The Greenwich Village Society for Historic Preservation has made it super easy to tell Mayor de Blasio and Speaker Mark-Viverito to support Intro. 0402-2014, the Small Business Jobs Survival Act (SBJSA). Just click this link for easy and quick automated letters showing your support.
Small businesses are threatened with extinction if rents keep doubling and tripling. Already, the city is losing some of its beloved businesses because they simply cannot pay the exorbitant rents. Avignone Pharmacy is set to close at the end of the month because its rent tripled. Some of these businesses have been in NYC for a century–or more. Avignone is 183 years old. Avignone (then called Stock Pharmacy) survived the Civil War, including the Draft Riots, and the poverty of late-18th century NYC. What is happening that these businesses could survive through two World Wars, the Great Depression and the ’70s recession, but they cannot survive today?
Avignone’s new landlord is Force Capital Management, a hedge fund that manages $1.2 billion. This is the bottom line–NYC, along with the rest of America, is losing its character, its charm and its history so a minute percentage of people in this country can become the super wealthy.