Quarterly newsletter with information for all businesses in LIC
LIC Partnership Business Assistance Newsletter
Welcome to the launch of our Quarterly Business Assistance Newsletter! It will bring your important and timely information to help you run your business in Long Island City, including update on new regulations, upcoming business events, neighborhood information, and helpful government programs. We want this newsletter to be valuable for you, so please share your comments or suggestions to help us improve.
2018 LIC Business Financing Survey
We are conducting a 3-question survey to better understand the financing needs of LIC businesses. This information will help us focus on providing the most needed types of assistance to your business and others. The survey is very short, which should take less than 5 minutes to complete. We greatly appreciate your input!
Business Breakfast: Impact of New Tax Law on Business Financing - 10/18
The Tax Cuts and Jobs Act (TCJA) includes a new limit on the amount of business interest expense a business can deduct for some businesses. Please join us for an informative panel discussion to learn how this new limitation can affect your existing and new debt, as well as strategies on maximizing benefits on your tax return. 
Manufacturing Day 2018: The Power of Apprenticeships - 10/5
Manufacturers across the country are increasingly turning to apprenticeships to grow and retain a skilled workforce. Several companies have joined in this movement by participating in the City’s first ever apprenticeship effort: ApprenticeNYC. Please join us at LICP Member Boyce Technologies on 10/5 from 8:30-11:30am for a discussion on what you should know about apprenticeships, directly from the participating businesses.
New Rules
NYC Business Organics Rules
Many NYC businesses are required by law to separate their organic waste. Businesses must comply with the new Business Organics Rules if they meet the minimum requirements outlined below:

As of August 15, 2018

  • Food service establishments with a floor area of at least 15,000 square feet
  • Food service establishments that are part of a chain of 100 or more locations in NYC
  • Retail food stores with a floor area of at least 25,000 square feet

As of July 19, 2016

  • Food service establishments in hotels with 150 or more rooms
  • Arenas and stadiums with a seating capacity of at least 15,000 people
  • Food manufacturers with a floor area of at least 25,000 square feet

Businesses covered by these rules must separate staff-handled food scraps, plant trimmings, food-soiled paper and certified compostable products from garbage and other recyclables.
New Rules
NYS Sexual Harassment Laws
On April 12, Governor Cuomo signed into law the 2019 New York State Budget, updating the State’s sexual harassment laws. The following is an overview of the new laws:

  • Every employer in the New York State is required to adopt a sexual harassment prevention policy. (Deadline: October 9, 2018)
  • Every employer in New York State is required to provide employees with sexual harassment prevention training. (Deadline: January 1, 2019)
  • The new laws now protects independent contractors providing services from sexual harassment in the workplace. 

On August 23 rd, Governor Cuomo released a draft Model Sexual Harassment Policy, training and related guidance for all employees in New York State. An employer can choose to adopt the model policy or a policy that meets or exceeds the minimum standards.