NYCEDC stimulates economic growth throughout New York City by encouraging and facilitating real estate development.  We utilize real estate to generate the maximum benefit for the City and its residents.

NYCEDC is responsible for the sale or lease of City-owned property for economic development purposes, specifically to create jobs and generate revenue.  We believe capitalizing on under-utilized City owned property is one of the best ways to catalyze area-wide development.

Since 2000, NYCEDC has garnered more that $1.7 billion in private sector investment and created more than 12,000 permanent jobs on the sale vacant sites throughout New York City.

NYCEDC Land Disposition Process
Learn more about the process NYCEDC follows when selling or leasing city-owned property.

Real Estate FAQs
Explore our responses to some of the frequently asked real estate questions we get at NYCEDC.

Development Notice Sign-Up
Sign up to receive notices about upcoming NYCEDC real estate development opportunities.