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NY Offshore Wind Ocean Lease Auction Nets Record $4.37B

ENR Construction

has completed a multi-day, 64-round auction of offshorewind development ocean areas in the New York Bight south of New York City. Interior Dept.

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Feds Tout Wind Market Even as Gulf Auction Draws Just One Bid

ENR Construction

Germany-based RWE, which is developing offshore projects in New York and California, bid $5.6 29 Gulf of Mexico lease sale, million for its 102,000-acre site off Louisiana in the Aug.

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New York City is positioning itself as a life sciences hub

BD+C

The New York Post reports that the Stem Cell Foundation has leased 42,100 sf in this building since 2015. Developers Taconic Investment Partners and Silverstein Properties are spending $20 million to renovate the 326,861-sf Movie Lab building in Midtown Manhattan for life science research usage.

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Administration Expands Push to Build Clean Energy Projects

ENR Construction

auction of offshore wind project lease tracts, in metro New York City area, and more renewables built on public lands. Multi-faceted federal effort includes largest yet U.S.

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Rivian Plans Showroom in NY

Construction Equipment

Rivian has signed a lease in Brooklyn for its first New York City retail store. The lease at 360 Wythe Ave. The group will be opening a flagship in Williamsburg, according to a statement on Monday. spans more than 12,000 square feet and will be a showroom for electric vehicles. Williamsburg's…

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U.S. Metros Are Making Their Post-Pandemic Recoveries, and Rents Are on the Rise

Pro Builder

Some New York renters who signed their leases at the start of the pandemic reported 30% to 40% price increases at the end of 2021, but not all rental markets are making equally strong recoveries, The New York Times reports. In nearly every one of the 100 largest U.S. Read more.

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Plans unveiled for $1.5B Nassau Hub mixed-use project

Construction Dive

Although construction could begin by year's end, Nassau County, New York lawmakers first must vote on a lease agreement with developers and secure state funding.