- See more at: http://blogtimenow.com/blogging/automatically-redirect-blogger-blog-another-blog-website/#sthash.Q6qPkwFC.dpuf BP Diaz to Hold Forum on Retail Rent Control Bill | Bronx News Networkbronx

Wednesday, November 10, 2010

BP Diaz to Hold Forum on Retail Rent Control Bill

Borough President Ruben Diaz, Jr., is hosting a forum this Friday at Bronx Borough Hall to discuss the legal controversies surrounding the Small Business Survival Act, a bill brought before City Council last year that would have required commercial landlords to negotiate "reasonable" rents with small business tenants.

The city's landlords and real estate groups, as expected, opposed the legislation, which was written by Manhattan Council Member Robert Jackson and supported by a number of Bronx council members. The bill was essentially stalled last year after Speaker Christine Quinn--who more or less decides what comes up for a vote on the Council floor--questioned its legality, saying that forcing a rent negotiation could infringe on the rights of the landlord.

According to a press release, this Friday's event (which is also being sponsored by the Bronx Overall Economic Development Corporation) will have expert attorneys on hand to see if Quinn's assertions about the bill are true.

"This forum will try to determine if the Small Business Survival Act is fully constitutional and legally sound to withstand likely court challenges, and to recommend changes that would make it stronger to endure those possible court challenges," the release reads.

Last week, Diaz was on hand to break ground on a new "Business Incubator" at the BankNote Building in Hunts Point, which will offer discounted rents on work spaces for struggling new businesses owners.

The forum will be from 10 a.m. to 12 p.m. on Friday on the first floor of Bronx Borough Hall, 851 Grand Concourse.


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