City $130M / State $130M / Federal $145M redevelopment of the Hunts Point Produce Market.
Budget
$405M
Spent to date
$62.0M
Remaining
$343M
Budget used
15%
4 phases
| # | Phase | Timeline | Status |
|---|
| Budget / spent |
|---|
| 1 | Design | Jan 1, 2023 – Jun 30, 2024 | Complete | $60.8M / $60.8M100% |
| 2 | Procurement | Jan 1, 2024 – Jun 30, 2025 | In progress | $1.3M / $40.5M3% |
| 3 | Construction | Jan 1, 2025 – Jun 30, 2026 | Pending | $0 / $263M0% |
| 4 | Closeout | Jan 1, 2026 – Jun 30, 2027 | Pending | $0 / $40.5M0% |
2 inspection deficiencies bundled · $3.3M backlog
| Severity | Deficiency | System | Status | Est. cost |
|---|---|---|---|---|
| Critical | Substructure repair required — building inspection Hunts Point Produce Market Building | Substructure | In Capital Project | $2,531,728 |
| High | Shell repair required — building inspection Primary Building | Shell | In Capital Project | $744,414 |
How the project's programmed budget is distributed across phases.
The primary asset plus every asset carrying a bundled deficiency.