PUBLIC TESTIMONY
Testimony by Ian Stern, Representative of Greater Jamaica Development Corporation
2:09:56
ยท
156 sec
Ian Stern, representing the Greater Jamaica Development Corporation (GJDC), expresses strong support for Intro 1132, which aims to enhance fine transparency for small businesses in New York City. The legislation addresses critical concerns shared by the business community and aligns with GJDC's mission to foster economic growth in southeast Queens.
- GJDC has witnessed regulatory challenges, especially fines, as a major source of stress and financial strain for business owners over its 50 years of service.
- The proposed annual review of fines levied on businesses citywide is seen as a crucial step towards providing valuable insights and enabling targeted interventions.
- GJDC believes that increased transparency is essential to building trust between small businesses and the city, empowering them with knowledge and resources to navigate regulations confidently.
Ian Stern
2:09:56
Good afternoon, chair Feliz and, members of the committee.
2:09:59
Thank you for the opportunity to speak today.
2:10:02
My name is Ian Stern.
2:10:03
I'm representing Justin Rogers, president and CEO of the Greater Jamaica Development Corporation or gjdc.
2:10:10
Mister Rogers sends his regrets for being unable
Oswald Feliz
2:10:13
Sorry.
2:10:13
We couldn't resend.
2:10:14
Sorry about that.
2:10:16
Sorry.
Ian Stern
2:10:16
Mister Rogers sends his regrets for being unable to attend, and I'm honored to present this testimony on his behalf.
2:10:22
Gjdc strongly supports your proposed bill intro 1132 to enhance fine transparency for small businesses.
2:10:29
The legislation directly addresses a critical concern shared by the business community and aligns perfectly with gjdc's mission to foster economic growth and opportunity in southeast Queens.
2:10:41
As an active participant in the 5 boroughs jobs campaign, we understand firsthand the challenges small businesses face navigating New York City's intricate regulatory landscape.
2:10:50
The current system of fines and regulations often lacks clarity, creating an environment where unintentional noncompliance is common.
2:10:58
These resulting penalties disproportionately impact small businesses, hindering their operations, growth, and ultimately, their contribution to our city's economy.
2:11:06
For over 50 years, gjdc has served the small businesses of southeast Queens.
2:11:11
Through this extensive experience, we've consistently witnessed regulatory challenges, especially fines, as a major source of stress and financial strain for business owners.
2:11:20
This bill offers a practical and much needed solution.
2:11:24
The proposed annual review of fines levied on businesses citywide is a crucial step.
2:11:29
This data driven approach will provide valuable insights into trends, identify disproportionately impacted sectors and neighborhoods, and enable targeted interventions and support.
2:11:38
This analysis will not only inform policy decisions, but also guide resource allocation to where it's most needed.
2:11:44
We believe that fostering a supportive environment for compliance is paramount.
2:11:48
Increased transparency is essential to building trust between small businesses and the city, empowering them with the knowledge and resources necessary to navigate regulations confidently.
2:11:58
This bill recognizes the fundamental role small businesses play in our neighborhoods and our city's economic vitality.
2:12:05
By passing this legislation, we demonstrate our commitment to undeterring these vital businesses receive fair treatment and the support they deserve.
2:12:12
Gjdc is eager to partner with you, the council, and other stakeholders to advance this important reform.
2:12:18
By working together, we can safeguard and strengthen small businesses across all 5 boroughs, creating a more vibrant and equitable economic landscape for all New Yorkers.
2:12:27
Thank you for your leadership and dedication to this important issue.