City moving forward with plan to limit hotels in industrial zones

City Planning Commission began public review process on Monday

New York /
Apr.April 27, 2018 10:15 AM

The Gansevoort Hotel in Meatpacking (Credit: Gansevoort Hotel Group)

The city is advancing legislation that would require hotels to get a special permit to build in industrial areas.

The City Planning Commission began the public review process on Monday for the proposal, which would make it harder for developers to construct hotels on land that is zoned for manufacturing, according to Crain’s.

Some planning experts have criticized the bill as an attempt to limit hotel construction despite record high tourism in New York City. Some hotels in manufacturing zones have also been credited with revitalizing their neighborhoods, such as the Gansevoort and Standard in the Meatpacking District and the William Vale and Wythe in Williamsburg.

Members of Bill de Blasio’s administration argue instead that industrial businesses offer high paying jobs and mobility to people who do not have a college education.

The City Council would have to approve the special permit, and members have expressed support for the idea.

However, Mitch Korbey, an attorney at Herrick’s, told Crain’s that fears of hotels taking away manufacturing jobs were overblown.

“Hotels built in manufacturing zones have created many more jobs and sparked much more economic development than they have displaced,” he said. “The loss of thousands of manufacturing jobs in the city over the years has nothing to do with zoning or hotels.” [Crain’s]Eddie Small


Related Articles

arrow_forward_ios
RSA President Joseph Strasburg (Rent Stabilization Association)
Landlords plea for water rate freeze ahead of vote
Landlords plea for water rate freeze ahead of vote
Gary LaBarbera, Sen. Salazar and Sen. Gianaris (Getty)
Real estate winners and losers of the legislative session
Real estate winners and losers of the legislative session
The commercial market was hit hard by the pandemic, and property tax revenue is expected to fall 5 percent. (iStock)
Tax bills show how much Covid devalued NYC real estate
Tax bills show how much Covid devalued NYC real estate
A campaign by the Small Property Owners of New York to raise the rent on stabilized units doesn’t have the backing to move the needle (Getty)
Small landlords’ raise-the-rent campaign lacks backing
Small landlords’ raise-the-rent campaign lacks backing
Sen. Michael Gianaris (Getty, iStock)
Hotel, office conversion bill advances with deadline at hand
Hotel, office conversion bill advances with deadline at hand
Acting Katara CEO Andrew Humphries and 355 West 16th Street (Google Maps, AHIC)
Katara Hospitality takes over Dream Downtown’s $125M ground lease
Katara Hospitality takes over Dream Downtown’s $125M ground lease
Senator Shelley Moore Capito and President Joe Biden (Getty)
Biden ends talks with GOP on infrastructure, turns to Plan B
Biden ends talks with GOP on infrastructure, turns to Plan B
About 38 percent of New York hotels with loans in commercial-mortgage backed securities were 30 days or more past due in May. (iStock)
Hotels’ recovery taking longer in NYC than elsewhere
Hotels’ recovery taking longer in NYC than elsewhere
arrow_forward_ios

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

Loading...