Despite near record-high office vacancies, Gov. Kathy Hochul has backed a real estate project at the New York transit hub that would be one of the largest in American history. Source: New York Times
Posts published in “Empire State Development Corp”
Taxpayers May Foot Bill for Penn Station Revitalization, Report Says
By Gotham Rex on May 9, 2022
New York State wants to rebuild the transit hub in Midtown Manhattan and pay for the improvements through a larger real estate development. Source: New York Times
Lionsgate Studios Yonkers Could Become the 'Burbank of New York'
By Gotham Rex on January 11, 2022
A new film and television facility, once fully open, will be ‘hands-down the largest in the Northeast,’ the leader of the project said. Source: New York Times
To Save Penn Station, New York Wants to Build 10 Skyscrapers
By Gotham Rex on May 5, 2021
The state says revenue from the new towers can finance the rebuilding of the rail terminal. But the pandemic has upended the need for office space. Source: New York Times
New York’s Pop-Up Concerts Kick Off With Jazz at a Vaccination Site
By Gotham Rex on February 21, 2021
The musician Jon Batiste led a band through the Javits Center to begin half a year of unannounced performances throughout the state. Source: New York Times
Cuomo Announces Pop-Up Performances Across New York
By Gotham Rex on February 9, 2021
“NY PopsUp” will kick off Feb. 20 and run through Labor Day. Source: New York Times
N.Y.C.’s Bike Parking Problem: 1.6 Million Riders and Just 56,000 Spots
By Gotham Rex on January 26, 2021
During the pandemic, bicycling boomed, leaving many cyclists to lock and park their bikes wherever they can. Source: New York Times