NYC Markets Opportunity: La Marqueta and Essex Street Market

Proposals are being accepted for production and retail space at La Marqueta on 1590 Park Ave (115th St), and retail opportunities at Essex Street Market on 1590 Park Ave (115th St). The City of New York owns La Marqueta and Essex Street Market, and both are managed by the New York City Economic Development Corporation (NYCEDC).

NYCEDC’s mission with NYC markets is to:

  • Connect markets to their communities
  • Provide access to affordable, healthy food
  • Support small business

New York State Minimum Wage is Now $8/hour

New York State minimum wage has increased from $7.25 to 8/hour as of Dec. 31, 2013, and will remain at this rate until 12/30/14.  There’s a light at the end of the tunnel for minimum wage employees, as the rate will continue to increase to $8.75/hour in 2015 and to $9/hour in 2016. The updated law affects almost every restaurant and hotel employee covered by minimum wage law. The addenda also affect the uniform maintenance rate and employees who work shifts longer than 10 hours. The maximum tip credits that employers can claim will increase by the same amount as the minimum wage, so for example $0.75 in 2014, another $0.75 in 2014.

If you have not already done so, you will need to provide a new pay notice to your employees for the minimum wage rate increase.

For more answers to frequently asked employee and employer questions, visit NYC.gov.