The Mamdani administration is reportedly considering blocking a financing mechanism for the next phase of The Related Companies' Hudson Yards development, a move seen as standing up to "Manhattan for the 1%. However, this strategy could help finance the mayor's most ambitious housing idea, Sunnyside Yard. The solution may be in the Hudson Yards Infrastructure Corp. which was established to collect payments in lieu of taxes from new buildings and then built Hudson Park and Boulevard. This model has proven successful and allows the city to use excess revenue to build infrastructure projects across the East River. The proposal would require a dedicated revenue stream and attract private investment.