Infrastructure

LaGuardia Airport

Port Authority Approves Plans To Rebuild LaGuardia Airport, East Elmhurst

In the summer of 2015, plans to build a new LaGuardia Airport were revealed along with other transportation infrastructure, including a 24-hour ferry service and an AirTrain, that would serve to link the East Elmhurst airport to the rest of the city. The Port Authority of New York & New Jersey (PANYNJ) has officially approved the project, which was recently estimated to cost upwards of $5.3 billion, Crain’s reported. As part of the deal to approve the project, the Port Authority agreed that it redevelop the Port Authority Bus Terminal in Manhattan, shooting down any chance that it would be rebuilt for much cheaper in New Jersey. As for the airport, the Central Terminal Building is phase one of the greater redevelopment and is expected to be finished by 2021. Terminals C and D will be built after that.

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Future Midtown skyline

New York City’s 2015 Population Increases to 8,550,405, Up 55,211 From 2014

Last year, we reported that New York City’s population had increased by 52,700 people between 2013 and 2014, hitting 8,491,079, and nearing what the city had previously projected for 2020. Today, the American Community Survey released updated data as of July 1st, 2015, showing another large increase of 55,211, putting the five boroughs’ population at 8,550,405 — just 502 people short of the official 2020 projection.

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Triangle Park

Deal Reached For Triangle Park Multi-Building Mixed-Use Development, Newark

Early last year, the Newark City Council approved plans to build a 2.5-acre park in the city’s downtown. It would connect Prudential Center to the Ironbound’s Peter Francisco Park by bridging over Newark Penn Station, but it would also serve as the centerpiece of a multi-building mixed-use development of the surrounding vacant blocks. Last week, the city of Newark struck a deal with Edison Properties and J&L Parking Corporation to development the buildings, Newark Patch reports. Details on the new buildings are sparse, but there will be a significant number of residential units, retail space, and possible office space. Construction is expected to commence later this year and completion is tentatively set for July of 2018. The Newark Community Economic Development Corporation will head the construction of the park, being designed by MKW + Associates.


Pier 42

Pier 42 Park Project Lands $19 Million More In Funding, Lower East Side

Back in 2012, the Lower Manhattan Development Corporation (LMDC) secured $16 million in funding to build Pier 42 park, located between FDR Drive and the East River on the Lower East Side. Curbed reports the project has now received more complete financing in the form of $12 million more from the LMDC in addition to $7 million via settlement funds recently distributed by Gov. Andrew Cuomo. Once complete, the public space will include landscaped lawns and gardens, an esplanade, a bike path, playgrounds/play areas, a concession station, and a pavilion. Mathews Nielsen Landscape Architects is designing. Phase one, which largely focuses on remediating and pedestrianizing the pier, is expected to begin in 2017. A former cargo warehouse must first be demolished.


Bushwick Inlet Park

City Acquires Large Swath Of Planned Bushwick Inlet Park At 1 North 12th Street, Greenpoint

Since the 2005 rezoning of Greenpoint and Williamsburg, the city has slowly been building out Bushwick Inlet Park, which was planned to span the waterfront from North 7th to 15th streets when combined with the East River State Park. A large swath of the waterfront is still occupied by CitiStorage warehouses between North 10th and 12th streets, and that site is expected to be sold to a team of developers, but the city is moving in to acquire the swath of land at 1 North 12th Street, between North 12th and 14th streets. The city is paying $53 million for the seven-acre plot of land, currently occupied by a three-story warehouses and the Bayside Fuel Oil Depot’s storage tanks, according to The Real Deal. If the initial plans are executed, the city will demolish everything and convert the entire lot into public park space. The new park space would be located right across Bushwick Inlet from the planned USS Monitor Park.


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