Tuesday, 12 November 2019

Commercial rent stabilization bill makes a comeback, retail leasing gets boost from falling rents

Every weekday, The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the day, starting at 9 a.m. Please send any tips or deals to tips@therealdeal.com. This page was last updated at 9:10 a.m. Commercial rent stabilization is back on the table. City Council member Stephen Levin will soon introduce a greatly revised version of last year’s Small Business Jobs Survival Act. The new bill will focus on “community-facing” businesses



source https://therealdeal.com/2019/11/12/commercial-rent-stabilization-bill-makes-a-comeback-retail-leasing-gets-boost-from-falling-rents/

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