Related Keywords: announced ten year aid package, expansion and other costs for businesses, Garment District Alliance, garment industry, includes relocation, move from the Garment Center to Sunset Park, New York City Economic Development Corporation, package is backed by Council of Fashion Designers of America, stabilize and strengthen declining industry
The New York City Economic Development Corporation (NYCEDC) announced a 10 year, $51 million aid package to the city’s garment industry which includes “relocation, expansion and other costs for businesses that want to move from the Garment Center to Sunset Park to stabilize and strengthen the declining industry currently centered in Midtown.
The package is backed by the Council of Fashion Designers of America and the Garment District Alliance — is “the largest investment in this iconic sector in New York City history.
