Infrastructure


Long Island Offshore Wind Farms

81,000 Acres of Ocean South of Long Island Designated for Offshore Wind Farming

The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has proposed an 81,000-acre swath of the Atlantic Ocean located 11 miles south of Long Beach, Long Island, to be the site of future wind energy development. The area could be turned into an offshore wind farm, but not before a lengthy approval process is complete, according to the LI Herald. A developer would first have to design plans to build a wind farm, then lease a given area, trek through the required review steps, and obtain the proper approvals, at which point construction could finally begin. The entire process is estimated to take 10 years from start to finish. At this point, BOEM will conduct an environmental assessment to study the impacts of leasing the area. In 2013, BOEM launched a Request for Interest to gage the desirability to build wind farms. Multiple developers, including the New York Power Authority, have expressed interest.


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.


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