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June 20, 2006
NEW DAY FOR BUSINESS AT SUNSET PARK
Manufacturers could find an affordable home in Brooklyn warehouses.
This short item in City Limits dispels two myths on one page.
1) There's no place for manufacturing jobs in the new NYC service-based economy.
2) Sports venue jobs are a great way to foster economic growth.
Two vacant government warehouses in Sunset Park could provide homes for several dozen manufacturing companies being displaced from other parts of the city and retain thousands of blue-collar jobs, according to a new report from the Center for an Urban Future.
The report finds that redeveloping the two buildings - Federal Building #2 at Third Avenue and 30th Street and Building A at the Brooklyn Army Terminal - would create 2 million square feet of new industrial space, a boon for manufacturers at a time when so many face a space crunch due to zoning changes, condo conversions and escalating rents.
This reuse could actually have a larger impact on the city's economy than high-profile projects - like new stadiums for the Yankees, Nets and Mets - that rely heavily on public subsidies and create fewer permanent jobs.
Posted by lumi at June 20, 2006 7:31 AM