Schumer calls for $2.5M for Navy Yard project
Brooklyn Navy Yard’s Building 77 Expansion Project Will Provide Space for Thousands of Jobs
U.S. Sen. Chuck Schumer on Tuesday urged the U.S. Economic Development Administration (EDA) to provide $2.5 million in federal grant funding for the Brooklyn Navy Yard’s jobs expansion project, which will go toward renovating two floors of Building 77 to create move-in ready 3,000-5,000-square-foot units for small- and medium-sized businesses.
The Brooklyn Navy Yard’s 4.5 million square feet of leasable space is already 99 percent occupied with more than 330 businesses, including 5,000 employees. Schumer said renovating this building will allow Brooklyn Navy Yard to accommodate even more businesses.