Long Island Mixed-Use Project Obtains $166M Refi

TRITEC Real Estate Co. and The Olayan Group secure $166.2 million Freddie Mac-backed refinancing for The Core at Station Yards in Ronkonkoma, a 388-unit mixed-use development completed in 2024 that includes 83,500 square feet of office and retail space as part of the master-planned Station Yards project. Source: multihousingnews.com

Casey : The State of US Offshore Wind in an Era of Malevolence

Analysis examines the challenging regulatory environment facing U.S. offshore wind development, including projects planned for Long Island waters, as policy changes create uncertainty for renewable energy infrastructure investments and construction timelines. Source: cleantechnica.com

Orsted Shares Tumble Amid Administration Hostility to Offshore Wind

Danish offshore wind developer Orsted announces a $9.4 billion rights issue to fund renewable energy projects while facing regulatory hostility from the current administration toward offshore wind development, impacting Long Island's planned wind energy infrastructure. Source: wsj.com

Details of Propel NY Energy Infrastructure Project Revealed

LIMBA members learn details about the proposed $3.26 billion Propel NY Energy project, a collaboration between New York Power Authority and New York Transco to modernize Long Island's aging electric transmission system with 90 miles of underground and submarine transmission lines to improve grid reliability and deliver clean energy including offshore wind. Source: lilifepolitics.com

Five IBEW/NECA Projects Earn Honors from Association of General Contractors (AGC)

Five projects by IBEW/NECA Electrical Connection contractors receive recognition as finalists in the prestigious Associated General Contractors Keystone Awards, with Guarantee Electrical and PayneCrest Electric earning honors for construction excellence, continuing a tradition of 115 IBEW/NECA projects honored since 1997. Source: labortribune.com

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