Image credit: New York City Council.

The new bill releases 4,000 new street vendor permits over the course of ten years. On January 28, 2021, the City Council voted to approve Int 1116-B, which provides significant changes to the street vendor system. Prior to the legislation, the number of street vendor permits had been capped at 3,000 since 1983. Given the high demand for permits, limiting the number of permits opened an illegal market for renting out permits. Int 1116-B, sponsored by Council Member Margaret Chin, was created to address these issues by releasing more permits and creating more oversight.  (read more…)