President Donald Trump on Monday released his $200 billion infrastructure plan and it does not look good for New York and New Jersey. Because the plan shifts the financial burden from the federal government onto states and localities, relying on incentives to spur private investment, major projects will struggle to find funding. This includes the Gateway Tunnel project, a proposal to construct a new rail tunnel under the Hudson River and repair the existing one. As the only intercity passenger rail crossing into NYC from NJ, the tunnel is a critical link for nearly 200,000 daily passengers. While the Obama administration considered Gateway a priority and committed half of the project’s cost in 2015, the Trump administration has scoffed at the idea.
The multi-billion-dollar plan to build a second rail tunnel under the Hudson River and fix the deteriorating existing one has hit another setback after President Donald Trump’s administration said on Friday it would not fund half of the project. As Crain’s first reported, the Federal Transit Administration wrote a letter to Govs. Andrew Cuomo and Chris Christie in response to their revised plan to fund $5.5 billion of the $12.7 billion project. A top FTA official said the administration would not recognize the prior deal made between President Barack Obama and the states, calling it “a non-existent ’50/50′ agreement between USDOT, New York, and New Jersey.”
Chapel of the Holy Comforter (1846-1856), courtesy of NYCago
While New York City’s waterways have featured both floating pools and floating parks, they also once held floating churches. The Seamen’s Church Institute of New York and New Jersey (SCI) first built a floating house of worship in 1844, designed for sailors. According to Untapped Cities, the group’s first big project included building the Church of Our Savior, which floated in the East River off of Pike Street in downtown Manhattan.
Photo of Hudson Yards Amtrak tunnel encasement via Tutor Perini
Currently, the first part of two box tunnels under the Hudson Yards development, below 10th and 11th Avenues on Manhattan’s west side, sits mostly finished. While construction of the final piece has yet to begin, when it’s complete the remaining section would link the tubes to the proposed new tunnel under the Hudson River, providing better access to Penn Station. However, according to the New York Times, both tunnel projects, which fall under the multi-billion dollar Gateway Program, lack the funding needed to finish.
This beautiful Hudson River estate is not only a stunning gateway with sweeping views and luscious gardens, but it’s also a gardener’s home with significant historic, cultural and ecological value. The estate, which is comprised of many buildings, once served as a farm, a gentleman’s club, a nursing home and a camp before Janice Parker Landscape Architects turned it into a nature-lovers retreat. In addition to featuring expansive views of the Hudson River and being surrounded by a rolling forest and farms, the estate delves deeper into the realm of Eden with its lush carpets of creeping thymus, blooming perennials and a full assortment of edible plants.
Trust us. Nothing’s turning back into a pumpkin at midnight here. This two-bedroom loft-style apartment at the Broadmoor used to be an extravagant 1920s ballroom, and it still has a number of the original details. The $1.55 million pad features 14-foot ceilings, original arched windows, original moldings and beams. And probably best of all, it has tons of light streaming in from 11 windows and three exposures.
A professor of Politics at MIT has just sold his Upper West Side co-op for $5 million, $50,000 over asking, according to city records. The 7th floor apartment at the Neville and Bagge-designed Dorchester has been renovated to include pristine modern finishes, while still embracing the home’s original details from over a century ago. Some of those details include hardwood floors, beamed ceilings, and elegant mouldings.
On the website of Extell Development’s latest residential tower, One Riverside Park, we uncovered some newer, more realistic renderings of their massive Riverside Center project. The 8-acre superblock between West 59th and 61st Streets lies at the southern end of a string of 11 Riverside South buildings that have been underway since the mid-1990s. Developer Donald Trump had struggled since 1974 to redevelop the 77-acre rail yard, and he developed the first eight buildings as Trump Place before selling a substantial portion of the site to Extell Development in 2005.
Kevin W. Kennedy, The Metropolitan Opera president (and former managing director of Goldman Sachs) and his pediatrician wife Karen have sold their stunning Tribeca loft for $2.8 million. The pair’s former residence is 1,641-square-feet, and features 4 rooms, including 1 bedroom and 2 bathrooms. Large windows with wrought-iron Juliet balconies are this building’s signature, illuminating the welcoming space with its wood floors and original exposed brick walls. The deal was closed by Melinda Nix of Sotheby’s.
27 Leonard Street, situated between Broadway and Hudson Street, was originally built in 1876 for William B. Lawrence, a New York Stock Exchange board member. In 2003 it was converted to luxury condominiums with a commitment to balancing privacy and entertainment.
Wouldn’t it be nice to live on top of the world? Well, somebody is in luck because a spacious 3BR/3BA apartment just opened up at the Residences at Mandarin Oriental.
This luxurious Columbus Circle pad rests on the 71st floor, with gigantic windows that overlook Central Park, as well as both the East River and the Hudson. The 3,168-square-foot apartment has ebonized oak floors and black granite accents. It also features a large eat-in kitchen with stainless steel appliances, a sub-zero refrigerator, and a wine cave.
Whoever purchases this impressive, recently renovated home will not only have bragging rights, but access to all of the amenities of the Mandarin Hotel. So yeah, this person will basically be living in a hotel. Jealous yet?