Kevin B. Casey, Business Manager
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A New York town has approved new zoning regulations to accommodate the Sands casino development project on Long Island. The zoning changes represent a significant step forward for the proposed gaming and entertainment complex, clearing regulatory hurdles for the multi-billion dollar development.
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Exclusive coverage provides the first look at construction progress on the new Belmont Park grandstand. The major infrastructure project represents a significant investment in Long Island's premier horse racing facility and will modernize the historic venue.
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The Trump administration has lifted a stop-work order on Empire Wind, a $5 billion offshore wind farm project off the coast of New York. The reversal comes after direct appeals from NY Governor Kathy Hochul and represents a compromise that could also see cancelled natural gas pipeline plans revived. The project, located 15-30 miles south of Long Island, is designed to power over 500,000 homes and is over 30% complete with $2.5 billion already invested.
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Empire Wind, the massive offshore wind farm being developed by Norwegian energy company Equinor, can now resume construction after the Federal Bureau of Ocean Energy Management lifted its stop-work order. The project is being built 15 to 30 miles south of Long Island's coast and will generate enough clean energy to power approximately 500,000 New York homes when completed. Commercial operation is targeted for 2027.
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The Trump administration's decision to allow Empire Wind to resume construction signals a potential shift in approach to offshore wind development. The reversal was facilitated through negotiations that appear to involve compromises on natural gas infrastructure projects. Industry observers see this as providing clarity for the broader offshore wind sector, which had faced uncertainty following the initial moratorium on new offshore wind development.
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BRP Companies has completed The Arboretum at Farmingville, a 292-unit residential development in Brookhaven. The $147 million project features a mix of two and three-bedroom apartments, lofts, townhomes, and single-family homes, with 30 units reserved for workforce housing. The development includes a seven-acre publicly accessible park and state-of-the-art amenities including a resort pool, fitness center, and yoga facilities. Construction began in July 2022 with Phase I opening in June 2024.
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Technology company Orbic has broken ground on a major $107 million manufacturing expansion on Long Island. The project represents a significant investment in the region's technology and manufacturing sector, promising to create new jobs and strengthen Long Island's position as a hub for advanced manufacturing. The expansion is expected to enhance Orbic's production capabilities and support the company's growth in the telecommunications and technology markets.
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Governor Kathy Hochul has announced 23 transformational downtown revitalization projects across Long Island as part of the state's Downtown Revitalization Initiative. These projects are designed to strengthen local economies, improve infrastructure, and enhance the quality of life in Long Island communities. The initiative focuses on creating vibrant, walkable downtown areas that attract businesses, residents, and visitors while preserving the unique character of each community.
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DraftKings will not be taking over the proposed Long Island casino project from Las Vegas Sands, according to industry sources. The development removes a potential major player from the competitive bidding process for Long Island casino licenses. The decision affects the landscape of gaming development proposals for the region, as various companies continue to compete for the lucrative casino development opportunities on Long Island.
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