Empire Outlets Development Project
Sector: Car parking • Location: New York City, New York, United States
Source: SILive
The Empire Outlets project involved the construction of a shopping outlet financed through a combination of private investment and significant taxpayer subsidies from New York state and city agencies. The project included infrastructure improvements such as a parking garage, flood resiliency measures, and public transportation upgrades. The project faced financial difficulties, including foreclosu
- Status
- Failure
- Sector
- Car parking, Commercial, Government, Residential, Automotive
- Location
- New York City, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- SILive
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Project Information
Participants
Sponsoring Agency |
Status
Original status | foreclosed and acquired |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Empire Outlets project involved the construction of a shopping outlet financed through a combination of private investment and significant taxpayer subsidies from New York state and city agencies. The project included infrastructure improvements such as a parking garage, flood resiliency measures, and public transportation upgrades. The project faced financial difficulties, including foreclosure in 2022, and was acquired by Goldman Sachs Urban Investment Group in 2023. |
Original sector | Infrastructure |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | New York City |
Source
Source | SILive |
URL |
More Details
Record type | Project |
Sector | Car parking, Commercial, Government, Residential, Automotive |
Article published date | 2025-09-16 |
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