DCP Releases Storefront Vacancy Report

The causes of vacancies vary due to differences in local economies and other community characteristics. On August 8, 2019, the Department of City Planning released “Assessing Storefront Vacancy in NYC”, a report which examines retail patterns and storefront vacancies across 24 different neighborhood shopping corridors around the city.


DCP Hosts First Info Session for “City of Yes” Text Amendments

On October 17, 2022, the New York City Department of City Planning (DCP) held an online information session to discuss Mayor Eric Adams’ “City of Yes” initiatives. The “City of Yes” was first announced back in June and focuses on three key areas of reform: Carbon Neutrality, Economic Opportunity, and Housing Opportunity. The amendments highlight the mayor’s desire to move away from “Not in My Backyard,” or “NIMBY” policies that restrict the development … <Read More>


Mayor Adams Signs Two Economic Recovery Bills

The two City Council measures will create a small business portal and require additional commercial property registration, respectively. On October 18, 2022, Mayor Eric Adams signed two bills, Intro 116 and Intro 383, to promote the city’s economic recovery. Intro 116 will help small business owners with City administrative needs and Intro 383 provides the city with more data about the extent of commercial vacancies citywide.


Comptroller Releases Retail Vacancy Report in Response to City Planning’s Report

Comptroller’s office analyzes other sources of data, concluding retail vacancy is citywide problem. On September 25, 2019, New York City Comptroller Scott M. Stringer released a report regarding New York City’s retail vacancy crisis. Comptroller Stringer’s report is intended to fill a void in unexplored data from City Planning’s August 8, 2019, analysis of the same topic.