N.Y. Comp. Codes R. & Regs. Tit. 5 § 10.5 - Nearby or contiguous lands
(a)
Lands nearby or contiguous to areas described in section
10.4(b) and (h) of
this Part may be eligible to be included within an empire zone if, upon the
request of the applicant for such designation, the commissioner finds that such
additional lands have significant potential for business development and job
creation which will enhance economic revitalization of the zone and benefit
zone residents. This request shall be included in the original application for
designation of an area as an empire zone; for an existing zone or in a request
for a boundary revision.
(b)
Factors to be considered by the commissioner in determining whether such
additional lands have significant potential for business development and job
creation are:
(1) existing infrastructure,
such as water, sewers and roadways;
(2) lands and/or buildings immediately
available for development;
(3)
access to public transportation;
(4) labor force available in the immediate
area;
(5) nearby training
facilities; and
(6) existing
business base capable of expansion.
(c) Notwithstanding subdivision (b) of this
section, lands nearby may only be included if applicant demonstrates that:
(1) such lands and/or buildings are vacant,
abandoned, or otherwise available for commercial or industrial purposes, except
when it can be demonstrated that inclusion in the zone of certain occupied
buildings will result in a significant business investment and/or increase in
employment;
(2) other available
lands do not have the potential for timely development at a reasonable
cost;
(3) these lands are necessary
to meet the 25 percent minimum for developable lands within a zone;
and
(4) that new jobs likely to be
created are accessible to residents of the zone.
Notes
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