Expanding e-commerce trends have pushed this change. The Last-Mile Facility Text Amendment, a proposed zoning update that would require a special permit for new PDFs, means that large distribution centers would need to undergo a thorough public review and approval process before opening—ensuring that new developments are thoughtfully located and designed to minimize traffic, environmental, and community impacts.

As commercial real estate professionals who work across the Bronx, we see firsthand how thoughtful planning can transform neighborhoods without losing their soul. We want to ensure that future growth along White Plains Road supports affordable housing, local business vitality, and a thriving commercial ecosystem that reflects the people who live here.

From our vantage point as brokers, the OneLIC Plan is a catalyst for sustainable CRE growth. With nearly 15,000 new housing units, a surge in commercial square footage, and tens of thousands of new residents and jobs, LIC is poised to become a balanced live-work-play community.

At NYCCREA, we believe the Green Fast Track is more than a housing policy — it’s an economic policy. We see this policy as a real turning point. By cutting through years of red tape, the city isn’t just helping housing get built faster — it’s also pushing forward climate goals and creating fresh momentum for commercial real estate.

545,000+ jobs across 47,000 industrial businesses are the backbone of NYC’s economy—and the Industrial Plan strengthens this foundation. With final adoption by end of 2025, the Plan sets the stage for a new era of industrial investment, freight efficiency, and climate resiliency. What are the 5 Bold Goals of this Plan?

We at the New York City Commercial Real Estate Advisors (NYCCREA) brokers are excited to share why Atlantic Avenue is Brooklyn’s Best CRE Opportunity in 2025. After more than a decade of community input, this plan was officially adopted by the City Council on May 28, 2025, and it represents a bold reimagining of one of Brooklyn’s most important east–west corridors.

We’ve been in New York commercial real estate long enough to see zoning shifts come and go, but nothing compares to the City of Yes plan. Air rights used to be a rare, niche play—one of those transactions we’d maybe see once every few years. Now? Everything has changed.

A proposed rent freeze in New York City could gut investor returns, making many office-to-residential conversions financially unworkable. Office conversions offer a quicker path to creating new housing as a rent freeze provides long-term affordability for tenants.