Many cities already suspend sales taxes for a few days a year on items such as clothing and school supplies, usually to garner the favor of overtaxed parents struggling to raise kids and to give mom and pop an incentive to frequent overtaxed downtown enterprises struggling to make profits.
As the industrial centers of Manhattan began to decline in the 1950s, residential tenants moved to White Street, along with some "downtown" type enterprises: Let There Be Neon, at 38; the Flea Theater, at 41; and the Manhattan Children's Theater, at 52.
Companies like Avis and Hertz, which once focused primarily on business travelers, are pushing for more vacation business, while those that concentrated primarily on downtown rentals, like Enterprise, are expanding to airports.
And while the empty storefronts of shuttered businesses are still visible downtown, some new enterprises, including several restaurants, have moved in.
Second, we need a state-city/ public-private redevelopment authority to do for us now what the emergency financial control board had to do in the fiscal crisis of the 70's: gather all the money and have the most creative ideas to make downtown Manhattan a federal enterprise zone.
New Rochelle officials announced plans to sell a 1.9-acre downtown lot to Cappelli Enterprises, Inc., the developer of New Roc City, for $2.5 million.
SADIE McKEOWN, a senior vice president for the Community Preservation Corporation, a Manhattan-based nonprofit consortium of 94 banks and insurance companies, said that the recent larger-scale development appears to be triggering a revitalization of the smaller enterprises in downtown New Rochelle.
"Back in the 1990s, some provincial enterprises or quasigovernment enterprises were buying hotels downtown, and everyone was scratching their heads, and saying, What's the reason for it?' And they turned out to be very bad investments.
"In the 1990s some provincial enterprises or quasi-government enterprises were buying hotels downtown, and everyone was scratching their heads, and saying, What's the reason for it?' And they turned out to be very bad investments.
The building is centrally located within blocks of the train and bus terminal, Long Island ferry, and the newly renovated Housatonic Community College with its modern art collection and gallery, the Downtown Cabaret Theater, and other enterprises.
