Build A Brighter, Greener Future at the New Port Authority Bus Terminal: RPA "The words 'Port Authority bus terminal' currently cause an involuntary shudder in most human beings, so with the agency embarking on a decade-long, multi-billion dollar project to rebuild its notorious terminal into a much more welcoming place for the more than 250,000 bus riders who used to transportation hub before the pandemic, the Regional Plan Association hopes to encourage the authority to emphasize green space and integrating the bus station into the surrounding Manhattan neighborhood." (Streetsblog NYC)
Adams wants to use federal infrastructure funds on BQE, subways, NYCHA (New York Post)
Op-Ed | How the MTA plans to invest new federal funding "This funding will be used for long-term improvements and upgrades for the subway, bus, and commuter rail systems, including 2020-2024 Capital Program highlights like new subway signals, more electric buses, and accessibility projects at dozens of stations. We’re firmly focused on the future and how we can improve public transportation coming out of the pandemic. After all, the MTA is the economic engine that powers the regional recovery." (amNY)
After Six-Month Reprieve, MTA Could Decide On Higher Fares In 2022 "During its monthly board meeting Wednesday, the agency outlined its financial plan for the next five years, and what it will take to balance its budget each year. Ridership, the single largest source of revenue, remains low, about half of the pre-pandemic levels across its divisions." (Gothamist)
NYC Takes Major Step Toward Making Outdoor Dining Permanent "Despite some ongoing litigation, New York City took a major step this week toward making outdoor dining a permanent part of the city's infrastructure. On Monday, the City Planning Commission voted unanimously for a zoning text amendment that will create a clean slate for the city to develop and regulate a permanent program, and will ultimately allow more restaurants to set up outdoor dining structures across the city." (Gothamist)
New report shows NYC’s wealthiest neighborhoods saw the highest pandemic exodus "Looking at United States Postal Service (USPS) data from change-of-address forms, the report determined Manhattan was overall more likely to experience flight, and people living in the wealthiest 10 percent of city neighborhoods by median income were 4.6 times more likely to have moved in 2020 than other city residents." (6sqft)
City’s Carbon Emissions Law Could Actually Save Landlords Billions: Study "The law — which impacts most properties of at least 25,000 square feet — wouldn’t require huge adjustments from most office building owners if the city’s electric grid decarbonizes by 2040, as is required by the state’s own goals in the Climate Leadership and Community Protection Act, according to the study. And Local Law 97 might actually save owners $2 billion collectively between 2024 and 2050 by reducing their energy bills." (Commercial Observer)
