New York City

A New Opportunity for Office Conversions

January 12, 2024 / Comments Off on A New Opportunity for Office Conversions

Office to Residential Conversions: Two Birds with One Stone Remote work is reshaping traditional downtowns in cities across the United States. Businesses have cut back on the amount of office space they need, and workers have also adapted their homes to accommodate more flexible work arrangements. However, while demand for downtown commercial space has fallen, […]

Read More

Is the Commonwealth Positioning Itself to Move up the Ladder of Economic Competitiveness?

September 15, 2023 / Comments Off on Is the Commonwealth Positioning Itself to Move up the Ladder of Economic Competitiveness?

The Commonwealth of Pennsylvania recently announced improvements to a key economic development program, the Redevelopment Assistance Capital Program (RACP). Among other efficiencies, the Commonwealth has streamlined the application process by replacing the 22-tab Application & Business Plan with a more efficient, 10-section fillable Project Management Proposal post-award application process. Ultimately, the changes will provide a […]

Read More

Labor Day Light Reads 2023

September 1, 2023 / Comments Off on Labor Day Light Reads 2023

As the summer draws to a close, many will be unwinding with trips to their favorite attractions, enjoying quality time with family and friends, and more. For our Present Value post this week, we have created a list of events and interesting reads to help make the most of the long weekend. But first, let’s […]

Read More

Congestion Pricing in New York: How Will It Work?

May 19, 2023 / Comments Off on Congestion Pricing in New York: How Will It Work?

In April 2023, USDOT released the result of its environmental assessment of New York City’s proposed “Central Business Tolling” project—known more colloquially as “congestion pricing”—after years of examination and review. The result—a “Finding of No Significant Impact” or FONSI—means that the MTA can continue its process to implement a program to toll drivers for entering […]

Read More

Can your Downtown Benefit from Office Conversions?

March 31, 2023 / Comments Off on Can your Downtown Benefit from Office Conversions?

Many cities across the United States are faced with two enduring impacts of the COVID-19 pandemic: vacant office space in their central business districts and a high demand for housing. Many cities across the country, including New York City, San Francisco, Boston, and Atlanta, have adopted or are considering policies to encourage the conversion of […]

Read More

The Pandemic’s Impact on Public Transit Ridership

February 10, 2023 / Comments Off on The Pandemic’s Impact on Public Transit Ridership

The 2019 pandemic has highlighted the crucial role of public transit agencies, albeit their challenging future. Buses, rails, street/cable cars, and on-demand services are among the most common modes connecting people to their daily destinations, like schools, workplaces, hospitals, and recreation centers. Looking across BLS’ four regions of states (Northeast, South, West, Midwest), the Northeast […]

Read More