Excluded worker
A worker who suffers from loss of income but is not eligible for state unemployment benefits or federal relief funds often because of the nature of their employment or immigration…
Commercial tenant
An individual or entity that rents a property for the purpose of conducting business or another commercial activity
Personal guarantee
Makes an individual liable for owed the rent in the case that the business entity fails to pay
Street vendors
An individual merchant who sells food or merchandise from a stand, cart, or other non-permanent structure In New York, street vendors face unique challenges that stem from the industry being…
Warehousing
the process in which landlords hold on to property without renting it out in hopes that its rental value might rise.
Storefront vacancy registry
Following the passage of Local Law 157 in 2019, the NYC Department of Finance collects and publishes annual data with information on storefront rents, vacancies, and lease terms, which is…
Commercial District Needs Assesment (CDNA)
The Department of Small Business Services' Commercial District Needs Assessment (CDNA) highlights the existing business landscape, consumer characteristics, physical environment, and unique character of the commercial corridors and local businesses…
Commercial Lease Assistance
The Department of Small Business Services admisters the Commercial Lease Assistance Program to provide eligible businesses with free legal services to help with signing a new commercial lease; amending, renewing,…
Pass-Through
Pass-through businesses have their income “pass through” to their owners to be taxed under the individual income tax.
Minority/Women-owned Business Enterprise (M/WBE)
A Minority/Women-owned Business Enterprise can be formally certified by the state for access to opportunities and benefits.
