"[NYC's] great property values make it more attractive for some to speculate – often meaning ousting small business that helped build that value. Each month, an average of 491 NYC small businesses are evicted. Commercial rents are skyrocketing, and all over the city, mom and pops have closed, replaced by banks and chain stores.
The speculation results in entrepreneurs losing their dream, their livelihood, and for residents, shuttered neighborhood favorites. Mom and pops and professionals are the lifeblood of our communities. They are a stepladder to a better life, and provide habitability and services.
NYC Council Members do not have easy jobs with a fickle public: But if they could hammer out passage of the Small Business Jobs Survival Act, they could save the city. "
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