Economy

To help pay for the massive transit improvements, the RPA recommends imposing tolls on the four East River bridges, charging tolls on all major roads (including interstate-designated highways) and ultimately instituting vehicles miles traveled or miles-based user fees.

After several record-setting years, developers moderated the pace of new construction in 2017.

Industry response to the Senate's tax-reform vote early Saturday morning is mainly, although not uniformly, positive.

"Retailers who successfully integrate their brick-and-mortar stores with online and mobile platforms will continue to flourish for the long term,” says Steven K. Winters of CBRE.

However, Ken Simonson with the Associated General Contractors of America says year-to-date spending on infrastructure “has fallen short of the already inadequate amounts posted in the same period of 2016."

Greenpoint Manufacturing and Design Center will redevelop the property to house multiple manufacturing businesses.