The program will allow small business owners to obtain free legal assistance on topics that include negotiating a lease, resolving landlord issues, responding to an eviction notice, breach of contract disputes, and lease renewal. Non-franchise businesses that meet income requirements are eligible for this service.
Effective July 1, 2018, the threshold for Manhattan’s CRT for businesses with income up to $5 million will increase from $250,000 to $500,000 annual rent, with the benefit provided on a sliding scale for businesses with income between $5 million and $10 million or paying $500,000 to $550,000 in rent. In total, the move reduces taxes for 2,700 small businesses, including 1,800 that will no longer pay the tax at all.
SBS Commissioner Gregg Bishop announced that New York City’s Tech Talent Pipeline is equipping more for-profit and non-profit tech training organizations to deliver better job outcomes for New Yorkers. By issuing a key practices report and partnering with local training providers, the City is helping ensure that New Yorkers graduate from trainings with the essential skills needed to succeed in quality tech jobs.