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Friday, dec 27
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Real Estate
New Development With Over 100 Affordable Apartments Completed In Westchester
Construction of an all-new six-story apartment building in Westchester with more than 100 affordable units has been completed with help from New York state officials. The grand opening of Summit on Hudson, located in Yonkers just a half-mile from the city's Metro-North train station, was celebrated by city and state officials on Tuesday, July 16. The new building, developed by Wethab and built as part of New York Gov. Kathy Hochul's $25 billion comprehensive Housing Plan to create and preserve 100,000 affordable homes throughout the state, contains 113 affordable apartments…
News
Con Ed Deal May End Natural Gas Moratorium In Westchester
Con Edison has reached an agreement with an out-of-state natural gas pipeline that will pave the way to ending the gas moratorium in Westchester that took effect last month. The utility company announced that it has made a deal with the owners of Tennessee Gas Pipeline, which will provide increased natural gas capacity to Con Edison’s distribution system in Westchester, though the moratorium won’t be lifted until November 2023. Under the agreement, Tennessee Gas Pipeline would provide the increased natural gas capacity to Con Edison’s distribution system in Westchester by upgrading compres…
Politics
Video: Latimer Speaks Out As Con Ed Natural Gas Moratorium Takes Effect
The day Westchester County developers and elected officials have been dreading is here: the Con Edison natural gas moratorium takes effect on Friday, March 15. Last month, Con Edison announced that the demand for new gas has surpassed its limits in southern Westchester, prompting them to stop accepting new customers beginning on March 15. The announcement led to finger-pointing and panic for many Westchester officials and developers with extensive, multi-million dollar projects in the works. There have been public meetings hosted by the Public Service Comm…
News
Westchester Lawmakers Face Off With Con Ed Officials Over Natural Gas Moratorium
Con Edison officials were back in the hot seat this week, as Westchester lawmakers grilled the utility company about the gas moratorium set to take effect on March 15. Last month, Con Edison announced that the demand for new gas has surpassed its limits in southern Westchester, prompting them to stop accepting new customers beginning on March 15. The announcement led to finger-pointing and panic for many Westchester officials and developers with extensive, multi-million dollar projects in the works. There have been public meetings hosted by the Public Service Commission, and on Monday, Con …
News
Con Ed Could Run Out Of Natural Gas Before Moratorium Begins
Lawmakers in Westchester are fearful that Con Edison may run out of gas before its announced gas moratorium takes effect next month. Westchester officials requested that Con Ed hold off on their announced moratorium as they gather information and seek solutions. In response, Con Ed reportedly said that it’s a simply matter of “supply and demand,” and that at some point the supply will run out, potentially before the March 15 deadline. “The demand for natural gas in our service area has been experiencing significant growth primarily due to the construction of new buildings, the opening of ne…