David Rubenstein is a shareholder in law firm Polsinelli’s Real Estate Practice Group. As an adviser to data center developers across the nation, Rubenstein has experience navigating the constantly shifting political and business considerations impacting development. In an exclusive interview with IREI, Rubenstein shared his views on New York State’s new moratorium on new hyperscale data centers. He weighs in on what this means for projects in the queue and the implications for development in other U.S. states.
On July 14, New York State Gov. Kathy Hochul signed an executive order creating the nation’s first state-wide moratorium on new hyperscale data centers. What’s your take on this?
Initially, to be honest, I was dism
