The city wants garment manufacturers to move to Brooklyn. But is it too far?

A new survey shows fashion companies don't want to relocate

New York /
Aug.August 14, 2017 08:00 AM

Despite the lure of cheap rents, the fashion industry isn’t keen on relocating to Sunset Park.

A new survey by the Municipal Art Society shows that garment manufacturers don’t want to move from the Garment District in Manhattan to Brooklyn, despite a push from the city to do so, the Wall Street Journal reported. In March, New York City Economic Development Corp. proposed changes to the district’s zoning that will do away with a 1987 restriction aimed at protecting garment manufacturers. Without the restriction, landlords in the Garment District will have an easier time converting their buildings into office space. At the same time, the city is offering rent and other incentives for manufacturers to move to Sunset Park.

To move to Brooklyn would increase commute times by 45 minutes or more for 83 percent of workers, the survey found. Sixty-five percent of customers also indicated that they probably wouldn’t make the trek out to Sunset Park to visit these companies if they moved. Still, the Real Estate Board of New York and the neighborhood’s business improvement district argue that the 30-year-old zoning protection isn’t effective.

“In this case, you essentially had a restriction arbitrarily imposed on this neighborhood that suppressed rents and thus tax revenues for 30 years,” said Barbara Blair, president of the Garment District Alliance. [WSJ]Kathryn Brenzel 


Related Articles

arrow_forward_ios
Two more rent law challenges tossed, landlords reserve hope in appeal
Two more rent law challenges tossed, landlords rest hopes on appeal
Two more rent law challenges tossed, landlords rest hopes on appeal
Purchases across the country rose 0.7 percent in August, easily outpacing estimates by retail analysts. (iStock)
Big month for retail sales bodes well for landlords
Big month for retail sales bodes well for landlords
A rendering of River Ring with Two Trees CEO Jed Walentas (BIG, Getty)
CB1 approves Two Trees’ River Ring, keeping project on pace
CB1 approves Two Trees’ River Ring, keeping project on pace
250 Park Avenue and IWG CEO Mark Dixon (Google Maps, IWG)
IWG to open 58K sf co-working site on Park Ave
IWG to open 58K sf co-working site on Park Ave
Tritec Principal Robert Coughlan with the project (Tritec)
Tritec lands $173M for Bay Shore Residences
Tritec lands $173M for Bay Shore Residences
A recent report by Harvard’s Joint Center for Housing Studies shows mom-and-pop landlords were hit harder than big firms by rental delinquencies. (iStock)
Mom-and-pop landlords, Black tenants hit harder by pandemic: report
Mom-and-pop landlords, Black tenants hit harder by pandemic: report
Deconstruct Podcast
Now streaming: the debut episode of Deconstruct, TRD’s new podcast
Now streaming: the debut episode of Deconstruct, TRD’s new podcast
Jason Pomeranc and 305 West 48th Street (CIVILIAN, Google Maps, Kelleecaitlin/Wikimedia)
Jason Pomeranc to launch new Theater District hotel
Jason Pomeranc to launch new Theater District hotel
arrow_forward_ios

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

Loading...