The Action Lab's Small Business United coalition has released a new report, Empty Storefronts, High Rents, examining one of New York City's most visible and persistent challenges: vacant storefronts that sit empty while independent businesses struggle to afford commercial rents.
The report explores how rising rents, speculative real estate practices, and the lack of commercial tenant protections are reshaping neighborhoods across the city. It also outlines policy solutions—including the Small Business Rent Stabilization Act—that would help protect locally owned businesses, reduce storefront vacancies, and strengthen neighborhood commercial corridors.
The report was unveiled at a rally and press conference in Manhattan's Chinatown, where small business owners, elected officials, community leaders, and advocates came together to call for action. Speakers, including State Senator Julia Salazar and Steering Committee member Adam Glenn of Jimmy's Corner, emphasized the vital role independent businesses play in New York City's economy, culture, and neighborhood life.
Small Business United is a coalition organized by The Action Lab that brings together business owners, community organizations, and allies to advance policies that help locally owned businesses thrive. Through research, organizing, and advocacy, the coalition is working to ensure New York City's commercial corridors remain vibrant, affordable, and rooted in the communities they serve.
Read the full Empty Storefronts, High Rents report to learn more about the campaign and the policy solutions being advanced by Small Business United.
