BRI officials stated that while the new increases prevent another destructive rent freeze, they once again fall short of what is required to keep up with rising costs.
A total of $789 million in funding is being directed to six projects in New York City ($603 million) and three projects in the Mid-Hudson region ($186 million).
Since opening in October 2006, Empire City Casino has generated more than $5 billion for New York State education.
New state-of-the-art facility to replace outdated buildings in $400 million project planned by New York State Dormitory Authority.
Project to start by April 2024 to retrofit facility, build a new warehouse and redevelop an underutilized property.
Father and son share prestigious economic development award as result of Chartwells campus expansion in Rockland County.
The partnership will significantly enhance New York State’s position as a leading candidate to secure anchor hub status under the federal National Semiconductor Technology Center, a designation with the potential to unlock more than $11 billion in federal CHIPS and Science Act funding.
NYPA plans to downsize into purpose-built 250,000 sq. ft. Class-A headquarters built with sustainability in mind, and sell current 400,000 sq. ft. HQ at 123 Mainstreet.
Two 41-story luxury towers anchor the mixed use residential complex, with 906 apartments, 91 affordable apartments, and active street level commercial use space on Buena Vista Ave.
MGM plans to transition Yonkers' Empire City Casino into a world-class entertainment destination, with a full-scale casino, 5,000-seat entertainment venue, and sportsbook operation, all supported by thousands of union jobs.
Federal Assistance would enable New York, Long Island and the Mid-Hudson Region's communities and small businesses to deal with the fallout from flooding, debris and damage from six inches of rain in 24 hours.
Public-private investment kept mom-and-pop stores open, provided safe and quality housing for residents, and decreased historic poverty levels — and boosted jobs and businesses by 25% and 20%, respectively.
The former Avon Headquarters will be redeveloped into a new $108 million facility for the New York Blood Center and Crescent Manor Ossining, a new $44.5 million affordable housing project.
First-of-its-kind life sciences career and education hub revealed as part of the SPARC Kips Bay Master Plan, with a new economic impact analysis with the potential to create 15,000 jobs.
BBVA plans to move to Two Manhattan West, the trophy office skyscraper in the Manhattan West development by the end of 2024.
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