Hudson Development Corporation [HDC] is a non profit Local Development Corporation (LDC) established to sustain, promote and attract projects that improve economic opportunities for businesses and residents, create jobs and enhance the quality of life in the City of Hudson.


The HDC is a special not-for-profit corporation – a Local Development Corporation. Local Development Corporations are created pursuant to Not-for-Profit Corporation Law, Section 1411 for the purposes of:

  • Relieving and reducing unemployment;
  • Promoting and enhancing employment opportunities;
  • Instructing or training individuals to improve or develop skills;
  • Conducting scientific research to attract or retain industry; and
  • Lessen the burdens of government and acting in the public interest.

In general, LDCs are authorized under state law and are often used by municipalities to support particular public purposes. LDCs can construct, rehabilitate and improve properties and can take a range of other actions to aid business development, or meet other local needs.

LDCs created by municipalities are quasi-public entities undertaking activities in areas of public concern.

Many LDCs also fall under the reporting requirements of the Public Authorities Accountability Act. For more information about local development corporation reporting, please visit the New York State Authority Budget Office.


Check this list of Economic Development and Community Support Projects that HDC has done for the City of Hudson in the Last 10 Years.

The Hudson Development Corporation’s Board is currently comprised of thirteen Directors, though may have a maximum of fifteen Directors.  Two Directors serve ex officio: the Mayor of the City of Hudson  and the President of the Common Council of the City of Hudson. The remaining eleven (11) Directors are elected to three-year terms, renewable for an additional three-year term. The Directors must be employed by an entity which does business in the greater Hudson Area or practice a trade or profession in the greater Hudson area.

The Directors are responsible for setting policy, supporting the Director and staff, guiding long-range planning and development, monitoring finances and working cooperatively to fulfill the mission of the organization.

If you are interested in becoming member of the Board of Directors, fill out an application:
HDC Board Application .

Rick Rector,
City of Hudson – Mr. Rector is a 35 year veteran of the fashion and retail business. He has held senior and presidential positions for upscale retailers and fashion designer businesses. Upon moving full time to Upstate New York, he began a secondary career in real estate in addition to being named to the Historic Preservation Commission of the City of Hudson where he served as chair of the commission for over five years. In 2015 Rector was named to the Hudson’s Common Council replacing an alderman who resigned. During his years on the Common Council, Rector served on the Finance, Police and Legal Committees, and was chair of both the Arts, Entertainment and Tourism and Economic Development Committees.  Rector was elected Mayor in November of 2016 with the endorsements of the Democratic, Republican and Conservative parties.

Tom DePietro, Common Common Council President

Robert W. Rasner, President is a graduate of the Ohio State University, Columbus, Ohio Business, with a background in sales, marketing, and government relations. Proprietor, with wife Marie, in two businesses: Elijah Slocum, Inc. and the Inn at 34, both located in Hudson, NYBoard member, Columbia County Planning Board.

Carolyn Lawrence – Owner, Hudson B&B
A former New York City interior designer, Carolyn Lawrence blends her lifelong passion for design with her love of people, good conversation and nourishing food. With energy and enthusiasm, she offers the Hudson B&B as a resting point to a remarkably wide variety of visitors from literally all over the world.

Walter Chatham

Steve Dunn

Nick Haddad

Gregg Carey

Martha Lane

Seth Rogovy

Paul Barrett

Paul Colarusso

Kristen Keck

Branda Maholtz, Executive Assistant branda@hudsonfirst.com A native of the Pittsburgh, PA area, fell in love with Upstate life while completing her MFA at Syracuse University. Branda taught English and creative writing courses at various universities until moving to New York City for an Acquisitions Editor position at Penguin Group. A resident of Hudson since 2010, Branda has focused on community outreach and business development in various roles including Etsy, Inc. and the Hudson Opera House while working as the Executive Assistant for HDC/HCDPA since 2014.


The City of Hudson is located along the western banks of the Hudson River in Columbia County, New York. Hudson has inspired countless explorers, builders, artists, and entrepreneurs over the past two centuries– and continues to inspire a new tide of adventurers today.

After the Revolutionary War, a group of seafaring men from Providence and Newport, Nantucket and Edgartown, fearing retaliation from the British, sought a safe harbor for their vessels. In the spring of 1783, Thomas and Seth Jenkins set out to find such a place and found it in on the banks of the Hudson. They purchased a large tract of land known as Claverack Landing. By that fall, the founders of Hudson, most of whom were Quakers, began arriving in ships with their families and possessions. Some even brought with them houses that had been framed out in Nantucket.

At their first meeting in 1784, the founders, who called themselves Proprietors, set to work designing the city. In 1785, the City of Hudson was chartered, making it the first city to be chartered in the new United States.

By 1788, Hudson had become a commercial city with a considerable population, warehouses, wharves and docks, ropewalks, and the din of industry. Its economic mainstays were whaling, sealing, and international trade. The discovery of petroleum in the mid-1800s decreased the demand for whale oil, and this, combined with the coming of the railroad in the late 1840s, which transected the north and south bays, caused Hudson to enter a period of decline.

Even as the railroads sealed the fate of one era, they fostered the beginning of a new era and enabled new industries to prosper. In the 19th century, knitting mills and cotton mills opened and brickyards flourished, as did breweries and an iron works. But by the end of the 19th century the economy of the city once again began to decline. The cement industry, which had arrived about 1900 and dominated the economy until the Great Depression, finally closed in the late 1960s.

During the middle years of the 20th century, Hudson’s economy continued to be depressed, and because no one could afford to do so, or was able or interested in doing so, many of Hudson’s elegantly simple buildings, along with its mansions, rode through time unappreciated, neglected, then abandoned, and finally, for some, demolished. Despite depredation caused not only by neglect and the passage of time, but by planned demolition and ill-considered destruction, it remains a cause for celebration that the city of Hudson has retained so much of its superb architectural heritage.

In the past two decades, Hudson has renewed itself as it had twice before in the 18th and mid-19th centuries. The city, with its architecture and unique character, has come once more to be avidly appreciated, and more importantly, saved and restored by some long-time residents and by many new devotees of the city—all the spiritual if not the actual heirs of those who built—and rebuilt—Hudson better than they found it.

courtesy of Historic Hudson