Hugo Boss store at Columbus Circle which was forced to close by COVID-19 executive order sought rent relief. Hugo Boss operates a retail store in The Shops at Columbus Circle in New York City. A/R Retail LLC is the landlord for this luxury indoor mall. Hugo Boss entered into a 13-year lease at the location as a way to gain visibility in the heavily trafficked location catering to premium market customers. Hugo Boss’s rent was … <Read More>
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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.
NYC’s Speed Cameras Go 24/7
Since the automated enforcement program launched in 2014, speeding violations dropped on average of 72 percent at camera locations. On August 1, 2022, all of the City’s speed cameras began operating 24/7/365. This change stems from June 24’s passage of a state law amending speed camera hours. The bill’s prime sponsors in the State Assembly and Senate were Assembly Member Deborah Glick and State Senator Andrew Gounardes, respectively.
DDC Announces First-Ever Pre-Qualified List for M/WBE General Contractors’ Benefit
On July 13, 2022, the NYC Department of Design and Construction (DDC) Commissioner Thomas Foley announced the creation of the City’s first Pre-Qualified List, strictly for Minority- and Women-Owned Business Enterprises general contractors. The Pre-Qualified List was designed to provide Minority- and Women-Owned Business Enterprises general contractors with first dibs over Department of Design and Construction projects between $500,000 and $2.99 million. In this way, construction contracts can be awarded faster and projects can be … <Read More>
Mayor’s Office Releases Homeowner Handbook
This comprehensive guide is designed to help more New Yorkers achieve home ownership, particularly in low income communities and communities of color. On July 27, 2022, Mayor Eric Adams released the “Homeowner Handbook: Protecting and Maintaining Home in NYC”. The handbook is designed to help New Yorkers navigate the responsibilities of homeownership, and provides resources for homeowners to protect and maintain their homes.
City Breaks Ground on New Public Health Lab in Harlem
The new facility is expected to open in 2026. On July 6, 2022, the New York City Economic Development Corporation (EDC) announced that city officials broke ground on the new NYC Public Health Laboratory, located adjacent to the Harlem Hospital complex on West 137th Street in Manhattan. While the (EDC) is managing the building’s construction, the Department of Health and Mental Hygiene (DOHMH) will operate the laboratory upon its completion.