In late September, the New York City Council passed Int. 2397-2021. Unfortunately, this bill has unintended economic consequences on small business owners and the hard-working employees they support.
Under this proposal, hotels that closed to the public on or after March 2020 and have not reopened and recalled 25 percent of the workforce by October 2021 would be required to make hotel employee severance payments.
This past Tuesday, in advance of Mayor de Blasio’s virtual hearing on the bill, AAHOA President & CEO Ken Greene submitted a letter to Mayor de Blasio in opposition to the bill. AAHOA Lifetime Member Mukesh Patel also submitted written testimony on the effects lnt. 2397-2021 would have on his business.
Unfortunately, Mayor de Blasio signed the bill into law. However, AAHOA and the Hotel Association of New York City will continue to work together on next steps.