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2005/06/15 Council Agenda Packet
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2005/06/15 Council Agenda Packet
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Council Agenda Packet
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6/15/2005
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Ir <br />• Although the study was unable to obtain data from before the recent <br />increase in adult establishments and, thus, unable to show if there's been an increase <br />in actual complaints, there were, in fact, 118 complaints made on Eighth Avenue <br />between 45th and 48th compared to 50 on the control blocks on Ninth Avenue <br />between 45th and 48th Streets. In addition, the study reveals a reduction in criminal <br />complaints the further one goes north on Eighth Avenue away from the major <br />concentration of these establishments. <br />• The 'rate of increase of total assessed values of the Eighth Avenue study <br />blocks increased by 65% between 1985 and 1993 compared to 91 %. for the control <br />blocks during the same period. Furthermore, acknowledging the many factors that <br />lead to a property's increased value, including -greater rents paid by some adult <br />establishments, an assessment of the study blocks reveal that the rates of Increases <br />in assessed value for properties with adult establishments is greater than the increase <br />for prgperties on the same blockfront without adult establishments. <br />• Many property owners, businesses, experts and officials provided anecdotal <br />evidence that proximity (defined in various degrees) to adult establishments hurts <br />businesses and property values. <br />EVER00185 iii <br />
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