Thompson pledges space for garment biz, reinforcement of zoning laws, if elected

New York /
Oct.October 08, 2009 05:20 PM

Democratic mayoral candidate and current city Comptroller William Thompson told the Staten Island Chamber of Commerce today that, if elected, he would reinforce existing zoning laws for manufacturers, protecting them from “real estate speculators who offer only short-term leases,” as a means of encouraging financial recovery. Noting that the securities industry accounted for 25 percent of city wages in 2007, Thompson emphasized the need for New York to diversify the types of businesses it houses and encourage the growth of smaller commercial outlets in the city. Thompson also pledged to help the fashion industry, saying that he would work with labor unions to dedicate one million square feet of space in non-profit buildings for garment manufacturing. “Imagine if we had used the millions of dollars we spent on Yankees Stadium on efforts like this,” Thompson said. “Instead of creating part-time jobs like ushers and concession workers, we would have created many more full-time, good-paying jobs.”


Related Articles

arrow_forward_ios
MSquared's Alicia Glen, Mack Real Estate Group's Richard Mack and Association for Neighborhood and Housing Development's Barika Williams (Getty, ANHD)
Richard Mack: New York developers “made to feel like the devil”
Richard Mack: New York developers “made to feel like the devil”
From left: Lee Zeldin and Kathy Hochul (Getty)
Debate stunner: Hochul, Zeldin support idea of more housing
Debate stunner: Hochul, Zeldin support idea of more housing
Homes for sale in Staten Island
Pending homes sales down 24% on Staten Island
Pending homes sales down 24% on Staten Island
(Getty)
Zoning, infrastructure limits are squeezing US land supply
Zoning, infrastructure limits are squeezing US land supply
Gainesville mayor Lauren Poe (Facebook, Getty)
Gainesville close to ending single-family zoning
Gainesville close to ending single-family zoning
Empire State Realty Trust's Tony Malkin with 1400 Broadway
Burlington grows bigger at ESRT’s 1400 Broadway
Burlington grows bigger at ESRT’s 1400 Broadway
Empire State Realty Trust’s Tony Malkin and Shanae Ursini with 501 Seventh Avenue
Trading trains: Security firm jumps from Grand Central to Penn
Trading trains: Security firm jumps from Grand Central to Penn
The exterior of the home with Marlon Brando as Don Corleone (AirBnb, Illustration by The Real Deal with Getty)
Live like a don: “Godfather” mansion touted on Airbnb
Live like a don: “Godfather” mansion touted on Airbnb
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...