New York City
Four experts discuss how to rebuild urban cores by bringing the public and private sectors together to create thriving downtowns that entice remote workers to return to the office and broaden the mix of uses.
Consumers have kept a steady foot on the gas this year. A record-high 197 million consumers shopped in stores or online over the Thanksgiving holiday weekend, according to the National Retail Federation (NRF). The NRF forecasts that holiday sales will grow between 2.5 percent and 3.5 percent, with total retail spending in the United States falling between $979.5 billion and $989 billion during November and December. That forecast also is consistent with NRF’s annual U.S. sales growth—between 2.5 percent and 3.5 percent—for 2024.
The U.S. economy did very well in 2024, said Barbara Denham, lead economist for Oxford Economics, and the forecast for the coming year is more of the same—both in New York City and across North America. However, in presenting Oxford’s favorable economic forecast for 2025 at a ULI New York event last month, Denham also noted many caveats ahead of the incoming U.S. administration.
The ULI Terwilliger Center for Housing has announced two winners for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award, as well as two winners for the Terwilliger Center Award for Innovation in Attainable Housing.
Obsolete buildings will constitute up to 50 percent of all new housing in cities
The term “Environmental, Social, and Governance,” or ESG, has been around for two decades, first being coined by the United Nations Global Compact in 2004. However, the rise of the framework has led to increasing political backlash, with some states outright banning ESG in investment decisions.
How seven U.S. cities are tackling the future of downtowns
This year’s Net Zero Buildings Week is Sept. 16-20. The virtual event series supports partnerships and collaboration across the built environment industry to collectively advance net zero buildings.
Hundreds of events are scheduled September 22-27 for Climate Week NYC 2024, an annual event that drives climate action by those at the very top of business and politics, but also by communities, artists, and activists. This year’s theme: It’s Time. The built environment is a part of the dialogue, as are cross-sector issues like circular economy, water, finance, biodiversity, adaptation, health, environmental justice, policy, and more. With more than 600 events to choose from, it’s easy to assemble a perfect, customized itinerary for the week.
On August 14, ULI New York and the Holcim Foundation hosted a sold-out event on “Decarbonization at Scale,” a topic that has never been more critical for the future of the built environment in North America.
E-Newsletter
This Week in Urban Land
Sign up to get UL articles delivered to your inbox weekly.
Members Sign In
Don’t have an account yet? Sign up for a ULI guest account.