City Council members, community organizations and several candidates running in upcoming elections gathered on the steps of City Hall earlier today in support of the Small Business Survival Act. The bill, being considered by the City Council, would give small businesses the option of 10-year leases and the right to mediation if negotiations with landlords reach an impasse. The Bloomberg administration opposes the legislation, saying it would not be practical for the city to track every lease. Among the speakers, District 1 City Council candidate Margaret Chin:
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