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APPENDIX <br />The Department of City Plznning Secondary Effects Study <br />The Department of City Planning is currently undertaking a study of secondary <br />impacts of adult use establishments in six other locations in New York City. The <br />Department compares assessed values but for the years 1986/7 and 1992/3. <br />Comparing our findings for our years to JLQir selected years, we found that the trends <br />remained the same, but in somewhat .different proportions: the difference between <br />assessed valuation rates of change for 1986/7 and 1992/3 was less for he Eighth <br />t <br />Avenue study block and the Ninth Avenue control block than for the years of 1985/6 <br />z` and 1993/4, and the difference was greater for the "DCP years" of 1986/7 and <br />1992/3 as compared to our years of 1985/6 and 1993/4. These differences in . <br />findings may be related to the selection of different years In the real estate "boom and <br />bust" cycle. <br />For both sets of data, the increases in assessed valuations occurred at a higher <br />rate on the "control" blocks" on which there were no adult use establishments, than <br />on the "study" blocks, on which there were adult use concentrations. We are not <br />asserting a simple cause -and -effect relationship here.' There are too many variables— <br />zoning, market trends, public condemnation proceedings for the, 42nd Street <br />Development Project, personal decisions by owners --that may affect assessed values— <br />in addition to' the presence of adult uses. <br />EVER00239 <br />53 <br />