Offshore Wind Push Is Good News For NYC Building Owners

By Raymond Pomeroy (March 11, 2021, 5:13 PM EST) -- Federal and state support have New York state poised to lead the nation in the development of offshore wind power. Several large offshore wind projects are now taking shape in the waters of the Atlantic Ocean off of New York's Long Island.

Five projects, in various stages of the approval process, are poised to deliver more than 4,300 megawatts of electricity to the New York market by 2028. And as large as these projects are, they represent less than half of the state's 2019 commitment for offshore wind — so more projects are assuredly on the way.

Hurdles remain — we are...

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