THE 45-DAY CLOCK: WHAT MAMDANI'S SMALL BUSINESS ORDER CAN AND CANNOT FIX

New York opens and closes small businesses faster than almost anywhere else in the country. This spring the math went the wrong way. Roughly 8,400 businesses closed citywide. Roughly 3,500 opened. That gap has been eating corners of this city for a decade. What is new is a mayor putting his name on a promise to close it.