WHAT'S LIVE?

UNION SQ.

8:00PM

TIME MATTERS

UNION SQ.

11:00AM

Built on the Ground

Scaled with Technology

Transformative Visibility

+

=

COMPSTAT

FOR THE

LOCAL ECONOMY

FOR THE

143,837

16,102

11.19%

46,429

5,501

11.85%

240

30

12.50%

551

39

7.00%

Promotion & Tourism

Policy & Analysis

Economic Growth

Communications & Outreach

Safety & Emergency Response

Citywide Data Infrastructure

The Live Map on Every Corner

ADDITIONAL MATERIAL

The NYC Local Economy is Thriving

  • Groceries and Specialty Food Stores are up over 9% vs. pre-pandemic levels

  • Juice & Smooth Shops up 36%

  • Sporting Goods & Outdoor Equipment Stores up 17%

  • Coffee & Tea up 14%

  • Smoke Shops are trending down for the first time since the pandemic

  • 38,170 new storefront businesses opened in this administration
    • ​30% of storefronts operating today ​
    • Over 250,000 jobs created
  • 6,720 new openings YTD in 2024

  • Vacancy rate has declined 3 quarters in a row

The NYC Local Economy is Thriving

*DOF x Live XYZ data

The NYC Local Economy is Thriving

  • The Bronx is back: Vacancy is 8.17% vs. 8.54% pre-pandemic

  • Manhattan north of 59th is thriving at 11.03% vs. 11.93% pre-pandemic

  • Brooklyn is nearly back to pre-pandemic levels

  • Queens now has more storefront businesses operating than ever before, led by LIC, Forest Hills, Woodside, Ridgewood, and South Ozone Park

  • 29 BIDs have double digit decreases in vacancy vs. pre-pandemic levels

NYC Corridor Vacancy today vs Pre-Pandemic
Morris Park BID -58%
Westchester Square -57%
Throggs Neck BID -53%
Washington Heights BID -47%
Columbus Avenue BID -46%
White Plains Road BID -42%
Park Slope 5th Avenue BID -38%
Jerome-Gun Hill BID -38%
Kingsbridge BID -34%
Myrtle Avenue Brooklyn Partnership -30%

Zoning for economic

“I’d like to get to the point where I can capture the essence of a precise moment in a given place, compose the work, and perform it immediately in a natural way.”

-coltrane