Governor Kathy Hochul today announced the selection of the Hudson Boulevard Collective – a partnership of BRP Companies, BXP, The Moinian Group and Urbane Development, with minority-owned businesses representing 31 percent of the development team – as the conditionally designated entity to create a transformative $1.35 billion mixed-use project at 418 Eleventh Avenue in Manhattan, also known as “Site K” of the Jacob K Javits Convention Center. This development represents the first project in New York City to be permitted to build to a residential Floor Area Ratio above 12.0, a zoning reform that allows more homes to be built made possible by Governor Hochul’s housing reforms enacted in the FY 2025 Budget. Following an exhaustive competitive procurement process, the proposed development HDSN, pronounced “Hudson”, would create 1,349 residential units, including 404 permanently affordable homes, across from the Jacob K. Javits Convention Center. The ongoing construction plan is phased to prioritize the residential component and expedite the delivery of much-needed housing. This project marks a significant step forward in increasing the supply of housing to address New York’s housing crisis while creating a vibrant new destination on Manhattan’s Far West Side.