New York Main Street Grants
For more than a decade, we participated in the New York Main Street (NYMS) program, which allowed us to provide matching grants to property owners and merchants to help finance significant improvements. The program played a critical role in maintaining and preserving historic mixed-use buildings and filling storefront vacancies along Myrtle Avenue. NYMS funding was made available by the State of New York.
For decades, Myrtle Avenue and the surrounding neighborhood experienced property disinvestment, leaving many historic buildings ill-maintained and storefronts sitting vacant. To help reverse these conditions, we applied for New York Main Street funding from the State’s Department of Homes and Community Renewal. In all, we had, we received five rounds of funding between 2004 and 2017.
By the Numbers:
- 43 Properties assisted with grants
- Generated $3.1 in property investment along Myrtle Avenue
- $1,033,750 in grants awarded, matched by $2,176,957 from business and property owners
- $210,000 in NYMS dollars have been spent on streetscape improvements along Myrtle Avenue