A couple months later, then-Governor Andrew Cuomo announced $4 million for the market, which according to Kathleen Peterson, the Broadway Market’s manager, has been largely untouched since that March 2021 announcement.
Fast forward to April 25, 2022, Governor Kathy Hochul announced a $37 million investment into the Broadway Market as part of the state budget.
One of the people tasked with bringing the business plan to life is its author, Aaron Zaretsky, Principal & Founding Director of Public Market Development.
Details are slim, but Zaretsky says the city would maintain ownership of the venue and set the mission statement for the nonprofit, but the nonprofit would manage the day-to-day business of the market and ensure the strategic vision comes to fruition.
First of the month, second of the month, it’s all hopping, and then all of the sudden it just dies off.