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Council member discusses balancing regulation of mega facilities and smaller industrial businesses
2:31:49
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75 sec
Council Member Alexa Avilés discusses the challenge of balancing regulation of large e-commerce facilities with the protection of smaller industrial businesses. She emphasizes the need to focus on mega facilities while supporting a healthy industrial business sector.
- The first tier of regulation will target mega facilities like Amazon
- Concerns about mega facilities destroying industrial business zones by driving up rents
- Acknowledgment of the need to retain and support smaller industrial businesses
- Commitment to seeking guidance on striking the right balance in regulation
Alexa Avilés
2:31:49
And so we are keenly aware of the balancing act and particularly what you heard from the administration and what we are watching for is to make sure that these mega facilities, in particular, are the first tier of regulation.
2:32:09
They themselves are destroying our industrial business zones by just eating up acres of land that and no one can compete for industrial business rent when you're going against Amazon.
2:32:22
What was their annual profit?
2:32:26
I don't know.
2:32:27
Billions?
2:32:28
Billions?
2:32:29
Billions?
2:32:29
We ain't worried about them.
2:32:30
They need to pay their workers correctly, they need to do right by New York City and address all the labor conditions.
2:32:38
However, we are concerned with a healthy industrial business sector, honestly, and we want to retain.
2:32:44
So so we will continue to talk and look for your guidance around how we strike that correct balance of the two, really hear your your concerns there.
Osagie Afe
2:32:55
Absolutely.
2:32:56
Thank you so much for that input.
2:32:58
And all we are asking is, you know, for the industrial advocates to be part of the discussion.