$400 Million In Funding Announced For ‘Future Of Fifth’ Project In Midtown, Manhattan
New York City Mayor Eric Adams has announced over $400 million in funding for the “Future of Fifth” project, which will transform Fifth Avenue between Bryant Park and Central Park into a pedestrian-focused boulevard. With an additional $250 million added to a prior $152.7 million commitment, the initiative is the most extensive redesign in the 200-year history of the avenue. The plan is led by a public-private partnership that includes the city, the Fifth Avenue Association, the Grand Central Partnership, the Central Park Conservancy, and the Bryant Park Corporation, with design efforts by Arcadis, Sam Schwartz, and Field Operations.





