March 9, 2015
"Small businesses in New York City have no rights. You’ve been here 50 years and provide an important service? Tough luck—your space now belongs to Dunkin’ Donuts. You own a beloved, fourth-generation, century-old business? Get out—your landlord’s putting in a combination Chuck E. Cheese and Juicy Couture." – Jeremiah Moss in today's Daily News.
With out of control rents, insane land prices, and properties trading hands for tens of millions–if not hundreds of millions–New York has become a playground (and a bank) for the ultra-rich. While most of us complain about the rising the cost of living with little action beyond a grumble, others are far more affected, namely the "mom and pop" shops forced out to make way for high-rent-paying tenants such as Duane Reade, Chase and Starbucks. But all is not lost. The issue of small business survival seems to be gaining some traction, particularly with a new campaign called #SaveNYC launched by Jeremiah Moss of Jeremiah’s Vanishing New York.
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