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New York & Tri-State  + Downtown New York  + Retail  | 

Downtown Alliance Offers Grants to Essential Small Businesses

The Alliance for Downtown New York launched the Small Business Rental Assistance Grant program to offer immediate help to storefront businesses currently providing vital services to residents and essential workers in Lower Manhattan during the COVID-19 pandemic.

With support from Brookfield Properties, Silverstein Properties and The Howard Hughes Corporation, the Downtown Alliance’s Small Business Rental Assistance Grant will give Lower Manhattan’s small businesses access to $800,000 in grants. The individual grants will offer $10,000 each to small businesses as a single direct payment to be applied to April or May rent.

The Small Business Rental Assistance Grant is part of a continuing effort by the Alliance to support businesses that are being adversely impacted by the spread of COVID-19. The Alliance says efforts will continue throughout the recovery phase, with dedicated marketing programs and initiatives to help turn the lights back on across the neighborhood.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).