How Surging Pickup and SUV Sales Are Undermining Carbon Reductions From EVs "Plug-in vehicles are making great progress, with their share of U.S. car and light truck sales jumping from 2% to 4% in 2020-2021 and projected to exceed 6% by the end of 2022. But sales of gas-guzzling pickups and SUVs are also surging. This other face of the market subverts electric cars’ carbon-cutting progress." (Streetsblog USA)
Army Corps of Engineers Releases Details of Long-Awaited Coastal Resiliency Plan "Construction on the $52 billion project is expected to begin in 2030 — but first it has to get through a public comment period and then be approved by a gauntlet of federal, state and local officials." (The City)
A Strong Week for Luxury New Dev Condo Sales "The new development condo market kept pace last week. Projects across the city reported 63 deals, on par with 60 previously, and 17 of them (30%) were luxury units." (amNY)
NY bill threatens new $50 fee to NJ drivers as congestion pricing feud heats up "Lawmakers from New York and New Jersey are locked in a legislative battle over ticketing Garden State drivers." (Gothamist)
Lincoln Center announces October 8 opening for David Geffen Hall "David Geffen Hall, the new home of the New York Philharmonic, is set to open to the public on October 8. To celebrate the opening, the hall is hosting a series of events throughout October, beginning with the world premiere of San Juan Hill: A New York Story by composer Etienne Charles." (6sqft)
New York City’s Empty Offices Reveal a Global Property Dilemma "In the heart of midtown Manhattan lies a multibillion-dollar problem for building owners, the city and thousands of workers....Blocks of decades-old office towers sit partially empty, in an awkward position: too outdated to attract tenants seeking the latest amenities, too new to be demolished or converted for another purpose....It’s a situation playing out around the globe as employers adapt to flexible work after the Covid-19 pandemic and rethink how much space they need." (Bloomberg)