|
|
McNally added that she has "a contract on one space and has also identified another as a backup. She’s not announcing the final destination yet but it will be in Manhattan close to the original store."
This is good news--but for how long?
For over a decade of talking to countless small businesspeople pushed out by landlords who hiked the rent or denied lease renewals, I have found that many fail to relocate. Of those that do, many end up closing soon after. What's missing? Long leases. It was once customary for a small business to get a ten-year lease. Today, you're lucky if you get two years. And then it can happen all over again.
In addition, the bookstore-killing Amazon has opened a brick-and-mortar location in Soho--right around the corner from McNally Jackson, at 72 Spring St., just one block away. That's probably not a coincidence. McNally Jackson is successful and big retailers like Wal-Mart and Home Depot are known to open close to successful smaller competitors to suck their customers away.
So while we're breathing a sigh of relief to hear that McNally's not going far right now, we still need to take action to protect it--and other small businesses--in the future. That's why we need to convince the City Council to pass the Small Business Jobs Survival Act. It would guarantee a 10-year lease and a fair rent increase to McNally Jackson and countless others.
There's a public hearing on October 22. Go and speak your mind. If that's not possible, here are more easy, quick ways you can make a difference today. The future of this city depends on you.
P.S. The building that houses McNally Jackson used to have a grocery store, Little Italy’s only supermarket and a neighborhood staple for 25 years. It was forced to close in 2016 -- the Voice reported that rent was $90,000 and the landlord was likely looking for $150,000 to open “a more upscale operation.” That space is still sitting empty, another example of high-rent blight.

Categories: None
The words you entered did not match the given text. Please try again.
Oops!
Oops, you forgot something.