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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:

New York City 2.0

 |  NYCEDC

digital nyc

New York City has the fastest growing start-up scene in the world.

Nearly 300,000 New Yorkers work in the innovation economy, with employment growing at 7.6% per year—faster than almost any other sector. Over three billion dollars of venture capital have flowed into the New York City area over the last four quarters alone, contributing to what’s already a $156 billion tech economy.

Of course, the true success of our tech sector extends beyond the numbers and into the manifestation of a vibrant ecosystem. Anyone entering the NYC tech scene...

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NYC Tech, Digital.NYC

3D Hubs Moves to NYC

 |  NYCEDC

logo

The 3D printing global market is expected to grow 500% in the next five years.

This year, the sector is forecast to generate $3.8 billion globally. And while we won’t all be printing mugs from home factories tomorrow, Bram de Zwart does believe that 3D printing hubs around the world will be able to bring manufacturing to everyone's neighborhood. In fact, the 3D-printing-lab-next-door is already becoming a reality thanks in part to his startup, 3D Hubs.

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Progress at Bush Terminal Piers Park

 |  NYCEDC

bush terminal sign

UPDATE: October 27, 2014

Great news! NYSDEC has approved our site management plan, and we have executed an MOU with the Parks Department. Happy to hear that our partners at Parks are planning an opening day in early November. Stay tuned for updates later this week with more information about the grand opening!


October 7, 2014 

Following completion of the Bush Terminal Piers Park construction in August, NYCEDC submitted the paperwork requested by the New York State Department of Environmental Conservation (NYSDEC) for review and...

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In The Spotlight: Esther Tsvayg, NYC Generation Tech

 |  NYCEDC

opus deblasio

NYC Generation Tech is a tech-entrepreneurship program that provides hands-on learning experiences and mentorship opportunities for New York City high school students interested in transforming the world through tech-based innovations. 

Launched by NYCEDC in partnership with the Network for Teaching Entrepreneurship (NFTE) in 2012, NYC GenTech has had a fantastic year. After a successful Demo Night in September, 2014 NYC GenTech participants received a tour of City Hall—and even shook hands with Mayor de Blasio!...

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The Solar Alternative

 |  NYCEDC

grid alternatives

Installing a Solar Photovoltaic System with Grid Alternatives. Photo by Stacy Lee, OLTPS

By Luke Clause, Senior Project Manager, Center for Economic Transformation

Earlier this month, members of NYCEDC’s Clean Technology and Energy Team helped install a solar photovoltaic (PV) system on a home in Far Rockaway through Grid Alternatives, the nation's largest nonprofit solar contractor.

Grid Alternatives is a nonprofit organization that installs clean, cost-saving solar electric systems exclusively for low-income families at no cost, with help from various...

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A Taste of Essex Street Market: Essex Farm

 |  NYCEDC

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.

This week, we ventured into Essex Farm, a grocery store inside the market that offers a wide array of high-quality fresh produce including fruit, herbs, and...hot sauce!

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NYC Point of View: Alexandra Silversmith

 |  NYCEDC

"As a native New Yorker and Brooklynite, I still find myself in awe of the city."

Alexandra Silversmith is an avid shutterbug, frequently posting photographic gems, big and small, from her adventures around the city on her personal Instagram. From August to September, Alexandra served as NYCEDC's Instagram Ambassador, posting several times a week to our account.

As a project manager in our Development Department (and resident Coney Island expert), Alexandra Silversmith serves as a liaison for local...

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Taste of Essex Street Market: Pain d'Avignon

 |  NYCEDC

pain d avignon

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.

At Pain d'Avignon, bread is made the old-fashioned way.

Step in and you'll see that this cozy, warmly lit shop at Essex Street Market is no ordinary bakery or boulangerie, as the owners would like to call it.

The three owners of

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Rising to the Challenge

 |  NYCEDC

RISE blogAt this week’s Technology Demo Night, set against the stunning backdrop at the New York Academy of Sciences, companies demonstrated exactly how they would protect communities and small businesses from future storms.

A few weeks ago, at the start of Climate Week, Mayor de Blasio committed New York City to a bold new goal: reducing carbon emissions 80% by the year 2050. Through the new plan, “One City: Built to Last," the City will work to...

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RISE NYC, Resiliency

2014 NYC Development Finance Conference Registration Is Open

 |  NYCEDC

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What does innovative development look like for communities across the 5 boroughs?

On Wednesday, November 5, get inspired at the 2014 Development Finance Conference. Held at the stunning Four World Trade Center, top industry experts from government, real estate, not-for-profits, finance, law, and business will present insights and share experience on using development finance tools to enable...

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