NEW YORK CITY—More than 1,000 projects across New York State were awarded $755 million in economic and community development funding. On Wednesday, Gov. Andrew Cuomo announced winners of the 2017 Regional Economic Development Council Competition.
New York City received $64.8 million to support 121 projects. Below are three of the award winning projects:
B. New York City was awarded $1.9 million to be the flagship US location of B. Amsterdam, the largest startup tech incubator in Europe. It will provide flexible workspace and consulting assistance to foreign tech companies, starting businesses in the US. The grant will support a $28 million construction renovation to build the incubator, with a 2018 completion date.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
