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AGENCY TESTIMONY
Overview of warehouse landscape in New York City
0:27:04
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72 sec
Commissioner Aggarwala provides an overview of the warehouse landscape in New York City, including statistics on the number and size of warehouses, recent developments, and major operators.
- New York City has more than 8,000 warehouses
- 6,800 (85%) are under 25,000 square feet
- About 500 warehouses are over 50,000 square feet, comprising 40% of total warehouse space
- 35 warehouses greater than 75,000 square feet were constructed or renovated in the past ten years
- Major operators include parcel delivery companies, direct-to-consumer companies, and large suppliers to retailers
Rohit Aggarwala
0:27:04
Could I have the next slide, please?
0:27:06
While trucks, trains, ferries and bikes are modes that don't pollute or that do and don't pollute, the patterns of freight movement in New York City are significantly shaped by the location and facilities of the city's large warehouses.
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New York City has more than 8,000 warehouses.
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Most are relatively small.
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6,800 or about 85% are under 25,000 square feet.
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A subset are large.
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About 500 warehouses are over 50,000 square feet.
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While just 6% of the total number of warehouses, these large warehouses comprise more than 40% of total warehouse space.
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Many of these are recent.
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In the past ten years, thirty five warehouses and distribution centers greater than 75,000 square feet were either newly constructed or completely renovated in New York City.
0:27:57
New York City's largest warehouse operators range from parcel delivery companies like FedEx and UPS to direct to consumer companies like Amazon, IKEA and FreshDirect and also include large suppliers to retailers like Pepsi Cola, Restaurant Depot, Manhattan Beer and Coca Cola.
Robert F. Holden
0:28:15
Could I
Rohit Aggarwala
0:28:15
have the next slide, please?