City officials unveiled a $25 million redevelopment plan for the Hunts Point fish market on Tuesday, August 18, 2026. The announcement was made by New York City Public Advocate Julie Menin, Bronx Councilmembers Justin Sanchez and Amanda Farías, and representatives of the Fulton Fish Market Cooperative, which operates within the Hunts Point Food Distribution Center.
The proposed investment targets infrastructure upgrades and modernization efforts at the Fulton Fish Market, the city’s primary source of fresh and frozen seafood for restaurants and grocery stores throughout all five boroughs. The plan aims to improve operational efficiency, enhance sanitary conditions, and increase capacity to meet growing demand from local and regional foodservice businesses.
Councilmembers Sanchez and Farías highlighted the market’s role in supporting the Bronx’s economy and its significance to the broader New York food supply chain. They noted that the infusion of capital is intended to preserve jobs, attract new vendors, and sustain the market’s competitiveness amid shifting industry trends. The public advocate’s office emphasized that the funding aligns with broader city initiatives to strengthen essential food distribution hubs.
The Fulton Fish Market Cooperative, which manages the facility, confirmed that the $25 million will be allocated to structural repairs, upgraded refrigeration systems, and enhanced loading dock facilities. The cooperative also indicated that the improvements are scheduled to begin later this year, with construction phased to minimize disruption to daily market operations. Stakeholders expect the revitalized market to continue serving as a critical conduit for seafood distribution across New York City’s neighborhoods.