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Fashion Center Business Improvement District releases study.



The Fashion Center Business Improvement District recently released a comprehensive study of its area entitled "Remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure.

bone remodeling
 the Fashion District" which examines some of the issues hampering development in its area and suggests potential strategies for effecting positive change.

Over the past decade, the economic revitalization realized in midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 neighborhoods such as Times Square, Bryant Park Bryant Park is a 9.603 acre (39,000 m²) public park located in the New York City borough of Manhattan. It is bounded by Fifth Avenue, Sixth Avenue, 40th Street and 42nd Street in Midtown Manhattan.[1] The central building of the New York Public Library is in the park. , and 34th Street has not spread into the Fashion District, despite its centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 location, excellent access to transportation and high pedestrian volume. As the Bloomberg administration presses forward with its Hudson Yards initiative, the Fashion District's unrealized potential stands glaringly alone as missing piece of the Midtown puzzle.

The study, which included a door-to-door survey of uses, not only examines the real-estate related issues affecting economic growth, but also addresses the problems and concerns of fashion industry, and in particular the manufacturing segment.

Barbara Randall, executive director of the Fashion Center BID stated "This industry is historically and intrinsically tied to the fashion district, and any efforts to improve the area should, by necessity, include addressing the local problems facing the industry."

Among the strategies considered in the report are the introduction of new and converted residential usage in one section of the district, removal of the special garment district The Garment District is a store in Cambridge, MA and is well known for its Dollar-A-Pound clothing store. The Garment District started out as an offshoot of Harbor Textiles, a textile company which produced wiping cloths for industry that began in the late 1940s.  zoning overlay, and a call for the city administration to provide meaningful assistance to the fashion industry.

George S. Kaufman, chairman of the Fashion Center BID, said "We believe that a cooperative effort of the City, the property owners and the fashion industry can produce a plan which will provide benefits to all of the interested parties."

The full report, as prepared by the Appleseed consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 with Buckhurst, Fish & Jacquemart, Inc. and Real Estate Solutions, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, can be obtained by contacting the Offices of the Fashion Center BID. The report will also be available beginning March 10 in the new real estate section of the Fashion Center's website at www.fashioncenter.com/realestate.
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Mar 19, 2003
Words:319
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