“East New York has a lot of commercially zoned land that is under-utilized because of certain parking requirements needed for office development,” said Michael Hernandez, an associate vice president who handles industrial and office sales at TerraCRG. “If the city can help with parking requirements and with being an anchor tenant, it’s going to be great, especially with the residential rezoning that just took place there. It’ll give more commercial developers more incentive to take on these projects in East New York.”
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