report Shows City Needs to Make More Progress in Distributing Contracts

On February 14, 2024, New York City Comptroller Brad Lander released the Annual Report on M/WBE Procurement which found that the City fell short of ensuring equitable distribution of contracts with Minority and Women-Owned Business Enterprises (M/WBEs). The report takes into consideration a review of contract registration data from the City and analyzes M/WBE contracts based on procurement method, dollar value, and industry. The report examines city agencies’ use of the M/WBE Noncompetitive Small Purchase … <Read More>