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Introduction to discussion on storefront vacancies in NYC
1:20:37
ยท
64 sec
Council Member Oswald Feliz introduces the topic of storefront vacancies, highlighting its importance for the committee and SBS. He emphasizes the negative impacts of vacant storefronts on communities, including increased graffiti, garbage dumping, and decreased foot traffic.
- Feliz mentions that SBS has been using data from Live XYZ to track storefront occupancy rates.
- He poses several questions about current vacancy rates, borough breakdowns, and trends in storefront vacancies.
Oswald Feliz
1:20:37
Alright.
1:20:38
So two more lines of questions, and then we definitely want to make sure we get an opportunity to hear from the bids.
1:20:44
So two more lines of questions, and then we'll conclude.
1:20:48
So the next line of questions is about storefront vacancies.
1:20:52
A topic that's been a big priority, not only for the committee, but also I'm sure as we all know for all of you as well as at SBS.
1:20:59
As we know, vacant storefronts create many issues in the community.
1:21:02
When you have a vacant storefront, it leads to graffiti in the area, garbage dumping makes the area unattractive.
1:21:09
It leads to garbage dumping.
1:21:10
It decreases foot traffic and creates many more issues.
1:21:16
My understanding is that SBS has been using data from live x y z to track storefront occupancy rates to fulfill reporting for several laws.
1:21:27
What are current storefront vacancy rates?
1:21:30
Do you have a breakdown by borough?
1:21:31
And also, borough if yes, which borough is seeing the most rapid growth in storefront vacancies?
1:21:38
And do we know why?
1:21:39
Four questions and one.