Dear NYC Business Owners:
New York City, including the Department of Small Business Services (SBS) and the New York City Economic Development Corporation (NYCEDC), is coordinating a set of services to assist small businesses in recovering from Hurricane Sandy.Below is an outline of available programs and relevant contact information.
New York City Business Assistance Programs
An emergency loan for businesses will be available, patterned after similar programs deployed in past emergencies. Loans will be capped at $10,000. Please click this link to contact an NYC Business Solutions Account Manager or call 311 and ask for NYC Business Emergency Loan.
An emergency sales tax letter from New York City Industrial Development Authority (IDA) will be available allowing businesses to avoid payment of New York City and New York State sales taxes on materials purchased for rebuilding. IDA will also waive all fees and, while following State law, look to streamline its normal procedure. This program is expected to offer economic benefits to reconstruction projects costing $500,000 or more. Please contact Shin Mitsugi at email@example.com for further information on this program.
Short-term “swing” office space at Brooklyn Army Terminal available free of charge for the next 30 days. NYCEDC has approximately 40,000 square feet of warehouse space at the Terminal that can be used for this purpose. Please click this link to contact an NYC Business Solutions Account Manager or call 311 and ask for NYC Business Solutions.
The SBS Business Outreach Team and Emergency Response Unit‘s Large Scale Response Team will be deployed after the storm to help all impacted small businesses. This team is currently on-call for any storm-related business inquiries and is closely coordinating with the NYC Office of Emergency Management. Please click this link to contact an NYC Business Solutions Account Manager or call 311 and ask for NYC Business Solutions.
Federal Aid Programs for Disaster Recovery
Below are the NYC Business Solutions Centers’ operation for October 31st:
Brooklyn – Open at 10:00 AM
Queens – Open at 10:00 AM
Bronx – Closed
Lower Manhattan – Closed
Upper Manhattan – Closed
Washington Heights – Closed
Staten Island – Closed
From NYC Business Solutions