News & Press

  • NYC to Receive $55M in New Markets Tax Credits for Community Investment Projects

    New York City has been awarded $55 million in New Markets Tax Credits (NMTC) from the U.S. Department of Treasury. The credits will be allocated to the New York City Neighborhood Capital Corporation (NYCNCC), a community development entity administered by NYCEDC. The $55 million NMTC allocation provides an exciting opportunity to leverage private investment and provide low-cost financing to advance community-focused real estate development projects, create jobs, and strengthen historically underserved areas throughout the City of New York.

  • NYCEDC and Hornblower Unveil Completion Of First Citywide Ferry Vessel Superstructure At Horizon Shipyard In Alabama

    Officials from Hornblower and NYCEDC toured the Horizon Shipyard facility and received an update on construction, which is on schedule, and inspected the first completed citywide ferry superstructure. Completion of the superstructure marks a significant milestone in what will become New York City’s first citywide ferry service and one of the largest commuter ferry operations in the United States.

  • NYCEDC, Borough President Katz and Council Member Richards Announce Next Steps in Expansion of Addabbo Family Health Center

    Supported by the de Blasio Administration, Borough President Katz, Council Member Donovan Richards, the U.S. Health Resources and Services Administration and other partners, the health center will expand its current 22,000 square foot facility to an adjacent City-owned parcel, where it will build over 20,000 square feet of new healthcare space. NYCEDC and the Addabbo Family Health Center recently closed on the sale of the long-vacant site.

On the Blog

Thanksgiving in New York City: Parade, Tourism & Shopping

 |  NYCEDC
The Macy's Thanksgiving Day Parade draws 3.5 million enthusiastic visitors to Manhattan, as well as roughly 50 million television viewers. Festivities held over the long weekend have enticed thousands of tourists to visit New York City, boosting business for the city’s 50,000 hospitality workers and 300,000 food and beverage service employees.

Resources

  • November 2016 Economic Snapshot

    Citi Bike is a wildly popular bike share program in New York City – but who exactly uses it, and why? This month, we merge into the bike lane and get the economic data on the city's cycling successes.

  • October 2016 Economic Snapshot

    This month, we explore the food distribution study—recently released by NYCEDC and the Mayor's Office—with experts from both the Center for Urban Innovation and Development. You won't want to miss this month's podcast!

Real Estate Development & Procurement


Futureworks NYC Website RFP

Last Updated

NYCEDC, on behalf of The City of New York, is issuing this Request for Proposals seeking web development services, including build-out and maintenance, for the Futureworks NYC website. Futureworks NYC is a program for advanced manufacturing entrepreneurs focused on developing a network of partnerships, services, and spaces. This website will equip business owners, aspiring entrepreneurs, investors, and governmental agencies with a trusted resource for workspace, program opportunities, and networking in New York City.

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