Newsstands may soon sell bigger-ticket items like umbrellas
You might soon need more than a $5 bill to buy an item from a city newsstand.
City Council Speaker Christine Quinn outlined legislation today that will bump the maximum price of newsstand products from $5 to $10.
The move will streamline selling more products for city small business owners, Quinn said.
“This legislation will allow New York City’s iconic newsstands to sell more products, thereby expanding consumers’ access to more of the products they want and need,” she said.
New items that might be added to the city’s 300 newsstands? Chargers, umbrellas and earphones, Quinn suggested.
The Council last increased the product price from $2 to $5 in 2001.