About Hudson Yards Development Corporation

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.

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:

  • 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