FOR IMMEDIATE RELEASE
October 25, 2012
MAYOR BLOOMBERG SIGNS LEGISLATION EXPANDING THE BOUNDARIES OF THE FAR ROCKAWAY EMPIRE ZONE
Remarks by Mayor Michael R. Bloomberg at a Public Hearing on Local Laws
“The next bill before me is Introductory Number 733-A, sponsored by Council Members Sanders, Cabrera, Comrie, James, Mealy, Williams, Arroyo, Rose and Gennaro. Introductory Number 733-A expands the boundaries of the Far Rockaway Empire Zone within the borough of Queens.
“The Empire Zone Program is a New York State program that was designed to attract new businesses to New York and enable existing businesses to expand and create jobs through a mix of State tax credits. This boundary amendment will add 54.9 acres of contiguous land to the Zone which will allow for the continued progress of the Arverne by the Sea development.
“This redevelopment includes the installation of new public infrastructure, a new supermarket, a twenty-two thousand square foot retail transit plaza, a new forty-five thousand square foot YMCA community center, and approximately 2,300 middle-income units of housing.
“By extending the current Empire Zone, we will help generate significant economic activity throughout Far Rockaway through hundreds of construction, retail, and commercial employment opportunities.
“I would like to thank Small Business Services Commissioner Robert Walsh and his staff for their work on this bill along with my Office of City Legislative Affairs. I would also like to thank the City Council for approving this legislation.”
Marc LaVorgna/Evelyn Erskine (212) 788-2958
Twitter YouTube Flickr