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Eric Adams pours $140 million for Hunts Point in NYC economic recovery plan

By 03/11/2022 9:15 AMNo Comments

With a focus on food and security, New York City Mayor Eric Adams has allocated a total of $140 million to the nation’s biggest and busiest food distribution hub.

The budget allocation is part of the Big Apple economic plan revealed by Adams on Thursday.

Based on his economic recovery plan, Adams pours $100 million into the Hunts Point Produce Market to improve its aging infrastructure.

Adams also allocated an additional $40 million from the city will go into parks and other infrastructure for the surrounding South Bronx neighborhood.

“We have to be the best,” Adams said.

“We want to be part of building out this critical infrastructure, of growing, producing the jobs for the future,” Adams added.

In his economic recovery plan, Adams also cited “70 concrete initiatives” to create job opportunities, foster equity, and bring the city back to prepandemic employment levels. The plans also include plans to bring soccer’s 2026 World Cup to the Big Apple, create a “cultural district” on Governors Island and suspend the 25% city surcharge on liquor licenses.

Moreover, the plan also counts on policies Adams has already rolled out. These include his push to improve public safety, encouraging the city’s workforce to return to work in person, and cutting the red tape small businesses encounter when interacting with city agencies.

But the plan also highlights more specifics of Adams’ agenda that have not yet been made public.

“We’re going to open up new job markets and new opportunities. Everything from renewable energy to digital game development — and something that some of you are familiar with, but you try to act like you not — We’re going to have the cannabis growth here,” he said.

“You could sell it right here,” he added.



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