Projects Announced in Long Island City and Hudson Square
Project Renderings Available Here
Governor Kathy Hochul today announced awards for a total of 13 transformational projects for New York City as part of two economic development programs: the Downtown Revitalization Initiative and NY Forward. Seven projects were announced for Long Island City, the Round 7 winner of a $10 million DRI award; and six projects were announced for Hudson Square, a Round 2 winner of a $4.5 million NY Forward award.
“New York City is writing one of the greatest comeback stories in its history, and it’s happening with groundbreaking investments in projects that will endure decades into the future,” Governor Hochul said. “These projects will make our neighborhoods stronger and more vibrant — opening up doors of opportunity and ingenuity for the New Yorkers that call them home.”
New York Secretary of State Walter T. Mosley said, “When we invest in our downtowns, we’re investing in the heart of our communities. Through the Downtown Revitalization Initiative and NY Forward program, we’re not just funding projects – we’re fostering vibrant, walkable neighborhoods that spur economic growth, enhance quality of life for residents and preserve the unique character of each municipality and region. These signature programs exemplify our commitment to ensuring that every New Yorker, in every corner of our State, has the opportunity to succeed and thrive.”