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HYIC
(redirected from Hudson Yards Infrastructure Corporation)

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AcronymDefinition
HYICHudson Yards Infrastructure Corporation (New York, NY)
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According to documents released at the time of that bond offering by the Hudson Yards Infrastructure Corporation, the agency that manages the funds, the city calculated that deferred tax payments and other charges tied to projected development on the West Side would be enough to pay the $97 million of yearly debt service on the bonds by 2014.
Hudson Yards fuzzy financing too good to be true? by Geiger, Daniel / Real Estate Weekly
1 billion estimated for all improvements to be funded by the Hudson Yards Infrastructure Corporation (HYIC).
West Side Residents Cry Foul on No. 7 Line Extension by Eliot Brown / The New York Observer
6 billion, 16% of 2004 personal income and $6,458 per capita, including a recent $2 billion financing by the Hudson Yards Infrastructure Corporation (backed by development-related tax revenues and the city's backstop commitment to pay interest when necessary; rated 'A-' by Fitch).
Fitch Rates New York City $100MM Auction Rate GOs 'A+' Underlying by Business Wire
 
 
 
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