All the NYC transit upgrades that won't happen under congestion pricing freeze "MTA executive Tim Mulligan said the lack of revenue from congestion pricing tolls, which were previously expected to begin on June 30, forced the agency to prioritize maintaining the system and defer projects worth a total of $16.5 billion. That includes the purchase of $1.5 billion worth of new subway cars and 250 new electric buses." (Gothamist)
14,000 new homes projected for Long Island City under rezoning draft "The plan would allow for high-density mixed residential, commercial, and light industrial uses along the waterfront, spanning from roughly 46th Road, south of Anable Basin (where Amazon tried and failed to build a huge headquarters) to 44th Avenue, and enable high-density housing around Court Square." (6sqft)
Pfizer’s former Midtown HQ to become 1,500 apartments "The two-building property measures 973,000 square feet, making it an ideal opportunity for a substantial residential conversion. Additionally, the two sites have unused air rights, allowing Metro Loft and partner David Werner Real Estate to add floors." (6sqft)
MTA Board Votes to Confirm Hochul’s Congestion Pricing Pause, Scales Back Future Plans "Major projects that sought to improve the quality of transit in New York City are being “put to the back burner” as a result of the governor’s U-turn on Manhattan tolling." (The City)
