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Links roundup

October 3, 2011

What the Low Line might look like.

  • The MTA is considering a pitch to build a park in an unused Lower East Side trolley terminal that’s already being called the Low Line. The authority won’t put up any money for the project though. [New York Magazine]
  • The park being used by the Occupy Wall Street protesters is on private land, but might be subject to control by a public authority. Nobody seems to be sure right now, and the “private-public” status of the park may have been one of the reasons why the protesters chose it. [Capital NY]
  • The state is giving $400 million to a consortium of high tech firms that are building a $4.8 billion computer chip plant in Albany. The subsidy package includes $250 million from ESDC, $100 million in cheap power from NYPA, and energy efficiency credits from NYSERDA. [TU]
  • The Port Authority’s Executive Director, Chris Ward, isn’t waiting for Governor Cuomo to fire him, instead announcing that he’ll resign at the end of October. [NYT] [Capital NY] [WSJ] 
  • The United Nations Development Corporation, a state-level public authority, plans to buy a New York City playground and put up a new building next to its current 39-story tower. The city plans to use the money for a greenway, so it seems like a pretty good deal, right? Not necessarily, according to the National Review, since taxpayers from across the country are going to end up footing a lot of the bill. [National Review]
  • ESDC is working with the EPA, the DEC, the town of Tonawanda, and the Clean Air Coalition of Western New York on a sustainability initiative known as E3, for Economy, Energy and Environment. The program will provide manufacturers with customized assessments of production processes to enable them to reduce energy use and waste, minimize air pollution, increase productivity and drive innovation. [EPA Press Release]
  • Standard & Poor’s revised its rating outlook on bonds issued by the Dormitory Authority and the New York City IDA for St. Francis College from negative to stable. [Reuters]
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