Business Commons^™

New York Is Promising Social Equity In Its Legal Cannabis Market, But Questions Still Loom, Brian D. Evans Jr

Capstones

This capstone will explore how New York can navigate a new landscape that accepts recreational marijuana while also dealing with an illegal pot market that can better serve the state with less arrests and a more seamless rollout. The capstone will also discuss how people of color – already targeted and arrested at a disproportionate rate for misdemeanor non-violent drug related crimes – will navigate this landscape. With less access to capital to start businesses of their own or buy/rent property, will New York perhaps introduce or entertain a program to subsidize such an effort? California has said that the …

The Price Of Regulating The Self-Storage Industry In New York City, Modou Nyang

Capstones

In December 2017, New York City Council passed a regulation that curtailed the growth of self-storage facilities in the city’s Industrial Business Zones. As a result, major self-storage developers in the city diverted their investments to other business portfolios. But the demand for storage in New York City is high. And due to high population density coupled with small living quarters, peoples need for extra space in the city is huge. In contrast, studies show that peoples need for storage in the city is underserved. In this article, i spoke to policy makers, activists and developers in the self-storage industry …

Getting It Right: New York Can Make Its ‘Inevitable’ Marijuana Industry Accessible Before It’S Too Late, Kelly Zegers

Capstones

New York is inching closer to marijuana legalization. It's often touted as a tax revenue boost for states and a fast-moving industry to be cashed in on. But who gets to have access to those benefits? Advocates are working to make sure that communities hurt by marijuana prohibition have the option and pathway to build businesses in the legal marijuana market. Small farmers are looking to grow marijuana, some hoping to take apply what they've learned about and benefited from, cultivating hemp. What's clear in a quickly evolving industry in other states is that there's no golden standard for accessibility. …

Unlocking The Mysteries Of Weed And Mexico, Eddy Martinez

Capstones

An American biotech firm named Phylos Bioscience is interested in entering the Mexican marijuana market once it legalizes. Before it can do that, it must deal with the Mexican government and a conservative society.

https://eddymartinezcunyedu.atavist.com/figuring-out-the-mysteries-of-weed-and-mexico

Adapting To $15: As The Minimum Wage Approaches $15 In Nyc, Business Owners Are Finding Ways To Make It Work, Alexandra Semenova, Sharif Paget

Capstones

This project examines the impact of minimum wage increases across major industries in New York City and State and concludes they have been manageable and even fueled broader economic growth. Since the incremental wage hikes were first signed into law in 2015, data and anecdotal evidence has shown business owners have been able to make it work and many of critics' concerns that the higher labor costs would lead to disemployment have been misplaced. The story provides an in-depth analysis of how restaurant and food establishments, health care and retail employers have adapted to higher labor costs by innovating their …

In Brownsville, A Struggle For Revitalization Without Displacement, Katherine Warren

Capstones

As many parts of Brooklyn buzz with a startling rate of economic resurgence, Brownsville seems like a neighborhood left behind.

Struggling with poverty, poor health statistics, unemployment and high crime rates, and with the highest concentration of public housing in the city, it has not seen the same commercial and real estate revival as Williamsburg, Bushwick, Crown Heights and other areas of Brooklyn.

“In Brownsville, which has had challenges battling negative perceptions of this community, most of the residents are lower income and investors in the past have deemed this community as not being as good as an investment as …

Do Rio, Barbara Brasil Marcolini

Capstones

Do Rio is a solutions journalism platform for residents of Rio de Janeiro, Brazil. It consists of a website and Facebook page where Rio de Janeiro’s citizens find inspiring stories of people who found solutions for their city’s problems, exchange ideas about the the challenges Rio faces and take part in events with positive impact. This project was created by Barbara Marcolini at the Tow-Knight Center for Entrepreneurial Journalism as part of her Master’s in Entrepreneurial Journalism at CUNY J-School.

Link: http://do-rio.com/

Startup Elsewhere, Michaela Ross

Capstones

Immigrants have made outsized contributions to American innovation and entrepreneurship, but the headwinds they face in the U.S. are now driving them to return to their native countries to startup their tech companies.

U.S. immigrants make up only 13% of the country’s overall population, but they have filed over a quarter of the country’s global patent applications, won a third of America’s Nobel prizes in the sciences in the last hundred years and make up over half of all computer science Ph.D. students in U.S. universities. Immigrants also build businesses at twice the rate of native-born Americans, and over the …