Daily business news in the Great State of New York!
NEW YORK — Adaptive, a financial automation platform for the construction industry, has secured a $19 million Series A funding round. The construction industry, faced with unique accounting and compliance requirements, is plagued by chronic payment delays and cash flow crunches, introducing significant risk and inefficiency to the build process that together amount to an […]
The Port Authority of New York & New Jersey is reducing the AirTrain JFK single ride fare by 50 percent starting July 1 through Labor Day to encourage the use of public transit when accessing John F. Kennedy International Airport. A record number of travelers will take to the sky while the airport’s $19 billion […]
Governor Kathy Hochul announced that Conifer Realty, LLC has been selected to transform the former Downstate Correctional Facility located in Fishkill, Dutchess County, into a vibrant, mixed-use development that would feature new housing and community space. The multi-phase project will create up to 200 construction jobs and up to 1,300 units of housing over ten […]
NEW YORK — ARCO Design/Build (ARCO), in partnership with Turnbridge Equities, Dune Real Estate Partners, and Sterling Project Development, unveils the speculative Bronx Logistics Center (BLC), one of New York City’s largest and most sustainable multi-story distribution hubs. ARCO led the design and construction of the 1.3 million-square-foot, speculative warehouse setting a new standard for urban industrial development. […]
Columbia University Vagelos College of Physicians and Surgeons (VP&S) has broke ground on an eight-story biomedical research building in Washington Heights in New York City. The flagship facility [rendering above], located at the intersection of West 167th Street and Audubon Avenue, will house state-of-art research laboratories and community engagement spaces, and will be the first […]
The Port Authority of New York and New Jersey has announced new measures to help passengers navigate construction-related traffic delays in getting to and from John F. Kennedy International Airport’s airline terminals this summer. A record number of travelers are expected to take to the skies while the airport’s $19 billion transformation project, including an […]
Governor Kathy Hochul and U.S. Senate Majority Leader Charles Schumer announced the start of construction on the first phase of the $319 million Edwards Vacuum dry pump manufacturing facility, located in the Genesee County town of Alabama. The British-based global leader in vacuum and abatement equipment for the semiconductor industry, part of the Atlas Copco […]
Governor Kathy Hochul announced that construction is getting underway on projects that will enhance safety and travel conditions at several locations across Long Island, marking a $27 million investment by the State Department of Transportation that will create approximately 350 jobs during construction. These projects include renewing, modernizing and easing traffic conditions at intersections on […]
Governor Kathy Hochul announced that construction has begun on a project to modernize the Sullivan County International Airport and create a state-of-the-art gateway that will fuel economic growth and foster increased tourism for the entire Catskill Region. The project, which was awarded $18.5 million from the Governor’s $230 million Upstate Airport Economic Development and Revitalization […]
The Icahn School of Medicine at Mount Sinai has completed a major renovation and beautification project at its Resident Hall on the West Side of Manhattan. Located at 515 West 59th Street, Vista West, as it is now known, has undergone several improvements to provide a more attractive and enjoyable living environment for medical trainees. “We […]
The New York State Thruway Authority announced that the southbound lanes of the Thruway (I-87) from exit 18 in New Paltz to exit 17 in Newburgh will fully shut down to all traffic at 8 p.m. Saturday, Jan. 20, for at least 12 hours so contractors can safely remove the damaged Brookside Road overpass over […]
New York City Mayor Eric Adams was joined by elected officials and community leaders to break ground last week on 880 new affordable homes in Willets Point, Queens ― the first phase of the city’s largest 100 percent affordable housing development in 40 years. In partnership with the Queens Development Group (QDG), a joint venture […]
The northbound lanes of the NYS Thruway (I-87) from exit 17 in Newburgh to exit 18 in New Paltz will fully shut down to all traffic at 7 p.m. Saturday, Jan. 6, for at least 12 hours so a portion of the damaged Brookside Road overpass in New Paltz can be safely removed over the […]
Governor Kathy Hochul announced the completion of a $44.6 million pavement improvement project on the New York State Thruway I-87 in a busy corridor spanning Rockland and Orange counties used by approximately 92,000 vehicles every day. Overseen by the Thruway Authority, the work covered nearly 10 miles between exit 15, New Jersey – I-287 – […]
NY Governor Kathy Hochul announced $100 million in funding has been released to support the renewal of State roadways impacted by extreme weather. The funding supports repaving projects at 66 locations, totaling almost 568 lane miles of pavement, and complements a record level of investment by the Governor in infrastructure across New York State. “From […]