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The NYCRC has provided over $1.5 billion of capital to fund a wide variety of real estate and infrastructure projects in New York City. To date, 21 economic development projects have successfully utilized NYCRC financing to assist in the construction of over 3.5 million square feet of new development and renovation as well as infrastructure upgrades. [1]
The redevelopment of large sections of New York City and New York State by Robert Moses between the 1930s and the 1970s was a notable and prominent example of urban redevelopment. Moses directed the construction of new bridges , highways , housing projects , and public parks .
Also in 2017, New York Republican John Faso introduced a bill, H.R. 3977: The Infrastructure Bank for America Act of 2017, which would have established a federally chartered bank to invest in infrastructure projects throughout the country.
Global Infrastructure Partners, LLC (GIP) is an American infrastructure investment fund making equity and selected debt investments across markets worldwide. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energy, transport and water & waste sectors.
Stonepeak (also known as Stonepeak Partners and Stonepeak Infrastructure Partners) is an American investment firm headquartered in New York City. The firm focuses on investments in infrastructure and more recently real estate. The firm has additional offices in Hong Kong, Houston, London, Sydney and Singapore.
In 2002, Congress allocated $132 million for infrastructure projects in New York State, including $14.7 million for East Side Access. [34] A final design for the project was approved in 2002, and the first properties for it were acquired in 2003.
NEW YORK (Reuters) -Netspend, a provider of reloadable debit and payroll cards, will pay about $1.1 million to settle New York state accusations it illegally charged low-income customers ...
Rebuilding American Infrastructure with Sustainability and Equity (RAISE) is an American federal government program administered by the United States Department of Transportation. Originally known as Transportation Investment Generating Economic Recovery ( TIGER ), it began as supplementary discretionary grant program included in the American ...