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Lower East Side Links | The Lo-Down : News from the Lower East Side

Lower East Side Links | The Lo-Down : News from the Lower East Side
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Lower East Side Links | The Lo-Down : News from the Lower East Side

Lower East Side Links –A New York state judge tossed out a lawsuit from a group of property and business owners who wanted to stop a homeless facility from opening in the Blue Moon Hotel on Orchard Street. [New York Post] –A 21-year-old driver struck a bicyclist, a pizza deliveryman, and then fled on foot from the scene at Delancey and Columbia streets. He later returned and was arrested. [Channel 7] –Congress moved to help struggling performance venues, but if financial support promised through the “Save Our Stages Act” doesn’t arrive soon, many music halls and studios are doomed. Tony Caffrey of Arlene’s Grocery says, “For us to survive, we need to get another shot of money quickly, or we won’t be here… The lag time month by month is catching up. We really need help now. We really need the funds to come through and not talk. Talk won’t keep us open.” [NY1]

Lower East Side Links | The Lo-Down : News from the Lower East Side

Lower East Side Links –Small businesses knew they got shortchanged by the Paycheck Protection Program (PPP), the federal government’s Covid relief initiative. A new analysis supports that conclusion, showing that a little more than half of NYC micro-businesses (with 10 employees or less) received loans. On the Lower East Side, 47.7% of small businesses secured loans. The analysis shows that more affluent neighborhoods got a larger share of PPP loans. [The City] –Second generation Chinese New Yorkers are stepping up to help devastated Chinatown businesses but there’s widespread agreement that the only thing that will save most local small businesses is a massive federal bailout. [WNYC-Gothamist]

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