Thursday, July 30, 2020
SOS: Local business owners discuss their COVID-19-related rent challenges
Save Our Storefronts (SOS), a coalition of East Village merchants and community members, is calling on New York State to enact commercial rent relief.
In this video, released yesterday, local business owners document the challenges they are facing with commercial rents during the COVID-19 pandemic...
Visit www.saveourstorefronts.nyc for more information on the campaign, including the petition that's in circulation.
Assemblymember Harvey Epstein and State Sen. Brad Hoylman are drafting a bill on commercial rent relief legislation, which they plan to introduce soon, to help create a path to small business and nonprofit recovery based on sharing the burden of the crisis.
According to a Hospitality Alliance survey, only 19 percent of New York City businesses paid June rent and only 26 percent of landlords waived any rent.