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Board hears small-business concerns as federal relief pipelines lag; EDC, SBA outreach planned

2662446 · March 17, 2025
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Summary

Members said federal relief programs remain difficult to access and many small retail tenants are not paying rent; the economic development committee will follow up with SBA and EDC contacts and consider vacancy‑tracking and Q&A sessions for businesses.

Manhattan City Executive Committee members discussed small businesses’ difficulty accessing federal aid, landlords’ expectations on back rent when businesses reopen, and plans for vacancy-tracking and informational presentations.

Economic development chair Janet said many retail tenants had stopped paying rent and that the main obstacle for businesses was getting their bank to process federal loans. She said the…

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