A large renewable energy project cancellation in New York and the threat of Trump administration growth curbs are raising market jitters, but more federal project approvals are pushing forward.
Energy and resilience megaprojects starting and planned in New York and New Jersey pose big logistical challenges but will generate economic and quality of life benefits, said public and private industry experts at Sept. 15 ENR forum in New York City.
But even with emerging cost risks, New York's latest wind procurement that seeks up to 4.6 GW attracted a record 100 proposals from six wind developers, including one that awarded Skanska USA on Feb. 7 a CM contract for a planned $250M assembly hub at a Brooklyn marine terminal.
Jamie Torres-Springer, who replaced Lorraine Grillo as city commissioner, says pandemic procurement and contracting rule changes that allow alternative delivery should be adopted permanently.
The Fordham Real Estate Institute, a continuing education program at Fordham University, New York City, which offers graduate certifications in construction management and real estate development, presented CEO + 1—a Nov. 29 panel event reception that focused on the importance of mentorship and women’s roles in real estate.