Real Estate

One of the BLUEPRINT’s goals is to create quality jobs and generate tax revenue for the residents of Westchester County by reducing the inventory of unoccupied commercial space by fifty percent — or three million square feet. Based on real estate industry calculations, attracting businesses to occupy that space would create 9,000-15,000 jobs, or three to five new jobs for every one thousand square feet absorbed.

Second, The BLUEPRINT encourages re-purposing or making the most of current inventory. Old and outdated space can be re-purposed by:

  • Rethinking zoning to encourage mixed-use development;
  • Retrofitting for bio tech;
  • Encouraging retail;
  • Updating building infrastructure.