Kathy Hochul

February 16, 2023

Vornado pauses plan to redevelop area around Penn Station

The plan to redevelop the area around Penn Station with several new skyscrapers is officially on hold. During a conference call this week, Steven Roth, the chief executive officer at Vornado Realty Trust, the developer behind the project, said new construction is "almost impossible" because of current market conditions, as Crain's first reported.
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February 1, 2023

In New York, Biden touts $300M investment for Hudson River rail project

President Joe Biden made an appearance at Hudson Yards on Tuesday to announce a $292 million investment for a project that would fix a century-old rail tunnel and build a new one under the river between New York and New Jersey. The $16 billion Hudson River tunnel project is just one part of the broader $30 billion Gateway Project, which includes new bridges and the expansion of Penn Station. The funding announced by Biden will go toward a $649 million project that extends the concrete casing for the tunnels between Penn Station and the Hudson River before any work on the tunnels can actually begin.
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January 20, 2023

New York’s second legal weed dispensary is opening on Bleecker Street

New York's second legal recreational cannabis shop is set to open in Greenwich Village next week, Gov. Kathy Hochul announced Thursday. Smacked LLC, located inside a nearly 200-year-old building at 144 Bleecker Street, will open its doors to the public on January 24 at 10 a.m. The store is the first in the state to be opened by an entrepreneur with a cannabis conviction, as part of a program to ensure equity in licensing. Owned and operated by Roland Conner, Smacked LLC will operate as a soft "popup" through February 20 and re-open as a long-term business at a later date.
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January 11, 2023

Hochul proposes new housing targets for every locality in New York

To spur housing development in New York, Gov. Kathy Hochul on Tuesday unveiled a proposal that would require every locality in the state to meet home creation targets. During her 2023 State of the State address, the governor announced plans to build 800,000 new homes over the next decade to address the current housing crisis. The new initiative, dubbed the New York Housing Compact, requires all cities, towns, and villages to hit home creation goals on a three-year cycle.
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January 11, 2023

Hochul’s 14-mile ‘Interborough Express’ connecting Brooklyn and Queens will use light rail

The Interborough Express, a highly-anticipated train line that will connect Brooklyn and Queens, will use light rail, Gov. Kathy Hochul announced in her State of the State address on Tuesday. While the Metropolitan Transportation Authority is still conducting its environmental review of the project, Hochul stated that selecting light rail would "provide the best service for customers at the lowest cost per rider," according to a press release.
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December 28, 2022

NYC subway surpasses 1 billion riders for the first time since 2019

Ridership on the New York City subway hit 1 billion this year for the first time since the pandemic. The Metropolitan Transportation Authority and Gov. Kathy Hochul on Tuesday announced the subway carried more than a billion passengers in 2022, up from 760 million riders in 2021 and 640 million in 2020. While it's a significant milestone for the system as it recovers from Covid, ridership remains at roughly 60 percent of pre-pandemic levels.
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December 22, 2022

New York’s first legal weed dispensary will open near Astor Place

New York's first legal recreational cannabis dispensary is opening in Manhattan next week. Housing Works, a local nonprofit founded in 1990 to address the HIV/AIDS and homelessness crises, will launch sales at 1 Astor Place on December 29, Gov. Kathy Hochul announced Wednesday. The dispensary is the first to open of the 36 licenses approved so far by the New York State Cannabis Control Board.
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December 15, 2022

Proposal calls for transforming NYC’s commercial districts into 24/7 destinations

Gov. Kathy Hochul and Mayor Eric Adams on Wednesday announced a new plan to improve New York City as a place to live and work and help prepare it for a post-pandemic world. An essential part of the plan involves the reimagination of the city's central business districts, Midtown and Lower Manhattan, by transforming them into dynamic, mixed-use neighborhoods that will draw more residents, businesses, and tourists. The plan also includes proposals to transform public space by expanding preexisting pedestrian spaces and envisioning new projects for the public realm.
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November 9, 2022

