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NYCEDC

By fostering economic growth and developing programs that help businesses and entire business sectors achieve success, we strengthen the City. Our work helps create jobs and positions New York City for future growth while improving the quality of life. We make the City stronger.

Blog Posts by NYCEDC:

August Economic Snapshot: Employment and Establishment Growth by Borough

 |  NYCEDC

New York City has seen solid job and establishment growth across all five boroughs in the last decade. 

Manhattan is still home to the greatest share of the city's total jobs. But with significant growth outside of Manhattan, particularly in Brooklyn, the other four boroughs combined now hold a slim majority of City establishments (51%).

Our August Economic Snapshot examines the industries driving employment and establishment growth in NYC. As seen below, Accommodation and Food Services, Retail Trade, and Health Care and Social Assistance sectors are strong employment drivers...

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Making the Next Generation of Scientists

 |  NYCEDC

Dr Aaron Kyle

Photo Credit: Tim Lee

Experiential laboratories are changing the way New York students learn science.

Dr. Aaron Kyle initially went into engineering because he preferred working with machines over people. But a few years into his grad program at Purdue University, Dr. Kyle started teaching undergraduate courses and found that he actually loved working with students.

“It was the most exciting thing I did in grad school,” he said. “After meeting my wife, of course.”

Today, Dr. Kyle directs the

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Meet Fayola Fair, NYCEDC's Summer PENCIL Fellow

 |  NYCEDC

By Richard Solomon, Associate Creative Director at NYCEDC

Yes, our summer intern, Fayola Fair, is a PENCIL.

And she's about to be a senior at Brooklyn Latin School. Fayola worked with NYCEDC this summer as a fellow through PENCIL, an organization that places outstanding high school students at various New York City businesses to prepare them for life in the workplace.

The PENCIL fellowship program's admission process is extensive. First, there is a PENCIL application, then the call for an interview. For Fayola, part of this was a mock interview for a fictional...

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A Taste of Essex Street Market: Ni Japanese Delicacies

 |  NYCEDC

ni japanese

A historic culinary destination on the Lower East Side, Essex Street Market is home to more than 20 independent merchants. This series features the characters that make up the bustling corner of Delancey and Essex Street.

Atsushi Numata first wandered into Essex Street Market on a trip from Japan in the 1980s.

It was a different place then. "The Army/Navy store was selling switchblades," Atsushi remembers. "There were bootlegged bags and shoes."

Little did he know that the market would transform into a central...

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A Taste of Essex Street Market: New Star Fish Market

 |  NYCEDC

fish market

A historic culinary destination on the Lower East Side, Essex Street Market is home to more than 20 independent merchants. This series features the characters that make up the bustling corner of Delancey and Essex Street.

Since 1993, New Star Fish Market has been serving all varieties of fish at Essex Street Market.

Clams, scallops, lobsters, squid—you name it! New Star Fish Market is one of the market's oldest vendors, selling quality fish cut and cleaned to order.

We spoke with owner Jae Suh...

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Making It Here Tour Recap: Edison Price Lighting Factory

 |  NYCEDC

 steel

by Brendan Crain, Open House New York Program Director, and Michael Josephs, NYCEDC intern

“Our niche is people who want quality lighting that will last a long time,” explained Emma Price, President of Edison Price Lighting, when asked about her company’s specialty.

Established in 1952, Edison Price Lighting has over 60 years of experience designing and manufacturing high-quality, energy-efficient lighting fixtures at their factory in Long Island City, Queens, in the shadow of the Queensboro Bridge. The company has...

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NYC Point of View: Darryl Zuk

 |  NYCEDC

1 world trade

"Different street grids come together and you get a sense of how NYC has developed and expanded over time."

According to Darryl Zuk, that's what the city looks like from 104 floors above. Twice now, Darryl has traveled 1,776 feet to the top floor of the newly built One World Trade Center—currently the tallest building in the Western Hemisphere—for a symbolic and awe-inspiring view of the city.

As a project manager in our Capital department, Darryl has worked on some of our most exciting construction projects around the city for nearly two years. In addition to his design and...

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Neighborhood Spotlight: Hunts Point Markets

 |  NYCEDC

hunts point

By Kevin McCaffrey, Economics Research and Analysis Project Manager

Ever wondered where food in New York City comes from? Much of the answer lies in a peninsula in the South Bronx called Hunts Point.

Hunts Point is a peninsula in the South Bronx that juts out into the East River, east of Morrisania and across the river from La Guardia Airport and Rikers Island. Most of the peninsula serves industrial uses, though it includes some residential areas as well.

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2014 NYC Fashion Career Week

 |  NYCEDC

panel

Social Media and Technology Panel at NYC Fashion Career Week (l-r): Tom Handley, Franky Arriola, Rachel Silver, Aliza Licht, and Elizabeth Cannon; Photo Credit: Lior Tamin

By Andrea Kramar, Fellow, Industry Transformation Team at the Center for Economic Transformation

Explore. Learn. Prepare. Connect. 

Such was the mantra guiding New York City fashion enthusiasts at the first-ever NYC Fashion Career Week. From July 17th - 21st, over 350 individuals packed the halls of

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RISE : NYC Finalist Spotlight: NYC Daylighting

 |  NYCEDC

rockaway flooding

Imagine if a power outage didn't automatically mean darkness.

Among the technologies being considered to help prepare New York City for future storms is one that is deceptively simple: daylighting, or using sunlight to illuminate buildings so that New Yorkers can get back to work more quickly.

Hurricane Sandy not only ravaged waterfront communities and homes across the City, it also damaged more than 20,000 small businesses. In some cases, businesses had to close for weeks or months to get back on their feet.  

Since the storm, the City has worked to ensure that recovery means more than...

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