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by Kevin McCaffrey, Economics Research and Analysis Project Manager
Is Madison Avenue still in New York?
Our most recent Industry Trends & Insights report explores advertising in New York City. This new report, which discusses the City’s role in the advertising industry, focuses on employment, establishments, wages, and industry trends such as consolidation,...Read More
We are thrilled to announce three exciting biotech initiatives that will help cement New York City's position as a destination for early-stage life science companies.
Harlem Biospace is the first city-backed incubator that supports early-stage NYC biotech companies. Since opening in November, it has contributed to an ongoing economic revitalization in Harlem. So far, sixteen promising biotech companies have taken up residency. Their work in cutting-edge technologies range from personalized diagnostics to new drugs that treate prostate, lung, and other cancers.
We talked...Read More
This Saturday, November 30 is Small Business Saturday, a day dedicated to supporting small businesses across the country. Founded by American Express in 2010, this day is celebrated every year on the Saturday after Thanksgiving as an incentive for customers to "shop small." This year, American Express cardholders are being offered $10 back when they spend at least $10 at qualifying merchants.
National Impact: Since...Read More
What’s your vision for the East and South Shores of Staten Island?
NYCEDC is looking for proposals that include amenities, events, development, open space improvements, services, and designs to better activate the public beachfronts, parks, open spaces, trails, and historic buildings of Staten Island's East and South Shores. Ideas that can be implemented by early summer 2014 are strongly encouraged, as well as concepts focused on a more long-term or comprehensive vision.
Our goal for the Staten Island Beachfront is:
Last night's second annual Take the H.E.L.M.: Hire + Expand in Lower Manhattan awards ceremony at Goldman Sachs headquarters celebrated the resilience of Lower Manhattan, which has witnessed incredible growth since 9/11.
The Take the H.E.L.M. competition seeks to bring startups, as well as creative and technology companies from around the world, across the country, and throughout New York City to Lower Manhattan in order to encourage growth and diversify the area’s economy. With over 600 tech companies now based in...Read More
Yesterday, Mayor Bloomberg announced Carnegie Mellon University (CMU) as the newest partner in the Applied Sciences NYC initiative, which seeks to to build or expand world-class applied sciences and engineering campuses in New York City. Carnegie Mellon University is the fourth higher learning institution to join the Applied Sciences Initiative and the first to focus on the intersection of arts and technology. Carnegie Mellon's Integrative Media Program will open at Brooklyn Navy Yard's Steiner Studios in 2015.
The program will diversity...Read More
Immigrants have long been an integral part of New York City. With more than 3 million foreign-born residents and over 40,000 international students, New York City has been called the "most immigrant-friendly city in the world."
This month's Economic Snapshot reveals that the New York metropolitan region is home to more international students than any other metropolitan region in the U.S., making it a hub for foreign talent.
Some of the interesting trends revealed in the report:
Over 1500 people packed into New York City's Metropolitan Pavilion last Thursday for Wakefield's Uncubed conference. The tech gathering—part career fair, part thought exchange among tech leaders—featured top NYC startups such as Tumblr, Meetup, and (you guessed it) NYCEDC's Tech Talent Draft.
At the event, Executive Vice President of the Center for Economic Transformation (CET) Eric Gertler spoke briefly about the tech and entrepreneurship opportunities available in New York City. Tech's...Read More
Our latest roundup of NYCEDC's Request for Proposals (RFPs) includes properties in Brooklyn and Queens. Basic information is listed below but more details can be found by downloading the actual RFPs.
Requesting: An individual, company, or organization to develop, operate, and maintain an incubator space. A food-use related incubator program, such as food manufacturing, storage,...Read More