Why Are Businesses Leaving? The Inside Story of Doing Business in NYC | NTD Business Leaders

Avi Kaner co-owns the iconic Morton Williams supermarket chain in New York City. It’s a remarkable company with a 75 year history and solid business fundamentals. But it’s never faced a challenge like today.

Three and a half million people left the city in 2020. Many may never return. Add to that – riots, surging crime, and draconian city taxes that make it near impossible to do business.

Many companies have already abandoned New York. But it’s a little harder for Kaner and Morton Williams to move their stores. So they have no choice but continue their fight.

Paul Greaney, the host of NTD Business, sat down with Kaner to hear just how difficult it’s been.

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Why Are Businesses Leaving? The Inside Story of Doing Business in NYC | NTD Business Leaders

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