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Mayor Eric Adams' administration has proposed zoning changes that would allow casinos to be built in various areas of New York City. The plan restricts casinos from being located in residential areas but permits them in medium- to high-density commercial districts and manufacturing zones. The proposal does not impose size restrictions on the casinos and allows developers to include related facilities like hotels and restaurants. While some critics argue that the plan lacks detailed scrutiny and planning power, the City Council has the authority to modify the proposal before final approval. The state-led process for selecting new gambling sites is ongoing, and the applications for casino licenses are expected to be submitted next year. [Extracted from the article]

The article discusses a comprehensive study conducted by Harvard University's Professor Raymond Vernon on the New York region's growth factors until 1985. The study concluded that the region will still be the leading industrial and commercial area in the U.S. It is also predicted that the population of New York City will drop slightly, but there will be more jobs available. The study was sponsored by the Regional Plan Association.

Presents a list of appraisal firms, industrial/office real estate brokers, engineering firms and consultants, environmental consultants, industrial parks, office buildings/complexes, residential real estate brokers, and title insurance firms in New York State. Lauritano Appraisal Services; Rogers & Taylor; Choice Appraiser Network; Eric T. Reeps Appraisals; Smith & Salerno Valuation Services; Michael Haberman Associates; Goodman-Marks Associates; Residential Valuation Specialists.

The article focuses on the decline in revenues of the Port Authority Trans Hudson (PATH) railroad line from New Jersey to Manhattan, New York City in 1978 and its impact on the Port Authority (PA) of New York and New Jersey. Topics discussed include the efforts of executive director Peter C. Goldmark to cut costs and raise the agency's savings, the agency's plan to build industrial parks in both states, and the proposed sale of the World Trade Center (WTC) in New York City to generate cash.

Reports on the attraction of companies searching cheap land and state Empire Zone program benefits by the Brookhaven Industrial Park in Long Island, New York. Area of the park; Park accessibility; Economic advantages of the park.

The article reports that New York City Councilman Carlos Menchaca has told the owners of Industry City to pull their application to rezone the industrial complex in Sunset Park. Topics covered include fears that the rezoning might result in displacement, rising commercial and residential rents and congestion. Also mentioned is Menchaca's claim that the city rezoning process was insufficient to craft a proposal that addressed such concerns and included community input.

The article comments on a warning issued in March 2011 by New York City Councilman Carlos Menchaca not to start the rezoning plan proposed by Industry City. Topics covered include the City Charter which gives the City Council the power to decide the fate of zoning proposals, the Industry City's right to the review process, and Menchaca's motive for calling for a lengthy and collaborative process.

The article focuses on the plan by New York State University to build a Silicon Valley to attract high-technology companies, according to university president George Low in 1981.

The author criticizes the plan of the Port of New York Authority to develop industrial parks in the New York metropolitan area because it has little to do with the purpose for which it was founded but only because it is suffering from the empire-building mentality of its former boss, Austin Tobin.

Describes the design and the construction of the 20 River Terrace building in Lower Manhattan, New York City, owned by the Hugh L. Carey Battery Park City Authority (BCPA). Information on the environmental guidelines issued by BCPA for the building and for future development projects in Battery Park City; Materials to be used in the project; Details of the buildings features and facilities.

The article deals with the preparations being conducted by Long Island City for the arrival of electronic retailer Amazon to the former industrial enclave. They include the establishment of a 180-million-dollar Long Island City Investment Strategy and a plan to open two new K-5 school buildings. The decision of Amazon to put half the property taxes on the publicly owned sites it will occupy into an infrastructure fund is also cited.

The article focuses on the restoration of the Brooklyn Navy Yard, a former U.S. Navy base in Brooklyn, New York City, which was transformed into an industrial park. It mentions several manufacturing firms established in the area which include Crye America, manufacturer of Kevlar boy armor, Steiner Studios, a soundstage on the East Coast, and Cumberland Packing, maker of Sweet & Low. Also noted are the future prospects for the Brooklyn Navy Yard which has started to gain the public's interests.

This section offers New York City real estate sector news briefs as of June 2016. The Indepedent Budget Office (IBO) in New York challenged the economic claims of the developer during the opening of Related Cos. at the Hudson Yards. Financial services company Ameriprise Financial will move its office to One World Trade Center. Plans for turning 11 industrial blocks in Queens to become a new neighborhood to be called Flushing West was cancelled by the city planning department.

The article reports on the plan of New York City Mayor Bill de Blasio to develop a streetcar project which operates a light rail train from Astoria to Sunset Park as of February 2016. Topics discussed include the views of Anthony Rizzo of Hercules Heat Treating Corp. on the issue, its impact on the industrial sector, and the issue of industrial zone protection.

The article focuses on shutting down two swathes of the Great White Way to automobile traffic and turning the asphalt where it crosses Times Square and Herald Square over to pedestrians and bicyclists in New York City. Through this idea, the traffic can move more smoothly by giving automobiles less road to drive on. The move is aimed at loosening the traffic knot by increasing green-light times on the roads. It is expected to improve traffic flow by up to 37 percent.

Several charts are presented which depict the ranking of industrial parks including Hauppauge Industrial Park, Heartland Business Center, and Marcus Industrial Park, and the office market ratings in Long Island, New York including commercial overall vacancy rates and commercial overall asking rental rates per square foot.

The article reports on the labor dispute in the Hauppauge Industrial Park in New York. The representatives from the Local 7 carpenter's union are picketing against Liberty Moving and Storage because they claim that the company is hiring non-union labor to build its new 70,000-square-foot headquarters at the park. According to Liberty owner Mike Federico, the waning economy has forced them to make the decision.

