Small Businesses are NYC’s Lifeblood. City Council Must Fight To Save Them.

  1. It would ensure that all commercial tenants receive a minimum lease of 10 years, and guarantee a tenants right to renewal.
  2. During the lease renewal period, if the landlord and tenant could not agree upon fair lease terms, a mutually agreed upon arbitrator would determine the lease amount based on criteria including landlord costs, condition of the space, fair market rents in the area, longevity of the business, and lease history.
  3. After the lease amounts are determined, the tenant would have the chance to accept or reject the arbiter’s terms before the landlord could look for a new tenant.
  4. The SBJSA restricts landlords from pushing their property taxes onto small businesses. For context, the proportion of commercial rent that goes to paying for property taxes doubled from 2007–2017.

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Aleda Gagarin for NYC Council

Aleda Gagarin for NYC Council

Queer mom, activist, organizer, youth coach, nonprofit leader. NY WFP candidate for NYC Council to rep Forest Hills, Kew Gardens, Rego Park, Richmond Hill.