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NYC gives $1m for business recovery

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NEW YORK (AP) – Small businesses in New York City may be eligible for another $1 million in grants now available to help recover from Superstorm Sandy. The city announced Wednesday that businesses could get grants of up to $5,000 each to make repairs or replace equipment damaged in the Oct. 29 storm. Three banks are contributing the money: Barclays is giving $500,000. Citibank and UBS are each donating $250,000. The money is in addition to $5.5 million in grants from two nonprofit organizations, the Mayor’s Fund to Advance New York City and the Partnership for New York City, that were announced Nov.

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