How Mamdani’s pro-worker agenda aims to rescue NYC’s entrepreneurial economy
The Small Business Crisis in New York
New York City’s small business landscape faces existential crisis. Over recent years, iconic establishments have closed at alarming ratesdollar slice pizza shops have become extinct, bodega owners struggle against rising commercial rents, and neighborhoods have succumbed to chain stores and empty storefronts. Zohran Mamdani, who campaigned extensively with immigrant-owned bodega owners and restaurant proprietors, promises fundamental change. His small business agenda contains several specific policy interventions designed to reverse this trajectory. Mamdani’s platform includes cutting fines and fees for small businesses by 50 percent, eliminating the $1,000 new business registration fee, speeding up permitting processes, and dramatically expanding resources for the Business Express Service Teams.
