<P><FONT size=1>Table of Contents
Executive Summary....................................................................1
A New Vision for the Fashion District................................................1
Residential Market Trends............................................................4 </FONT></P>
<P><FONT size=1>Introduction............................................................................10 </FONT></P>
<P><FONT size=1>A New Vision for the Fashion District..............................................12 </FONT></P>
<P><FONT size=1>Current Employment and Historic Trends in the Fashion District.....14
Current Employment Profile.................................................14
Employment Trends Since the Late 1980s.....................................15 </FONT></P>
<P><FONT size=1>Tenancy and Space Utilization...............................................20 </FONT></P>
<P><FONT size=1>Demographic Trends..........................................................23 </FONT></P>
<P><FONT size=1>Real Estate Market Trends...............................................25
Overview.............................................................25
Office Market Trends....................................................26
Residential Market Trends................................................28
Retail Market Trends..................................................30</FONT></P>
<P><FONT size=1>Current Zoning Conditions................................................34 </FONT></P>
<P><FONT size=1>Prospects for Rezoning and New Development in the Fashion District.....35 </FONT></P>
<P><FONT size=1>Trends and Development Shaping the Future of the Fashion District.....41 </FONT></P>
<P><FONT size=1>Lost Opportunities – The Downside of Maintaining the Status Quo in the Fashion District...47 </FONT></P>
<P><FONT size=1>Implications for Fashion District Strategy........................................48</FONT></P> BLgToHP6.rar(781.25 KB, 下载次数: 17)
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<P>Strong Demand for Housing
As the earlier residential market analysis demonstrated, the demand for housing remains strong in Manhattan. While there has been residential development activity on the periphery of the Fashion District, the existing zoning has for the most part prohibited the conversion to and development of housing units in the district. The building conditions analysis highlighted the many opportunities to generate new housing on the blocks between Eighth and Ninth Avenues. If the zoning were changed to permit housing to intermingle with the commercial and manufacturing uses that are ongoing on those blocks, it is very likely that other complementary uses including restaurants and retail would spring up as well. These additions to the mix of activity in the area would help enliven the neighborhood and invigorate the non-residential areas of the Fashion District.</P>