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Average time to approve public wholesale market applications (days) — New
Regulate businesses in and around the City's public wholesale markets. — Process registration applications for businesses in and around the City's public wholesale markets in a timely manner.
BIC approves only a handful of new public wholesale market applications each year, so the average approval-time figure is volatile by nature — BIC's own reporting notes new-application volumes 'remain low due to a finite amount of space at the markets.' Fiscal 2025's faster time (155 days, down from 204) reflects general processing improvements BIC made that year across both new and renewal applications; later reporting shows times worsening again as the agency lost application-review staff.
Researched July 15, 2026 — Business Integrity Commission, Fiscal 2025 Mayor's Management Report
* Year to date — this fiscal year isn't complete, so it's not compared against prior years in the target/trend status above.
View as table
| Fiscal year | Actual | Target |
|---|---|---|
| FY22 | 193 days | 150 days |
| FY23 | 95 days | 150 days |
| FY24 | 204 days | 150 days |
| FY25 | 155 days | 150 days |
| FY26 (YTD) | 268 days | 150 days |
Why this is tracked
From at least the 1930s through the 1990s, the Fulton Fish Market in Manhattan operated under heavy Mafia influence, with retailers and truckers subject to systematic extortion and threats. A 1988 federal racketeering suit installed a court-appointed trustee to run the market, but organized crime influence persisted. In 2001, a City Charter revision created the Organized Crime Control Commission to consolidate oversight of the public wholesale markets, trade waste, and shipboard gambling into a single regulatory body; it was renamed the Business Integrity Commission under Local Law 21 of 2002. BIC now licenses and monitors businesses operating in and around the City's public markets to keep organized crime and related corruption out.
About BIC - NYC Business Integrity Commission, Fulton Fish Market - Wikipedia
Source: Licensing Unit/Legal Unit/Background Investigations Unit — via NYC Open Data: Mayor's Management Report, Agency Performance Indicators
Coverage shown: FY22–FY26, reported monthly.
Definition: The average number of days to process and approve new public wholesale market applications, from the date of the filing of the application to the date of approval by the Legal Unit. This does not include applications that undergo long-term investigation.