May 2025

New York State announced on May 22 that applications are being accepted for the new $100-million Pro-Housing Supply Fund.

Dormitory Authority of the State of New York (DASNY) President and CEO Robert J. Rodriguez, in his first visit to Port Chester on May 23

New York announced last week the 28 projects that will receive funding awards in the Mid-Hudson region as part of two economic development programs

There was widespread support from state officials and the MTA to welcome the recent selection of Amtrak’s Andy Byford to lead the multi-billion-dollar redevelopment of Penn Station in Manhattan.

A federal judge granted the MTA a temporary restraining order against the Trump administration’s plan to halt the city’s congestion pricing program.

Yonkers Mayor Mike Spano in Westchester urged state officials to award full casino licenses for Yonkers at MGM Empire City Casino and the Aqueduct racino in Queens.

IPA Capital Markets reported on May 19 the closing of a $720-million loan to a joint venture between Metro Loft Developers and David Werner Real Estate Investments

Negotiations between the Trump administration and New York State have resulted in the lifting of the stop work order on the $5-billion Empire Wind project being developed offshore 15 miles to 30 miles south of Long Island, NY.

There’s a new bridge coming to Glen Island.

ALBANY—This year’s grinding state budget battle was near-historic in the making, requiring extensions for 38 days past the April 1 new fiscal year—the latest it has been in 15 years. But what this new budget clearly wasn’t—at $254 billion—was a dollar short in most major categories like education, safety, cost of living adjustments and transportation.