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First breaking news on how the tax plan will impact you ylan mui is live on capitol hill. Reporter treasury secretary Steven Mnuchin spoke moments ago about the administrations first step in turning the tax law into reality. Treasury department and the irs have just issued new guidance it to employers, telling them how much money to withhold from their paycheck under the new tax law. The irs will be releasing a new withholding calculator that will be vail on irs. Gov by the end of february. This will help provide individuals with certainty, so that they are neither overwithheld or underwithheld and can plan financial decisions. Reporter democrats have criticized the rollout of this process, saying that many people could actually end up paying too little in taxes. Secretary mnuchin said that claim is ridiculous, and that this process has not been politicized. Now, the white house is celebrating todays guidance as a win that will pu ....
Include an anchor that drives foot traffic to the district, and an anchor could be a fullservice Grocery Store or another large retailer or it could be a cluster of smaller stores, related Retail Stores or restaurants; some sort of use thats a little cluster. Other businesses in a healthy mix include restaurants, nightlife and entertainment that compliment retail sales and provide gathering spaces for potential customers and potential services and Fitness Centers that provide needed services and also help to draw foot traffic. Professional Services Provide needed services in an officelike setting directly to the general public, but even uses like office and housing that may not serve the general public help generate foot traffic and the demand for retail and ncds. ....
So what all this means, diversifying the mixes in an ncd so that retailers can support their customer base, is it should include a range of storefront sizes, and storefronts should be designed to adaptablity, and be able to serve a wide set of uses. It also means that the office uses that that are not open to the general public could be located off the ground floor or on the periphery of an ncd. Limiting ground floor retail requirements for new development to the strongest locations for retail could also help reduce potential vacancies. So we talks a lot weve heard a lot today about vacancies and the work that we did suggests that limiting ground floor retail requirements could help to reduce those vacancies in the future. The final conclusion for our study is around experiencetial retail and the people visiting our entities. By offering a fun dining and shopping experience, ncds can help to draw foot traffic. That means continuing to maintain and enhance the public realm is criticizin ....
Storefronts are vai cants or abandoned. A number we thought would be relatively easy to get. But it was not in a number of reports and measures made by both city agencies and, of course, private sector real estate companies. But none of them capture the totality of all commercial buildings and storefronts and their vacancy rates. We can get certainly a lot of information about downtown commercial properties and their van can si rates and we can get commercial spaces throughout the city that are not receiving mail. The office of economic and Workforce Development does just commercial storefronts. But for 24 commercial corridors only. So, it is still not the citywide rate. On this chart, you can see some of the rates that are reported and tracked. Oewd reported 5 as a whole for the 24 quarters they track. 8. 2 by the city controller for commercial vacancies downtown in 2016. And the u. S. Postal service, as i mentioned, which ....