Manhattans Garment District Confronts Stark Challenge After Big Rezoning
News Source : Commercial Observer
News Summary
- The Garment District has sustained New York’s fashion and entertainment industries for decades.
- As new offices and mixed-use conversions sprout throughout Midtown South, industrial tenants have encountered escalating rents and pushback from their landlords.
- “Each subsequent rezoning, which stripped away protections, makes it harder to find affordable rental space,” said Tessa Maffucci, New York Fashion Workforce Development Coalition (NYFWDC) coordinator.
- Some manufacturers have trickled out of Midtown in search of cheaper rents in Queens’ Long Island City, the Brooklyn Navy Yard, and New Jersey.
Laura Weber is really good at what she does.The founder of LW Pearl Atelier has provided embroidery for international luxury brands such as Gabriela Hearst, Proenza Schouler and Thom Browne. Her in [+8817 chars]
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