Finish The Yards
We present a new vision that takes into consideration how New Yorkers live in 2024 and how the City’s economy has changed while remaining in full compliance with existing approved uses from the existing zoning. The original plan for the Western Rail Yard—that was agreed to by the community—always anticipated and accounted for the fact that markets change and allowed for flexibility.
This next phase for Hudson Yards will maintain or enhance commitments made in the 2009 plan, including a larger community park, affordable housing, a public school, community facility, and a day care, while establishing an economic engine that provides careers for thousands of New Yorkers and meaningful benefits for all sectors of the community.
2009 vs. 2024 Zoning Plan
$2+ Billion for the MTA
The resort is the catalyst for the redevelopment of the entire Hudson Yards West site – for which stakeholders have long advocated – and will add billions of dollars more in long-term economic benefits to New York while supporting our public transit system. Specifically, because of the location over the MTA's western rail yards, the agency will see added financial benefit critical to infrastructure needs as soon as the first shovel hits the ground.
The project will also have significant economic impacts on the local and regional economy through its development and operation, including a $12 billion investment in New York with more than $2 billion dollars in revenue for the MTA.