New York lawmakers want to give your favorite dive bar a rent freeze

Army & Navy bags in New York's Lower East Side has hung in there. Juliana Kaplan/Business Insider Many NYC small businesses are struggling with rising rents. New York State lawmakers have proposed legislation to stabilize commercial rents. Real estate industry interests say the measure would be 'destructive' for property owners. Henry Yao's 200-square-foot military surplus shop on New York's Lower East Side has hung in there for over 20 years. Other local businesses aren't so lucky: He said...