Along with electing Hochul, New York voters approve $4.2B in climate spending

In addition to electing Gov. Kathy Hochul, voters in New York on Tuesday approved four new ballot measures that focus on fighting climate change and improving racial equity. Nearly 70 percent of voters said yes to the landmark "Clean Water, Clean Air, and Green Jobs Environmental Bond Act," which gives the state permission to borrow $4.2 billion for funding projects that will protect New Yorkers from future extreme weather due to climate change. It's the largest initiative for environmental protection in New York State history.
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September 22, 2022

MTA selects design team for Penn Station renovation

The Metropolitan Transportation Authority has selected a group of architects and engineers for the $7 billion redesign of Penn Station, with the agency's board voting to approve the contract on Wednesday. The agency tapped FXCollaborative Architects and WSP USA to bring their Penn Station Master Plan to life, with further assistance from London-based John McAslan + Partners as collaborative architects. According to Gov. Kathy Hochul, work will begin "in the coming months."
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September 20, 2022

MTA to install security cameras in every subway car

Two security cameras will be installed in every subway car in New York City, under a new initiative announced by Gov. Kathy Hochul and the MTA on Tuesday. The $5.5 million project, paid in part by a grant awarded by the U.S. Department of Homeland Security, includes the installation of nearly 13,000 cameras on 6,355 train cars by 2025. The enhanced security measure is an expansion of a pilot program that launched this summer following a mass shooting on the subway in Brooklyn in April. There are surveillance cameras in the more than 470 subway stations across the city, but none in cars before the program.
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September 8, 2022

Work begins on JFK Airport’s new $9.5B international terminal

Construction officially kicked off on Thursday on John F. Kennedy International Airport's new 2.4 million-square-foot terminal, set to be the largest at the Queens airport. In December, Gov. Kathy Hochul first unveiled plans for the state-of-the-art Terminal One, which is estimated to cost $9.5 billion, up from the projected cost of $7.4 billion in 2019.
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September 7, 2022

New York lifts mask mandate on public transit

Masks are no longer required on public transportation in New York, Gov. Kathy Hochul announced Wednesday. During a press conference in Harlem, the governor said masks are now optional for riders traveling on New York City's subways and buses, as well as MetroNorth and Long Island Rail Road. The state's mandate has been in place since April 2020 at the start of the Covid-19 pandemic.
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August 26, 2022

Brooklyn’s Marsha P. Johnson Park to get new ‘ornamental’ entrance

Gov. Kathy Hochul on Wednesday revealed the design of a new gateway to Williamsburg's Marsha P. Johnson State Park. Located at the Kent Avenue and North Eighth Street entrance, the ornamental entrance is meant to "communicate Marsha P. Johnson's spirit and legacy" while complementing the park and surrounding neighborhood. The design of the gateway will continue through the fall of 2022 and construction is expected next year.
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August 18, 2022

New York commits $8M to renovate Harlem’s Schomburg Center for Research in Black Culture

Gov. Kathy Hochul on Wednesday announced the state will commit $8 million for upgrades to the Schomburg Center for Research in Black Culture in Harlem. The investment will go toward the refurbishment of the building's facade, replacement of the roof and windows, and the installation of much-needed safety and energy-efficient features. The state's announcement comes during Harlem Week, a weeklong celebration of the neighborhood's history and culture.
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August 3, 2022

New York will invest $70M to ‘decarbonize’ NYCHA

A new investment by the state aims to make New York City public housing more environmentally friendly and effective for tenants. Gov. Kathy Hochul and Mayor Eric Adams on Tuesday announced an initial investment of $70 million in a clean energy initiative to install 30,000 new heat pumps, considered more eco-friendly than traditional units, at New York City Housing Authority (NYCHA) buildings across the city. The investment is part of the state's Clean Heat for All Challenge, which launched in 2021 to spur ideas on how to revamp the way NYCHA units are heated and cooled.
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July 19, 2022

