New York state officials have abruptly halted a key offshore wind transmission initiative, citing continued delays in federal permitting processes and mounting concerns over the long-term financial burden on ratepayers. The plan, spearheaded by the New York State Public Service Commission (PSC), would have established a shared transmission network to link offshore wind farms toContinue reading “New York state officials halt a key offshore wind transmission initiative”
Tag Archives: sustainability
5 Time Square offices to be converted to residential units
The Empire State Development Corporation (ESDC) has approved a sweeping redevelopment plan for 5 Times Square, authorizing the conversion of the midtown office tower into approximately 1,250 residential units, officials said on Tuesday, in one of the most high-profile commercial-to-residential conversions since the pandemic-era office exodus. The plan, backed by a private development consortium led by RXR Realty andContinue reading “5 Time Square offices to be converted to residential units”
Tech Transit Lab Announces 2025 Cohort to Pilot Solutions with Major Transit Agencies
The Tech Transit Lab, an innovation hub focused on transforming public transportation, has unveiled its highly anticipated 2025 cohort, comprising 12 cutting-edge startups set to pilot new technologies in collaboration with some of the region’s most prominent transit agencies. The cohort will work with the Metropolitan Transportation Authority (MTA), Port Authority of New York andContinue reading “Tech Transit Lab Announces 2025 Cohort to Pilot Solutions with Major Transit Agencies”
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