Zoning change would restrict hotel builders | De Blasio: NYC to offer over $250M for 32.5-mile Manhattan greenway | Rezoning enlivens Midtown East development
October 18, 2018
Construction industry news for the New York City metropolitan area
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Zoning change would restrict hotel builders
Under a new amendment proposed by the City Planning Commission, hotel builders in New York City would be required to obtain special permits to build in most light manufacturing zoning districts. The measure, which affects 490 million square feet of as-of-right land available for hotel construction, comes amid union lobbying to reduce the growing number of non-union hotels.
The Real Deal online (New York City) (10/16) 
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Project Focus
De Blasio: NYC to offer over $250M for 32.5-mile Manhattan greenway
De Blasio: NYC to offer over $250M for 32.5-mile Manhattan greenway
(New York City Mayor's Office)
Existing gaps in the 32.5-mile Manhattan Waterfront Greenway will disappear under Mayor Bill de Blasio's $250 million plan. The completion of the Greenway, which will result in 1,000 acres of open space, "will strengthen neighborhoods and ensure that all New Yorkers have access to our iconic waterfront," he says.
Patch/New York (10/11) 
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Rezoning enlivens Midtown East development
Rezoning has proved to be a boon for owners and tenants in Manhattan's Midtown East. The area now is acknowledged as the area's center of business, a perception enhanced by JPMorgan Chase's plans to demolish its current Park Avenue headquarters and build more impressively on the same site.
New York Post (10/15) 
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Two Bridges towers draw community criticism
Four building sites in the Two Bridges community were the focus of intense scrutiny as officials prepared for a public hearing. The Lower East Side Organized Neighbors have questioned the legality of the planned towers and say they would overshadow the Jacob Riis public housing campus, obstruct air flow into homes and drive out senior residents.
City Limits (New York City) (10/16) 
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Innovation & Technology
IBM's Watson to be used at construction sites
IBM's Watson to be used at construction sites
(Sean Gallup/Getty Images)
As part of a partnership between IBM and Fluor, IBM's supercomputer Watson will provide doctorlike risk analyses and help automate delegation of materials and labor for multibillion-dollar construction projects. "Think of it as a living and breathing system," says Sai Yadati, a partner at IBM Global Business Services.
Curbed (10/12) 
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Policy Watch
Moody's: JOBS Act 3.0 likely to pass under either party
Jumpstart Our Business Startups Act 3.0, which would remove obstacles to capital formation and would cut costs for small companies, is likely to be enacted regardless of how midterm elections turn out, according to a report from Moody's Investors Service. The measure has solid bipartisan support, the report says.
Pensions & Investments (free access for SmartBrief readers) (10/15) 
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CCA Metro News
Union Carpenters and Contractors Are Building New York's Best
Take a look at this short video highlighting union carpenters and contractors who are building the best in residential, institutional, commercial, transportation and infrastructure. Build with Quality. Build with Safety. Build with Confidence.
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Searchable Contractor Directory
Visit our searchable directory of union carpentry contractors in the New York City metropolitan area. It includes listings of 14 contractor associations and their members, contractors that have union agreements independently or with the United Brotherhood of Carpenters and Joiners of America, and contractors certified as MWBEs. General building, concrete, wall and ceiling, millwrights, heavy construction, dockbuilders and timbermen, floor coverers, woodwork and cabinetry and more - it's all in one place.
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When small men begin to cast big shadows, it means the sun is about to set.
Lin Yutang,
writer
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