1/We’re at severe risk of mass closure of restaurants, bars & cafes due to social distancing requirements. We can’t let that happen. These businesses play an essential role in our economy & our neighborhoods.
I’m introducing legislation, #SB939, to avoid mass closures. Details:
I’m introducing legislation, #SB939, to avoid mass closures. Details:
2/#SB939, in addition to creating a commercial eviction moratorium for businesses & nonprofits, creates space for hospitality businesses to renegotiate rent where capacity has been slashed due to social distancing & the rent no longer corresponds to their mandated business model.
3/If landlords & hospitality businesses aren’t able to renegotiate rent to reflect mandated reduced capacity, #SB939 allows the business to terminate the lease. Otherwise, it’ll be stuck in an unsustainable lease or close down, be sued & the owner driven into personal bankruptcy.
4/#SB939’s goal is to encourage - & create strong space & incentives for - renegotiated rents to reflect the reality that restaurants, bars, & cafes will have mandated reduced capacity. We want these business to survive. It’s in all of our interest, including the landlords.
6/Thank you to my partner on #SB939 - @SenGonzalez_33 - for collaborating with us on this important issue.
