New York City mom-and-pop shops are losing ground and shutting down. As you walk down through the five boroughs you witness large amounts of “for rent” signs hanging from display windows. According to the New York Times, 77% of Manhattan, Queens, and Bronx businesses owners were forced out of their shops because of intense rent hikes, and 40% reported some sort of landlord harassment. This crisis has had such a huge impact on the immigrant community that the Tenement Museum even curated an exhibit, Immigrants Mean Business, in hopes of spotlighting achievements and contribution immigrant business owners have made in New York City throughout the years.
Represent NYC guest-host Council Member Mark Levin is joined by Rud Morales, a small business owner; Armando Moritz-Chapelliquen, Senior Economic Development Organizer Association for Neighborhood & Housing Development (ANHD); and Daniel E. Alam Economic Development & Technology Policy Analyst Office of Manhattan Borough President, to discuss small businesses in New York.