The article presents information on the rezoning of garment district by the New York City Department of Planning. It is stated that the city's few remaining manufacturers are feeling the pain because of the announcement by the department. Garment district landlords say that discussions with the city on the rezoning have come to a halt in the face of their opposition to preserving any production space for manufacturing facilities.

The article reports on the proposal to build the Marriott SpringHill Suites hotel at the Brookhaven Industrial Park in Yaphank, New York. The new hotel will be built by Briad Development East LLC, which has applied to the Town of Brookhaven for a zone change and a construction variance. It is noted that the success of the industrial park has caused the demand for the construction of the hotel.

The article focuses on the support of the government of Albany, New York over biotechnology institutions. It has given $20 million to New York Medical College, Westchester Institute for Human Development and the Academic Medicine Development Co. The money will be used for the renovation of former American Health Foundation building, establishment of a center to develop new technologies, and transformation of an industrial park into mouse facility.

The article reports that incubators are being swamped by fledgling technology firms in New York. Officials of incubators are pleased with the demand, as well as with the quality of the companies and their leaders. The business owners also appreciate the incubator's relatively low rents and flexible leases, which run month to month. Pace University's Second Century Innovation and Ideas Incubator, originally designed to nurture a broad range of companies, has had so many software and new-media firms apply that technology has become the facility's focus.

The article reports that one in five businesses in the Hauppage Industrial Park have dial-up Internet connections rather than broadband connections in New York. This finding is the result of a study conducted by the Hauppage Industrial Association. Some companies consider the level of Internet service as a hindrance to their achievement of long-term business goals.

Focuses on the efforts of technology incubator center, the Hudson Valley Center for Innovation, to create technology businesses in New York. Selection of Ulster County as site of the business incubator initiated by Les Neumann; Thoughts of Neumann on the role of rents in determining whether business succeeds or not; Significance of the reviews and analysis of the business viability.

Reports on the efforts of the Greater Cazenovia Area Chamber of Commerce to keep its business incubator, the Cazenovia Business Center, from closing in New York. Need for the building to be at full occupancy to help support its finances; Reduction in the work hours of part-time employees to cut cost; Establishment of affordable business spaces to attract tenants.

Reports on the sale of four buildings in Inwood Industrial Park by Chasanoff Properties Inc. after winning a settlement against former tenant Nortek Inc. in New York. Details of the case; Concentration of the company to its primary asset; Payment of Nortek Inc. for damages caused to the building and reimbursement of Chasanoff's legal fees.

Reports that Quality King Distributors Inc., a Long Island, New York-based distributor of pharmaceutical, health and beauty products, has acquired a contract for a property in the Brookhaven Industrial Park. Quality King's plans to move its corporate headquarters and warehouse to the park; Regulatory approvals needed by the company to relocate its operations.

Reports on the business planning of semiconductor maker Standard Microsystems Corp. in Long Island, New York. Sale of buildings in the Hauppauge Industrial Park; Expansion of the 80 Arkay Drive operations; Economic incentives of the consolidation projects.

Reports on the joint venture between the Melville, New York-based companies Gregg and Mitchell Rechler and PJ Ventures to expand a Commack power center and business facility featuring a Wal-Mart, Home Depot and Kohl's near the Long Island Expressway. Construction of a retail facility; Launch of the R[sup 2] real estate venture that focused on development projects; Retail trade.

Reports on the construction of a warehouse and distribution facility by the Long Island, New York-based Quality King Distributors Inc. in the Brookhaven Industrial Park to support the growth of its operations. Operations in the distribution of pharmaceutical, health and beauty products; Application for an economic incentive package to the town's Department of Economic Development; Business operations and strategies.

Reports that Kamco Building Supply is in contract to sell its facility at the Enterprise Park at Calverton in Long Island, New York to Vertical Line Productions, another tenant of the park. Price of the Kamco complex; Details of the problems experienced by the company.

Reports on the proposal of New York's Nassau County Executive Tom Souzzi for an empire zone which will provide incentives such as property tax abatements and utility rate reductions for companies within their boundaries. Number of empire zones in the state; Proposal of an updated plan that would create one Nassau zone centered in the Village of Hempstead; Legislators supporting the plan.

Reveals that New York senator Michael Balboni has introduced legislation that would create economic hubs on or near college or university campuses. Proposed creation of 50 College Empire Zones that would provide real property tax exemptions, utility rate reductions and other tax credits for private businesses that collaborate with the associated schools.

Reports on the development of an 87-acre parcel adjacent to the Heartland Business Center launched by Heartland Development Corp. executive Gerald Wolkoff in Long Island, New York. Number of jobs created by the project; Industrial space included in the industrial park; Construction of an access road to be known as Wilshire Boulevard.

Focuses on the past and present social condition of the Times Square commercial district in New York City. Impetus to the prevalence of violence in the area in the 1970s; Year in which the clean-up initiative was implemented; Importance of the area for the city's economy.

Features the Hauppauge Industrial Park in Hauppage, New York. Total number of businesses installed in the area; Overview of the status of the site prior to its development; Economic importance of the industrial park.

Reports on the ranking of industrial parks based on the completed area in Long Island, New York. Occupants of the sites; Contact information; Location of the projects.

Reports on the plans of Milteq Inc. to expand operations at the Hauppauge Industrial Park in Hauppauge, New York. Approval won from the Suffolk County Industrial Development Agency for an economic incentive package for the project; Sales generated by the manufacturer of components for the microwave electronics industry; Refusal of a company spokesman to elaborate on the business plans.