Cuomo seeks another $40M for Nassau Hub pedestrian bridges, medical center

TRD New York /
Feb.February 11, 2019 01:07 PM

New York Gov. Andrew Cuomo hopes to spend another $40 million to build pedestrian bridges and a medical research center at the Nassau Hub, the $1.5 billion redevelopment project planned for the parking lots that surround the renovated Nassau Veterans Memorial Coliseum, Newsday reported. The additional cash would bring the state’s investment in the project up to $131 million. Cuomo made the announcement in front of roughly 500 people gathered in Woodbury by the Long Island Association, a pro-business group. The Nassau Hub project, which spans 72 acres, is being spearheaded by BSE Global and RXR Realty. It still needs to clear various hurdles in Nassau County and the Town of Hempstead. Cuomo’s $40 million plan would split it between a Northwell Health Innovation Center and three pedestrian bridges connecting the Nassau Hub to Hofstra University, Nassau Community College and the RXR Plaza office complex. [Newsday]


Related Articles

arrow_forward_ios
In the Hamptons, the median sales price hit $1,080,000, up 9 percent over the first quarter (iStock)

Home prices set new records as inventory falls across Long Island

Home prices set new records as inventory falls across Long Island
Clockwise from top left: Deirdre O'Connell of Sotheby's International Realty, Paul Breunich of Sotheby's International Realty, and Heather Harrison of Compass

Tri-State brokers are busier than ever as buyers warm to suburban living

Tri-State brokers are busier than ever as buyers warm to suburban living
The New York State Senate subpoenaed several top names in real estate

Elliman, RE/MAX, Keller Williams subpoenaed in discrimination probe

Elliman, RE/MAX, Keller Williams subpoenaed in discrimination probe
Compass' Rory Golod and Long Island’s North Shore (Credit: Long Island)

Compass sets sights on Long Island’s North Shore

Compass sets sights on Long Island’s North Shore
Governor Andrew Cuomo (Credit: Getty Images)

Cuomo announces new state rules following Newsday’s discrimination exposé

Cuomo announces new state rules following Newsday’s discrimination exposé
How healthcare is saving Long Island’s office & retail markets

How healthcare is saving Long Island’s office & retail markets

How healthcare is saving Long Island’s office & retail markets
The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, probe finds

LI agents routinely discriminate against minority buyers, probe finds
Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news

Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news

Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...