Search Results for: Economic Recovery

Mayor Announces Proposed Zoning Changes to Affordable Housing, Small Business Restrictions and Sustainability

The zoning text amendments are in development and will be drafted with input from stakeholders before undergoing public review later this year. On June 1, 2022, Mayor Eric Adams announced a plan for a series of new zoning text amendments and programs aimed at removing obstacles for the recovery of small businesses, increased affordable housing, and the expansion of green technology to promote sustainability. The three zoning text amendments – the Zoning for Economic Opportunity, … <Read More>

City Planning Commission Approves Two Amendments Promoting Health and Fitness

Commissioners raised concerns about the removal of special permits as a way to vet out illegitimate massage parlors. On October 20, 2021, the City Planning Commission voted to approve two applications proposed by the City to support small businesses and promote healthy food options and fitness. The two applications, the FRESH Program Expansion and the Health and Fitness Text Amendment, were part of a series of zoning proposals proposed earlier this year. 

Mayor Signs Hotel Industry Relief Executive Order

The executive order provides relief through a tax pause. On May 19, 2021, Mayor Bill de Blasio signed an executive order to provide temporary tax relief for the hotel industry as the industry continues to recover from the loss of tourism due to the COVID-19 pandemic.

Mayor Appoints Rachel Loeb as Acting EDC President

Outgoing EDC President James Patchett returns to the private sector while Acting EDC President Rachel Loeb is appointed and works to help NYC recover, rebuild, and reemerge in the wake of the COVID-19 pandemic. On Monday, March 8, 2021, Rachel Loeb assumed the position of Acting President of the New York City Economic Development Corporation (EDC) after being appointed by Mayor Bill de Blasio. Loeb succeeds James Patchett, who worked for the City for seven … <Read More>

New York Law School Hosts Open Community Meeting on the Future of Tribeca Following the Pandemic

Panel welcomed small business owners, residents, and other interested parties for a discussion regarding Tribeca and the neighborhood’s ongoing economic recovery from the COVID-19 pandemic.  On March 4th, New York Law School’s Dean Anthony Crowell published an open letter in the Tribeca Citizen that discussed the economic impact of the pandemic on the Tribeca community and NYLS’s commitment to helping the neighborhood navigate its recovery following Covid-19. Dean Crowell wrote: