Publications
New York becomes first state to pause new data center development
Quoted, CoStar
David Rubenstein discusses New York's decision to pause the development of large data centers, highlighting the growing tension between supporting AI infrastructure and addressing concerns over energy consumption, natural resources and community impacts. He explains that as states and local governments increasingly scrutinize data center projects, developers must be prepared to demonstrate the economic benefits of their projects while addressing issues such as utility demand, environmental impacts and public opposition. Rubenstein notes that New York's moratorium could influence other jurisdictions to adopt similar measures, making community engagement and thoughtful site selection increasingly important for future data center development.