The following is an open letter from Small Business Congress founder Sung Soo Kim to City Council Speaker Corey Johnson on the Small Business Jobs Survival Act. It has been edited for length.
Honorable Speaker Johnson:
I am disheartened that you refused to respond to my first request to meet and at least try to create compromise legislation to stop the closings of our city’s small businesses and save jobs. I took you at your word made at the October hearing on the Small Business Jobs Survival Act that you recognized a serious crisis existed and that you were committed to a solution and moving the bill (Small Business Jobs Survival Act) to a vote.
It is obvious to every small business owner that the grossly unfair lease renewal process places their futures and the futures of their employees in grave jeopardy when their leases expire. The empty storefronts on every main street make it obvious to every New Yorker that their beloved mom and pop businesses, having no rights nor protections from exorbitant rent increases, are desperate for government intervention to save them.
Putting aside the REBNY, Chambers, SBS and BID spins, false narratives, and insulting studies and fake worthless proposals, the majority of the city’s lawmakers also know their small businesses cannot survive without this legislation that gives rights to business owners in the critical lease renewal process.