Jul 11, 2022 | Posted by MadalineDunn | New York
As reported by Baxtel at the end of June, Niagara Falls is being targeted as the site of a $1.5 billion technology and data center by New York City developer Howard Milstein and his partners, while the city launches a legal effort to create a new public park. While developers claim that the da...
Jul 05, 2022 | Posted by MadalineDunn | New York
It has been announced that New York's Department of Environmental Conservation (DEC) has denied an air permit renewal by Greenidge Generation, which could see its gas-powered Bitcoin mining data center close. This follows the Supreme Court of the United States (SCOTUS) ruling on West Virginia ...
Jun 29, 2022 | Posted by Abdul-Rahman Oladimeji | New York
Urbacon and Niagara Falls Redevelopment (NFR) have announced plans for a $1.5 billion data center park on land in Niagara Falls, New York City. Urbacon is an Ontario-based construction company with an excellent track record of developing massive data center campuses in Richmond Hill, Montreal,...
Jun 13, 2022 | Posted by MadalineDunn | New York
The New York Legislature has passed a landmark bill to ban cryptocurrency data centers that use fossil fuels to power their operations, in an effort to reduce statewide emissions by 85% by 2050. Specifically, the bill will impose a two-year moratorium on these activities, however, Governor Kat...
Feb 02, 2022 | Posted by Abdul-Rahman Oladimeji | New York
An unoccupied data center in Hauppauge, New York, has been acquired for $21 million. According to Newsday, Link Logistics, a subsidiary of Blackstone, bought the property. Link Logistics plans to tear down the building and redevelop it as a Class A distribution center. The data center sits on ...
Sep 12, 2019 | Posted by Eric Advinci | NYI Chicago (Oak Brook)
New York Internet (NYI) is expanding to Chicago through a data center acquisition. NYI has acquired the data center business at 800 Jorie Boulevard in Oak Brook Illinois. The facility was previously operated by Navisite. More info in the press release below. NYI Press ReleaseNew York, NY – Sep...
Sep 11, 2019 | Posted by Eric Advinci | 365 Bridgewater NJ
365 Data Centers announced it has acquired NYI's facility in Bridgewater New Jersey, which is 365's eleventh data center in the US. 365 Data Centers is privately held and the transaction was funded by adding a new equity investor, Turning Rock Partners.Subsequently, NYI used the proceeds to fu...