Transformational Infrastructure

Key Decisions on Transportation

REAL ESTATE’S VITAL STAKE IN INFRASTRUCTURE
New York City would not be a global hub without the transportation infrastructure that knits its boroughs together and links them to the world. Subways, surface rail, ferries, highways, bridges, tunnels, terminals, port facilities, and airports constitute an asset of incalculable value. The region runs on it. But the region is now running on borrowed time as its infrastructure ages, alarmingly, putting the city’s and region’s global competitiveness at risk – with direct consequences for real estate values and development. Federal investments are bringing infrastructure issues into sharper focus nationwide, as economic and environmental concerns grow more acute. Against this backdrop, top of!cials, business leaders, and experts from the federal, state, and local levels will explore our region’s prospects:
- If adequate and timely investments in transportation infrastructure aren’t made, what might our future look like? What – exactly – is at risk?
- Which investments are most crucial to the real estate industry? Why?
- What federal funds have been allocated to our region, and how are they being spent?
- In the current economy, and with due regard to environmental concerns, how can all parties partner most effectively to overcome obstacles to needed investment?