History of New York City to form the new municipal government originally called "Greater New York". The Borough of Brooklyn incorporated the independent City of Brooklyn, recently joined to Manhattan by the Brooklyn Bridge; the Borough of Queens was created from western Queens County (with the remnant established as Nassau County in 1899); and the Borough of Richmond contained all of Richmond County. Municipal governments contained within the boroughs were abolished, and the county governmental functions were absorbed by the city or each borough. In 1914, the New York State Legislature created Bronx County, making five counties coterminous with the five boroughs. The Bronx had
New York City Regional Center areas of New York City in need of long-term economic growth. Examples include: • $220 million to finance ground-up construction in the Bronx; • $108.5 million to finance ground-up and redevelopment projects in Washington Heights (an Upper Manhattan Empowerment Zone); and, • $767 million to finance ground-up, redevelopment, and infrastructure projects in Brooklyn, including seven projects totaling $339 million in the Brooklyn Navy Yard. Examples of economic development projects utilizing loans provided by NYCRC-managed funds include the following: • A new wireless infrastructure network in New York City’s subway stations • Redevelopment of a new cargo facility at JFK International