NEW YORK — Cost pressures continue to hurt small businesses. In particular, rent inflation is a pressure point for small businesses, according to new data from the Bank of America Institute. The ...
The expectation that high vacancy rates would prompt landlords to lower rents for business tenants hasn’t panned out. Instead, small-company occupancy costs have actually increased proportionally.
Retail spaces for lease are seen near Union Square in San Francisco, Feb. 27, 2024. Rent inflation is a pressure point for small businesses, according to new data from the Bank of America Institute.
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