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Small Business

Posted inSmall Business

Shaken Bronx Shopkeepers Battle Back from Looting Amid Stalled Promises of City Help

June 21, 2020, 3:54 p.m.June 22, 2020, 3:57 p.m.
Livelihoods are in danger, neighborhood services are reeling and initiators of the chaos appear to have mostly escaped. Meanwhile, promised aid hasn’t materialized.
Posted inCoronavirus

Sex Shops Off-Limits for Small Business PPP Loans — But One Brooklyn Store Slips In

June 10, 2020, 8:44 p.m.Aug. 7, 2020, 1:19 p.m.
The CARES Act created the Small Business istration PPP program to hand out $530 billion in forgivable loans during the coronavirus crisis, leaving out businesses of a “prurient sexual nature.”
Posted inCoronavirus

Flooded With Requests, City Boosts Small Business Grant Fund — But Not Loan Pool

April 20, 2020, 9:31 p.m.May 4, 2020, 4:07 p.m.
Mayor Bill de Blasio said $50 million is now set aside for emergency funds for New York businesses. An overwhelmed loan program, however, won’t grow.
Posted inCoronavirus

‘Half a Billion Dollars’ Needed From $20M City Small Business Loan Pool

April 16, 2020, 10:08 p.m.May 4, 2020, 4:04 p.m.
A loan fund for NYC’s small businesses is already dry. More than 15,000 applied, but only about 600 qualified. Fewer than 400 may get anything at all.
Posted inEconomy

Staten Island’s ‘Restaurant Row’ Battles for Survival

April 15, 2020, 9:41 p.m.May 4, 2020, 4:04 p.m.
Minthorne Street, once a symbol of the borough’s economic revival hopes, is now at a make-or-break point as the landlord bands with tenants to fight.
Posted inEconomy

Creditors Are Still Calling in People’s Debts. Advocates Beg Cuomo: Stop Them

March 21, 2020, 3:51 p.m.Oct. 12, 2023, 7:31 a.m.
Lenders are going after consumer and business borrowers through New York’s courts as virus crisis worsens. Now activists are demanding a moratorium.
Posted inCoronavirus

Coronavirus Ripples Hit New York City Merchants From 7,000 Miles Away

March 2, 2020, 4:10 a.m.April 6, 2020, 4:55 p.m.
Chinese textile factories shuttered over the virus are causing headaches for local clothing businesses. Mom and pop shops are feeling the pinch.
Posted inEconomy

New York Businesses Struggle With Debts After Reform Left Them Out

Feb. 25, 2020, 4:10 a.m.Sept. 14, 2022, 11:56 a.m.
Gov. Cuomo outlawed high-interest cash advances for out-of-state companies that clogged state courts. But New Yorkers are still fair game.
Posted inEconomy

De Blasio Takes Mom-and-Pop Commercial Rent Control Longshot

Feb. 10, 2020, 4:05 a.m.April 6, 2020, 4:55 p.m.
The mayor announced a to study the issue in his “saving New York” speech. But even he has doubts the longtime nonstarter can legal muster.
Posted inEconomy

How Manhattan’s City Bakery Crumbled, Under Weight of Debts

Oct. 22, 2019, 5:24 p.m.March 14, 2024, 2:23 p.m.
While doing brisk business in sweet treats, the Union Square institution was embroiled in high-cost borrowing from an industry under state probe.

Posts pagination

Newer posts 6 7

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