NYC May Double Price Cap for Newsstands
The newsstands that dot New York City’s sidewalks would be able to stock cellphone chargers, camera batteries and other items under a City Council proposal to double a more than decade-old price limit from $5 to $10, officials said Monday.
The change would let newsstands keep up with rising prices and sell items that are increasingly in demand, such as chargers and camera batteries, Council Speaker Christine Quinn and colleagues said as they announced the measure.
“We need to keep up with the times and help ensure these small business owners can continue to compete and succeed in our city,” Quinn said in a statement.
Newsstands are a venerable part of the streetscape in on-the-go New York, selling publications, candy, umbrellas and other items. But their numbers have dropped over time. A newsstand proprietors’ group has said there were nearly 1,600 of the sidewalk kiosks in the 1950s, compared with about 300 now.
This article appeared in print on page D14 of edition of Hamodia.
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