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Issue Briefs

Urban Manufacturing Alliance - Policy Brief: Industrial Revenue Bond Program

Issue Brief last updated April 23, 2013

This Urban Manufacturing Alliance policy brief takes an in-depth look at the Industrial Revenue Bond (IRB) Program,
a federal financing tool designed to provide qualified manufacturing projects with access to tax-exempt debt. Because of restrictive
and somewhat outdated program requirements, there are few manufacturers eligible to finance their projects
as this tool was originally intended. In particular, the program seems ill suited to the financing needs of the growing

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Urban Manufacturing Alliance First Report-Out

Issue Brief last updated November 28, 2012

 

More than 50 representatives of public agencies, industrial development corporations and nonprofit research and policy advocates, based in 13 cities, met on October 18-19, 2012 in New York City to launch the Urban Manufacturing Alliance (UMA). UMA is a national collaborative of non-profit, for-profit and governmental stakeholders working together to grow urban manufacturing, create living wage jobs and catalyze sustainable local economies.

The gathering, convened by the Pratt Center and SFMade, with support from Citi Community Development and the Surdna Foundation, marked the first meeting of a unique platform for U.S. cities to exchange best practices and to collaborate in support of the urban manufacturing sector. A broad national consensus has emerged that revitalizing the U.S. manufacturing sector is essential to the goals of creating well-paying jobs and rebuilding the middle class. UMA’s formation comes at a moment when manufacturing job growth is leading the nation’s economic recovery, as large and small companies are “re-shoring” production, and as manufacturing start-ups are bringing new products to market at an unprecedented pace. Cities have led the country’s manufacturing renaissance, providing access to diversely talented workforces, as well as to customers, suppliers, designers, investors, and the myriad services that enable innovation and rapid response to markets. But “making it” in cities can also present challenges, from competition for scarce land, to aging and obsolete infrastructure.

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Affordable and Market Rate Energy Efficiency Incentive Programs

Issue Brief last updated October 23, 2012

This documents offers a comprehensive list of Energy Efficiency programs offered for affordable as well as market rate housing, To view the document in its entirety click the following pdf below.

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Queens Triple Play: Willets West, Major League Soccer, and the National Tennis Center

Issue Brief last updated September 21, 2012

Three separate proposals impacting Flushing Meadows Corona Park are being advanced independently – but they would cumulatively transform Queens’ flagship park, and the densely-populated neighborhoods of Corona, Flushing, and Elmhurst that surround it.

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The Future of Fashion

Issue Brief last updated January 10, 2012

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How fashion students envision their futures as entrepreneurs and use the Garment Center to launch their careers

The fashion industry is one of New York City’s largest business sectors, generating 165,000 jobs, $9 billion in total wages and tax revenues of $1.7 billion. This economic activity is partially fueled by the artistic talent and entrepreneurial energy of the 5,000 fashion students who attend one of the four nationally renowned fashion design schools located in New York City. The extraordinary synergy between Pratt Institute, the Fashion Institute of Technology, Parsons the New School and Kent State University and the hundreds of apparel companies clustered in the Garment Center creates not only a unique hands-on learning experience but a tremendous “naturally occurring” incubator to help students launch dozens of new businesses every year.

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A Luxury Housing Subsidy New Yorkers Can't Afford

Issue Brief last updated June 6, 2011

The legislature is poised to renew a tax break to New York's real estate industry that shortchanges affordable housing

The tax abatement on new multifamily residential real estate development known as 421-a cost New York City nearly $755 million last year in foregone taxes, or two-and-a-half times the level of property taxes forgiven under the program just five years earlier. The abatement, prized by the Real Estate Board of New York, expired last December. Now, the state legislature is poised to revive the tax break in exchange for the renewal of rent regulation, which expires June 15. As Albany trades 421-a renewal for the rent laws that protect the access to affordable housing of more than 1 million tenants in New York City alone, it is critical to understand the actual value of the tax abatement to developers and the ways in which the program as currently constructed gives out its benefits indiscriminately, in most cases without leveraging anything in exchange.

This issue brief from the Pratt Center details the cost of the 421-a abatement to New York City and recommends measures to better target the benefit to generate affordable housing and transit-oriented development.

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Let's Get This Revolution Started

Issue Brief last updated June 7, 2010

How Will New York Ramp Up Energy Efficiency Retrofits?

Reducing energy consumption, increasing the use of renewable energy and moving toward a low-carbon economy and culture demand both a cultural shift in routine behavior and an infrastructure to support that change. Households are the number-one source of greenhouse gas emissions in New York City, accounting for more than 14 million metric tons each year. In a growing city, that number will only shrink if a critical mass of New Yorkers weatherize their homes and apartments for energy efficiency. That act must become as normal as recycling garbage.

This Pratt Center issue brief focuses on a critical ingredient in building the infrastructure: financing mechanisms that help property owners and renters retrofit their homes for energy efficiency.

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City Charter Revision: Where Land Use Fits In

Issue Brief last updated March 10, 2010

Mayor Bloomberg has announced the appointment of a City Charter revision commission. While its review of term limits may initially grab the most attention, the commission will be looking at something else just as vital to the city’s future: land use and the process through which property owners, residents and the government decide what gets built in New York City.

The new Pratt Center issue brief "City Charter Revision: Where Land Use Fits In" outlines the major land use challenges the new commission must confront: 

  • The City Planning Commission has ceased to plan
  • The City Charter's aspiration to community-based planning has not been fulfilled 
  • Attempts to promote "fair share" of burdens have fallen short
  • Side agreements to land use decisions have proliferated without disclosure or enforcement

A renewed and independent role for the City Planning Commission, substantive support for community-based planning, an updating of fair-share to meet current realities, and disclosure and enforcement for side agreements are all essential measures for the new City Charter commission to implement.

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Saving Independent Retail

Issue Brief last updated August 10, 2009

Independent retailers are part of the glue that holds neighborhoods together, but increasingly they are fighting for survival. Retailers are plagued by high rents, competition from chains and the internet, limited access to credit, and other stresses, but their decline is far from inevitable. Drawing from the Pratt Center's work with neighborhood groups seeking to build strong shopping districts and from creative strategies pursued by other cities, the Pratt Center Issue Brief "Saving Independent Retail" details measures the Mayor’s Office can and must take to keep independent stores thriving.

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Bus Rapid Transit: A Transportation Revolution at a Bargain Price

Issue Brief last updated May 27, 2009

Working with COMMUTE, a citywide coalition of community organizations working for transportation equity, the Pratt Center analyzed commuting patterns, the location of large employment centers, and existing bus routes to develop a proposal for a citywide bus rapid transit network. The Pratt Center's analysis has informed the New York City Department of Transportation's and MTA's current plans for rolling out bus rapid transit.

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