Tax Commercial Vacancies
Back in 2015, Benny's Burritos shuttered on Avenue A after 27 years in business. The space is still empty, creating more high-rent blight, a plague that is swallowing hyper-gentrified neighborhoods across the city.
Someone has a suggestion.
A vacancy tax has been on my wish list for a few years now. Recently, Mayor de Blasio mentioned it on WNYC. He said:
“I am very interested in fighting for a vacancy fee or a vacancy tax that would penalize landlords who leave their storefronts vacant for long periods of time in neighborhoods because they are looking for some top-dollar rent but they blight neighborhoods by doing it."
Now the street is speaking.
Someone has a suggestion.
A vacancy tax has been on my wish list for a few years now. Recently, Mayor de Blasio mentioned it on WNYC. He said:
“I am very interested in fighting for a vacancy fee or a vacancy tax that would penalize landlords who leave their storefronts vacant for long periods of time in neighborhoods because they are looking for some top-dollar rent but they blight neighborhoods by doing it."
Now the street is speaking.
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