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Monday, May 10, 2010

TRY TRY AGAIN: SMALL BUSINESS SURVIVAL ACT

On April 14th, the Small Business Survival Act was introduced again in the New York City Council and was referred again to the Committee on Small Business. The bill (Int. 0154-2010) would establish a small business lease program that would create an environment for fair negotiations between landlords and commercial tenants during the lease renewal process. The ultimate goal is lease terms that both the landlord and the tenant consider reasonable. Our Councilmember, Brad Lander, is one of the sponsors of the bill.

For background information on the Small Business Survival Act, type "small business survival act" in the Search box on this blog.

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