A little over a year after City Council passed a bill to exempt 2,000 businesses from the commercial rent tax, a new bill is now on the table that would scale back the levy even more. Councilmember Keith Powers introduced a bill on Thursday to exempt small businesses paying up to $750,000 in annual rent from the tax, which applies to businesses of a certain size operating between Murray and 96th Streets in Manhattan, and […]
source https://therealdeal.com/2019/01/24/new-city-council-bill-could-exempt-1000-more-mom-and-pop-shops-from-rent-tax/
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