citymeetings.nyc

Your guide to NYC's public proceedings.

QUESTION

Are there any city, state, or federal regulations or laws that we could pass that you think would drastically change vacancy rates back to what they were?

1:27:00

·

40 sec

The council member asks if any city, state or federal regulations or laws could be passed to drastically change vacancy rates back to previous lower levels. The SBS Chief of Staff responds that they are convening SBSs nationwide to discuss challenges like vacancies and theft, hoping to surface new ideas.

The Council Member inquires about potential regulations to reduce vacancy rates
The SBS is convening meetings with other cities to discuss vacancy challenges
The goal is to identify new solutions to address high commercial vacancy rates
No specific regulations or laws are mentioned to revert vacancy rates

Oswald Feliz

1:27:00

Is there any city, state, or federal regulation or loss that we could pass that you think would drastically change the numbers back to what they were.

1:27:10

City of yes, I'm sure it's one of them, anything else.

1:27:13

That we thought about?

Tian Weinberg

1:27:14

City of Yes will underscore again, but we are actually in the process of convening SBSs from cities all over the country to talk about the shared challenges that all cities are facing from commercial vacancy to retail theft.

1:27:29

And so we're hoping that as part of that conversation, we'll be able to surface new ideas.

Oswald Feliz

1:27:34

Thank you.

1:27:35

Thank you so much.

1:27:36

Does anyone else have any other questions?

1:27:39

Alright.

1:27:39

Well, thank you so much for joining today.

← Previous Chapter

What are the ways the City of Yes amendments would encourage property owners to rent vacant commercial spaces?

Next Chapter →

Transition to Testimony