Enhances penalties for violations by cabarets in the city of New York

Authorizes the denial of the issuance or renewal of a cabaret license in the city of New York upon the determination of the community board that the licensed premises would have a negative impact on the surrounding community; authorizes the imposition of a fine of up to $10,000 for unlicensed operation of a cabaret or for violations by cabarets; provides for mandatory suspension or revocation of a cabaret license for violations thereof.