This is an opportunity for small businesses, because if they are not making rent payments then they definitely will not be able to afford good legal counsel to help them stay in business. It gives the small business a valuable resource, because negotiation through legal counsel can sometimes help them stay in business. This is very important for small businesses, because they should not have to lose everything and suffer for a couple of missed lease payments.
This relates to our class, because if more cities are willing to adopt this policy then less people will be discouraged from starting a small business. Every city needs small businesses and cannot rely on large multinational corporations to provide enough local opportunities for the entire city population. This is a step in the right direction in terms of protecting small businesses from greedy landlords and large corporations in the community.
By: Nik Oakes
Article Title: NYC Council Bill Would Provide Free Legal Help to Businesses Facing Eviction
https://www.wsj.com/articles/nyc-council-bill-would-provide-free-legal-help-to-businesses-facing-eviction-11552222800
8:52 PM
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