The New York City Economic Development Corporation announced Friday a $51 million aid package for the city’s garment industry.
The money, to be distributed over the next 10 years, will go to textile and fashion companies looking to modernize their equipment, and relocate within the city — with a focus on Brooklyn’s Sunset Park.
Grants will include “relocation, expansion and other costs for businesses that want to move from the Garment Center to Sunset Park,” according to the organization.
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