New York City is currently facing a retail crisis, with 11.2% of storefronts empty – almost double the rate from 2019. Oswald Feliz, a Democratic member of the City Council representing District 15 in The Bronx and the chair of the Small Business Committee, believes that urgent action is needed to address the issue, particularly in regards to the increasing problem of retail theft. The prevalence of shoplifting is not only affecting the economic stability of small businesses but also destroying the hopes and dreams of hardworking first-time small business owners who have poured their energy and resources into building their own shops.
These small business owners work tirelessly to create opportunities for themselves and their families, sacrificing time with loved ones in pursuit of their entrepreneurial dreams. Unfortunately, the escalating problem of theft is threatening their livelihoods and making it difficult for businesses to survive under such circumstances. Feliz points out that many of the individuals engaged in shoplifting are not driven by desperation for food or basic necessities, but rather by the knowledge that they can get away with stealing high-ticket items to resell for profit. This behavior not only harms business owners but also damages the social fabric and economic stability of entire communities.
Feliz emphasizes the need for deterrence and accountability for those who engage in retail theft, as well as addressing the issue of burglaries targeting small businesses. He highlights a case where a Bronx bodega owner lost over $100,000 in a break-in, wiping out his hard-earned savings and potential for business expansion. In response to these challenges, Feliz has introduced the Small Business Protection Act, which aims to provide grants to small businesses for security-related expenses like cameras and alarms to deter unlawful conduct. Additionally, he praises Governor Hochul for making the issue a priority at the state level and taking steps to protect retail businesses and workers.
The impact of retail theft and burglaries extends beyond just the financial losses suffered by individual business owners. Feliz notes that the prevalence of empty storefronts not only hurts business owners but also affects customers, neighborhoods, and the overall social fabric of the city. He emphasizes the importance of standing up for small businesses before the situation escalates further and leads to an irreversible blight on the city. The benefits that small businesses bring to communities are numerous, and it is crucial to address the root causes of retail theft to prevent further deterioration of the city’s retail landscape.
However, some politicians have downplayed the issue of retail theft, arguing that the problem is being exaggerated and bills decriminalizing shoplifting are not a concern. Feliz counters this by drawing attention to the experiences shared by small business owners in his district, who consistently identify retail theft as their primary challenge. He recognizes the importance of balancing compassion for those in need with the need for accountability for those engaging in criminal behavior. By addressing the root causes of retail theft, providing support for small businesses, and holding perpetrators accountable, Feliz believes that it is possible to prevent the continued decline of retail businesses in New York City and protect the vitality of its neighborhoods.