Hochul, Adams reach agreement on financing for Penn Station rebuild

Gov. Kathy Hochul and Mayor Eric Adams announced Monday that they have reached an agreement on who will pick up the tab for the planned reconstruction and expansion of Penn Station and the redevelopment of the surrounding area. The financial agreement between city and state assures that a consistent level of property tax revenue is maintained and underscores a commitment to not raising taxes or transit fares by using funds from privately financed development to help pay for the project.
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July 13, 2022

NYC parks, pools, and rec centers will distribute free at-home Covid tests

As New York City faces a sixth Covid wave, Mayor Eric Adams is expanding the city's network of at-home test distribution sites. Starting Wednesday, New Yorkers will be able to pick up a free rapid Covid test from 57 NYC Parks locations, including parks, pools, nature centers, and recreation centers. With these new NYC Parks distribution sites, the city's at-home test distribution program includes 1,220 sites.
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June 23, 2022

MTA pledges to make 95 percent of subway stations accessible by 2055

The Metropolitan Transportation Authority reached a class action settlement agreement to make 95 percent of currently inaccessible subway stations accessible to those with disabilities over the next three decades, Gov. Kathy Hochul announced on Wednesday. Currently, just 27 percent of the New York City subway system, including Staten Island Railway stations, are fully accessible to riders with disabilities. Under the agreement, which still requires court approval, the MTA will make accessible 81 stations by 2025, another 85 stations by 2035, another 90 stations by 2045, and the last 90 stations by 2055.
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June 9, 2022

New York looks for architect to design new $7B Penn Station

The plan to modernize Penn Station has officially entered the design phase. Gov. Kathy Hochul on Thursday announced the state is now requesting proposals from architecture and engineering firms to redevelop the dark and crowded Midtown transit hub into a light-filled train station "worthy of being the epicenter of the most vibrant city on the planet," according to the governor. Proposals are due July 28 and a winning bid could be selected by late summer or early fall.
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June 7, 2022

421-a tax break will continue to cost NYC revenue for decades after it expires, report finds

The 421-a tax abatement program, which gives real estate developers who construct new residential buildings a property tax exemption in exchange for designating a portion of the homes affordable, will expire on June 15 after state lawmakers last week did not renew it during the final day of this year's legislative session. Even with it set to lapse, the controversial program will continue to cost the city revenue for decades, according to a new report. According to findings published Monday by the Independent Budget Office of New York City, the tax abatement program will cost the city over $1 billion annually until 2034, with total costs not ceasing until the fiscal year 2056.
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June 1, 2022

MTA’s East Side Access project renamed ‘Grand Central Madison’

Gov. Kathy Hochul on Tuesday announced that the Metropolitan Transportation Authority's long-awaited 700,000-square-foot East Side Access Project will be renamed "Grand Central Madison." The project, which brings Long Island Rail Road service to Grand Central Terminal, will increase LIRR service systemwide by 40 percent during morning peak service and significantly increase reverse peak service. Grand Central Madison is expected to open in December.
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May 27, 2022

Construction begins on massive $100M affordable complex in Far Rockaway

Construction officially kicked off on a huge housing development that will rise on a former hospital site in Far Rockaway. Edgemere Commons is an 11-building complex with more than 2,000 affordable homes, retail, community space, medical facilities, and outdoor public space planned. The first phase involves the construction of a 17-story building with 194 homes.
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April 14, 2022

More than 30,000 of NYC’s luxury building workers could go on strike

Tens of thousands of doormen and other residential building service workers in New York City could go on strike if a deal is not reached on a new collective bargaining agreement by April 20. Members of the union 32BJ SEIU on Wednesday voted to authorize the committee to call for a strike if the Realty Advisory Board (RAB) does not create a new contract for the city's 32,000 building workers with fair wage increases and full employer-paid healthcare. The strike authorization followed a rally of nearly 10,000 32BJ SEIU members down Park Avenue.
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