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Take advantage of negotiations to take over 4 EV stations
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Tesla is shutting down four planned EV charging stations in New York City, but another tenant is in a position to pick up the packages.
Revel is in talks to lease the four abandoned sites through Elon Musk’s automaker, Crain reported.
A spokesperson for Revel showed the company recently negotiating to lease the sites, adding that three of them were “basically fit to leave. “These three sites belong to similar companies, while the other is owned by urban infrastructure developer Wildflower.
The sites, designed to measure wait times for the fleet of electric vehicles driving through the concrete jungle, are located in Maspeth and University Point, Queens; the South Bronx; and eastern New York, Brooklyn.
There is talk of mass layoffs at Tesla as the company scales back plans for Supercharger sites.
If Revel were to close its sites, it would more than double its public fast-charging capacity in the city. The company operates three public locations with more than 50 chargers in Bedford-Stuyvesant, Williamsburg and Long Island City, with plans to expand further. . Tesla’s plazas had to come with at least 60 chargers.
Charging stations can serve as a tool to advertise to homeowners under construction and have a ripple effect on nearby properties, enticing more drivers to buy groceries at shopping malls, structures, and hotels.
Real estate investment trusts that followed EV charging stations last year included shopping mall operator Simon Property Group (1,261 stations in its portfolio), Essex Property Trust (574 stations) and Prologis, according to a CBRE report analyzed via CBS News.
– Holden Walter-Warner