New York City Comptroller Report Finds Decline in NYC Black-Owned Businesses, Despite National Increase

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New York City Comptroller Scott M. Stringer on Tuesday released a comprehensive, neighborhood-by-neighborhood analysis of the City’s economy since 2000, revealing both positive and negative trends for business growth across the five boroughs.

The report, The New Geography of Jobs: A Blueprint for Strengthening Our Neighborhoods, is the first-of-its-kind for the City, and shows that, overall, the number of businesses in the city’s 15 top-gentrifying neighborhoods grew 45 percent from 2000 to 2015 – a 45 percent jump. The biggest increases in business growth were in:

  • Central Harlem– 90 percent
  • Crown Heights North and Prospect Heights– 84 percent
  • Crown Heights South, Prospect Lefferts and Wingate– 67 percent
  • Greenpoint and Williamsburg– 64 percent

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