New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

New York & Tri-State  + Industrial  | 
The City of New York will acquire property from CSX that will enable the city to proceed with e project to uncover Tibbetts Brook and extend the Putnam Greenway

Agreement with CSX Allows Bronx Greenway Project to Proceed

 Following years of a stalemate, the Adams administration has reached an $11.2-million agreement with railroad freight company CSX Transportation to purchase a piece of property critical to the project to uncover Tibbetts Brook and extend the Putnam Greenway in the Bronx.  

By obtaining this final component, the city will be able to move forward with rerouting the brook above ground, an engineering feat known as “daylighting.”

Removing Tibbetts Brook from the sewer system will create much-needed additional capacity in the borough’s drainage network. This green infrastructure project will also create new parkland within the former CSX rail line property and extend the existing Putnam Greenway, according to the city. 

The agreement with CSX “brings us one step closer to completing one of New York City’s most ambitious green infrastructure projects to date,” said Mayor Eric Adams. 

Connect

Inside The Story

Mayor Adams' office

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Policy/Gov't
New call-to-action
LeeAssociates-26-cube