Tuesday, June 8, 2010
☞ REVIVE: Will Harlem Hyatt Receive Funding?
The follow-up board meeting to review the approval of the $20 million in subsidies needed for the Harlem Hyatt development on 125th street convened this morning at the EDC offices downtown. We had our intrepid insider wake up early to attend the 9:00 AM event. After going through a list of other local economic developments, the funding of the Harlem Hyatt was finally on the table. So what was the verdict? The final decision by the committee, after a recap of the public approval session, turned out to be a unanimous YES. This is still just a third step preliminary approval of this project but everything is falling into place thus far. Read all things Harlem Hyatt in our past post: LINK. Photo by Ulysses