Introduction to NYC Manufacturing Districts: Industrial Policy, Zoning and Tax Incentives

This program is designed for real estate litigators, in-house counsel, and advisors who work with properties in New York City's manufacturing zoning districts. The session will provide a comprehensive overview of the zoning framework governing these districts, recent policy updates, and the practical pathways for redevelopment. It will also address the range of tax incentive programs available to developers and outline the requirements for rezoning manufacturing properties to residential use.

Learning Objectives: 

1. Analyze Local Law 172-2023 and updates to NYC Industrial Policy, Industrial Business Zones and City of Yes zoning changes

2. Identify the different manufacturing districts and the relevant use and bulk restrictions that apply

3. Discern the differences between ICAP and NYC IDA tax incentive programs

4. Discuss ULURP and the criteria for rezoning manufacturing district sites