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From Greenpoint merchants to Chinatown lights: Where NYC’s $8.4M small-business grants are going

Summary by AM New York
Mayor Zohran Mamdani is allocating a large chunk of an $8.4 million small-business grant package toward strengthening merchant groups and business improvement districts,  and, in some neighborhoods, laying the groundwork for new merchant organizations along New York City’s commercial corridors. The grants announced Monday by Mamdani and the Department of Small Business Services will also...

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The City of New York announced on the 17th that it will provide more than $8.4 million in funding to community organizations across the city's five boroughs to support small businesses by improving the commercial district environment, enhancing marketing, and increasing foot traffic. The city stated that this is one of the largest single small business grants ever issued by the New York City Department of Small Business Services (SBS), with near…

·New York, United States
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Commercial Observer broke the news on Monday, August 17, 2026.
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