The new headquarters would have brought at least 25,000 jobs in exchange for nearly $3 billion in tax incentives. On February 14, 2019, Amazon announced the company was canceling its plans to open a new headquarters located in Long Island City, Queens after political pressure from local and state lawmakers.
Search Results for: Job Growth
Comptroller’s Report Shows Scope of City’s Affordable Housing Crisis
The report closes in on housing needs for low- and extremely low-income households and proposes four initiatives on how to provide affordable housing for these households. On November 28, 2018, New York City Comptroller Scott M. Stringer released its NYC for All: The Housing We Need report showing the scope of the City’s affordable housing crisis. According to the report, the city’s population grew nearly half a million between 2009 and 2017 and city employment … <Read More>
City Planning Releases North Brooklyn Industry & Innovation Plan
The Department of City Planning released a comprehensive plan which seeks to update zoning and other land use strategies to stimulate spaces for new jobs and economic activity in the area. On November 19, 2018, the Department of City Planning released the North Brooklyn Industry & Innovation Plan which sets land use goals and tools for businesses in the area to promote growth and expansion. The Plan is part of Mayor Bill de Blasio’s 10-point … <Read More>
City Planning Announces Anita Laremont As Executive Director
Current General Counsel is appointed Executive Director. On August 22, 2018, the Department of City Planning announced the appointment of Anita Laremont as its new Executive Director. Laremont is currently the Department’s General Counsel and Chief Analytical Officer. Laremont will succeed outgoing Executive Director Purnima Kapur. She will begin in her new role on September 4 and will continue to serve as the General Counsel until a replacement is named.
City Council Approves Inwood Neighborhood Rezoning Despite Residents Disapproval
On August 8, 2018, the City Council approved the Inwood Neighborhood Rezoning amidst resident concerns and disapproval. Mayor Bill de Blasio and Council Member Ydanis Rodriguez celebrated the rezoning approval. The rezoning was developed over the course of three years and affects 59 city blocks in the northern Manhattan neighborhood. The Economic Development Corporation, together with the Department of Housing Preservation and Development, the Department of Citywide Administrative Services, and the Department of Small Business … <Read More>
City Invests $40 Million In Brooklyn Navy Yards Project
Addition of manufacturing and creative space supports City goals to provide more middle-class jobs. On June 13, 2018, Deputy Mayor for Housing and Economic Development, Alicia Glen, together with the Brooklyn Navy Yards and Steiner NYC, announced the beginning of construction at 399 Sands Street. The project will add manufacturing and creative office space at the 300-acre Brooklyn Navy Yard, an urban manufacturing center, and is expected to bring manufacturing jobs to the area. The … <Read More>