Infrastructure

Arial rendering of Arvene East - Bernheimer Architecture; Local Office Landscape & Urban Design

Developers Secure $44.7M to Complete Infrastructure Improvement Project in Arverne, Queens

7:00 am on January 31, 2023 By Sebastian Morris

L+M Development Partners, Bluestone Organization, and Triangle Equities have closed on $44.66 million in financing to complete a major infrastructure improvement project in Arverne, Queens, a small coastal neighborhood on the Rockaway Peninsula. The financing will cover the reconstruction of Edgemere Avenue between Beach 32nd and Beach 38th Streets, critical infrastructure improvements to the surrounding neighborhood, and the completion of Arverne East, a 1,650-unit master-planned community.

Read More
New York State Governor Kathy Hochul celebrates the East Harlem Downtown Revitalization Investment with community leaders

New York State Awards $10M Downtown Revitalization Investment Grant to East Harlem, Manhattan

7:00 am on January 22, 2023 By Sebastian Morris

Manhattan’s East Harlem neighborhood is the latest recipient of a $10 million Downtown Revitalization Investment (DRI) grant. Backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA, the award is part of a statewide initiative to support community enhancement projects that improve walkability, create new public outdoor spaces, enhance existing parks, and create new opportunities for local artists and small businesses.

Read More
A newly completed roadway on the Bruckner Expressway - Courtesy of Skanska

Phase One of $460M Hunts Point Interstate Improvement Project Now Complete in the South Bronx

7:00 am on January 8, 2023 By Sebastian Morris

Skanska and its joint venture partner ECCO III Enterprises have completed the first phase of a $460 million interstate improvement project in the Hunts Point section of the South Bronx. Key project elements include the replacement of four bridges that connect Bruckner Expressway and Bruckner Boulevard over Amtrak and CSX rail lines, improved pedestrian access, and a new community park.

Read More
Aerial view of the Hunts Point Terminal Market (via Google Maps)

Final Phase of $1.7B Hunts Point Access Improvement Project Kicks Off in the South Bronx

7:30 am on January 4, 2023 By Sebastian Morris

New York governor Kathy Hochul has announced the third and final phase of the $1.7 billion Hunts Point Access Improvement Project is now underway in the South Bronx. Launched in 2019, the goal of the project is to provide improved access between the Hunts Point Peninsula and the Sheridan and Bruckner Expressways for automobiles and trucks traveling to and from wholesale commercial businesses located on the peninsula. The project will also address infrastructure deficiencies in the area.

Read More
Rendering of the new town square in Riverhead, Long Island

New York State Awards $20M to Support Community Projects in Riverhead and Amityville, Long Island

7:00 am on December 27, 2022 By Sebastian Morris

Riverhead and Amityville, a pair of small towns in Suffolk County, Long Island, are the latest recipients of a $10 million Downtown Revitalization Initiative (DRI) award from New York State agencies. The initiative is described as an economic development program and is backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA.

Read More
Fetching more...