Friday, December 9, 2016
NYC Secures $80.2 Million from State Funding Competitions for 112 Projects Across City
New York City was one of the big winners Thursday in statewide competitions for economic development funding.
The city was awarded $80.2 million for 112 projects across the five boroughs, by far the largest allocation it has received since Gov. Cuomo created the Regional Economic Development Council competitions for state dollars six years ago.
All told, Cuomo announced the awarding of more than $700 million statewide. The city’s $80.2 million ranked fifth among the 10 regions that received money...