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Surface Transportation

Financing Development of Public Transport-oriented Urban Growth and Subway Infrastructure at New York City’s Hudson Yard through Profit Gained from the Development Itself (Part 1)


Tomomi Tsuchiya & Daisuke Miyamoto

The redevelopment project for Hudson Yard is the largest in New York City history, and consequently comes with unique financial challenges and ingenuity. In this multi-part research report, Rail Analyst Daisuke Miyamoto and former JITTI USA President Tomomi Tsuchiya relay their findings, and Part 1 of this series describes the background, development incentives, financing mechanisms, status and more of this historic project.

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