Infrastructure

Rendering of the new Midtown Bus Terminal, courtesy of Port Authority of New York and New Jersey

Funding Approved For New Port Authority Bus Terminal In Midtown, Manhattan

Governor Kathy Hochul, New York City Mayor Eric Adams, and the Port Authority of New York and New Jersey (PANYNJ) have agreed to work together to finance a $10 billion project to replace and expand the Port Authority Bus Terminal in Midtown, Manhattan. The city has agreed to allocate 40 years of tax revenue from three new commercial developments to fund the project, which has been designed by Foster + Partners. The tax allocation is expected to generate around $2 billion and cover approximately 20 percent of the total anticipated $10 billion cost of construction for the project.

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New Renderings Revealed For Wynn Resorts At Phase Two Of Hudson Yards 

Wynn Resorts revealed a series of new renderings for its proposed casino and hotel location within phase two of Hudson Yards. Developed with Related Companies, the master plan, expected to cost $12 billion, consists of multiple skyscrapers that will additionally yield space for 1,500 apartments, two million square feet of office space, a public school, and a daycare center. The master plan is slated to rise directly west of the first phase of Hudson Yards over the 13-acre open-air Western Rail Yards bound by West 33rd Street to the north, West 30th Street to the south, Eleventh Avenue to the east, and West Street to the west.

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A map of the draft zoning framework on the Jamaica Neighborhood Plan study area, courtesy of New York City

Draft Zoning Framework Revealed For New Jamaica Neighborhood Plan In Jamaica, Queens

Earlier this week the New York City Department of City Planning revealed a draft of the new zoning framework for the Jamaica Neighborhood Plan. Developed from community input gathered over the past six months, the plan is designed to foster housing and economic growth, and also plans to improve public spaces and make critical infrastructure enhancements across more than 300 blocks in Jamaica, Queens.

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Chatham/Kimlau Square, via chinatownconnections.nyc

Mayor Eric Adams Announces Plan To Revitalize Public Spaces In Chinatown

Last week Mayor Eric Adams announced “Chinatown Connections,” an initiative between the city and state aimed at revitalizing Park Row and Chatham/Kimlau Square in Manhattan’s Chinatown neighborhood. The $56 million project aims to transform the current layout of the plaza by introducing a more standard, four-way intersection, enlarging public spaces, and establishing direct connections from one side of the square to another for cyclists.

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