REBNY President John Banks viciously criticized the City Council’s proposal for a controversial commercial rent bill on Monday during a marathon hearing that lasted well into the evening. “This legislation will do nothing to solve the underlying issues behind storefront vacancies,” he said, “and instead would have a catastrophic impact on our local economy.” The bill at issue has been dubbed the Small Business Jobs Survival Act and aims to help the city deal with its epidemic […]
source https://therealdeal.com/2018/10/22/john-banks-clashes-with-corey-johnson-over-commercial-rent-bill-at-marathon-hearing/
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