The Nos Quedamos Queens community coalition joined with over a dozen chambers of commerce and small business advocates in support of the Small Business Jobs Protection Act Legislation currently at the New York City Council. The forum was on Wednesday, January 16, 2019 at the Shaw AME Zion Church, (Pastor Rev. Charles Young) and the keynote speaker was the chief sponsor of the legislation NYC Councilmember Ydanis Rodriguez.
The Small Business Jobs Protection Act Legislation would provide protections for small businesses during lease negotiations and will mitigate against unfair displacement of mom and pop shops in New York City. Specifically, the SBJSA would provide rights to tenants in the lease renegotiation process including the right to a 10 year lease renewal and legally binding arbitration to set a fair market rent.
Spokesperson for Nos Quedamos Queens stated, “Small businesses are the backbone of our local economy. They provide jobs and make our city culturally rich. Small business need protection against gentrification and displacement we need the Small Business Jobs Survival Act as the las in New York City!”
Councilmember Ydanis Rodriguez lead sponsor of the bill pledged to continue to fight for passage of the bill and was confident that a vote by the full body was soon to be had.
Frank Garcia Chairman of the National Association of Latino State chambers added, “It hurts me every time I see a small mom and pop shop close down because they lost their lease. It hurts our community and the vibrancy of our City.”
People don’t want to take risks anymore afraid they will lose their investment in this very small business unfriendly environment. This law is needed”, said Elvis Siverio of the National Restaurant & Bar Association.
The groups are committed to continue to pressure the Council for passage of the bill.