The law will help provide more opportunities for small businesses to remain in the City. On February 23, 2020, Introduction 1408-B was enacted into Local Law 35 of 2020. Introduction 1408-B requires developers to set aside affordable retail space for non-chain retailers within large City-funded affordable housing developments. The requirement will apply to certain affordable housing developments of at least 750,000 square feet that receive $15 million or more in City funds. The law, sponsored … <Read More>
small businesses
Free Legal Services for Small Businesses with Lease Issues
Small businesses will now receive free legal services for issues related to a business lease. On February 6, 2018, the de Blasio administration announced the launch of the new Commercial Lease Assistance Program, which will offer assistance to small business owners with lease negotiation, landlord issues, lease renewal, and eviction notices. Non-franchise businesses that meet an income requirements will be eligible for this program.