Established by the City of New York in 2005, the Hudson Yards Development Corporation (HYDC) spearheads the implementation of the City’s Hudson Yards development program. HYDC has an experienced staff comprised of planning, development and construction professionals.
Hudson Yards Infrastructure Corporation and the New York City Office of Management and Budget, for project financing and cost containment
Metropolitan Transportation Authority (MTA), for construction of the No. 7 Subway extension
MTA, New York City Department of City Planning and New York City Council, for planning and development of the Eastern and Western Rail Yards
New York City Law Department, for condemnation and other property acquisition
New York City Industrial Development Agency, for financial incentive programs to spur commercial development
New York City Departments of City Planning, Housing Preservation & Development, Parks & Recreation, Transportation, Environmental Protection, and others, for streets, parks and other infrastructure improvements and for affordable housing development
Convention Center Development and Operating Corporations, in connection with expansion of the Javits Convention Center and development of a convention center hotel
To accomplish its mission, HYDC collaborates with the various City and State entities and agencies that are involved in financing, planning, development and construction, including: