Funding from the Avenue NYC and Neighborhood 360 grant programs will be awarded to 24 nonprofits working towards pandemic recovery in low to moderate income neighborhoods. On July 13, 2022, the NYC Department of Small Business Services (SBS) announced it will award $3.8 million in multi-year grants through the Avenue NYC and Neighborhood 360 programs. This investment will be divided among 24 community-based development organizations working in low-to-moderate income neighborhoods.
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Mayor Announces Appointments to New York City Districting Commission
The Commission will help with the redesign of the City Council district boundaries. On March 7, 2022, Mayor Eric Adams announced his seven appointees to the New York City Districting Commission. The Commission is responsible for redrawing council district boundaries as required every ten years by the City Charter following the national census. The redistricting helps the City Council reflect changes in demographics and population.
Mayor Announces Zoning Proposals for Grocery Stores, Transit Accessibility, Small Businesses
The zoning proposals include allowing gyms and spas to open as-of-right. On March 9, 2021, Mayor Bill de Blasio announced several proposed zoning changes to support small businesses, create more groceries stores and improve accessibility across the city. The zoning proposals will enter the public review process later this year.
New Housing for the Special Clinton District
Council-approved developments in Special Clinton District will achieve 39 percent affordability across a range of Area Median Incomes. On June 26, 2014, the City Council unanimously voted 48-0 to approve applications which would facilitate the development of two new mixed-use buildings, the rehabilitation of another building, and creation of three new community gardens in the Special Clinton District in Manhattan. The joint applications were proposed by the Clinton Housing Development Company, the New York … <Read More>
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.