Commercial

Latest retail rent control bill concerns market advocates

Commercial rent regulation is once again on the New York City Council docket and this time around, a leftward swing in city and state politics has some free-market advocates worried it has legs.

Councilman Ydanis Rodriguez introduced the Small Business Jobs Survival Act in March, the latest in a long line of attempts to insulate retailers from the city's rising property values. After several months of dormancy, it is reportedly set for a hearing next month.

Read Full


Join the Discussion
Real Time Analytics