The Ridgewood area being considered for an Industrial Business Zone (IBZ) includes the M1-4 and M1-4D zoned properties bordered by Cypress Avenue on the north, Irving Avenue to the south, Hancock Street on the west, and the NY Connecting Railroad Bay Ridge Freight Line on the east.
Also being considered for the IBZ are the properties in the area zoned M1-4D and M1-4, along the New York Connecting Railroad Bay Ridge Freight Line in Ridgewood and Glendale from Irving Avenue to Myrtle Avenue. This area IBZ has been proposed by the Ridgewood Local Development Corporation.
According to Board 5 District Manager Gary Giordano, the city created 16 IBZs in 2006, where expanded business services would be available for industrial and manufacturing businesses. The IBZs are supported by tax credits for businesses relocating in the zone and technical assistance, in an effort to foster industrial sector growth and real estate certainty.
Giordano explained that if a property in an IBZ is zoned for manufacturing, it would be very difficult to legally convert that property to residential use. He said that, if a property in the zone is now used for legal residential living, the property can continue to be used in that manner even if an IBZ is approved.
Also on the meeting agenda is the public forum, a review of current applications for the sale of alcoholic beverages, a review of current building demolition applications, committee reports, and the election of Executive Committee members.
The meeting will be held on Wednesday, June 12, at 7:30 p.m. in the CNL Room (Door 10 on the 3rd Floor) of Christ the King Regional High School, 68-02 Metropolitan Avenue in Middle Village. For additional information or to register to speak in advance, please call the Board 5 office at (718) 366-1834.