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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:

NYC-Paris Business Exchange



By Amir Beshay, Project Manager, International Desk, Center for Economic Transformation

Paris is famous for being one of the world's top destinations for cuisine, art, and culture.

As the home of the Louvre, Eiffel Tower, and over 75 Michelin Star restaurants, the City of Lights certainly ranks near the top of destination-worthy spots.

In addition to its beauty, Paris also touts a vibrant economy, a growing tech ecosystem, and an entrepreneurial community that is among the best in Europe and the world.

For all these reasons and more (which you can read about

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World to NYC Alum EV Box Brings Electric Vehicle Charging to North America


ev box_blog

Will Electric Cars Take Over The Streets of New York City Soon?

Dutch electric vehicle charging company EV-Box bets that they will, predicting that 100,000 electric vehicles will be in the Northeast within the next three years.

And by the looks of the company’s explosive growth, those vehicles will have more places to charge up before hitting the road.

Instead of filling up at gas stations, Electric Vehicles (EV) plug into the grid just like any other appliance. This requires the installation of charging points equipped with...

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Thinking Ahead: How Reducing Energy In Buildings Is Good For The Environment And Your Wallet


nyc real estate tech week 2015

This post is part of NYCEDC’s Thinking Ahead series, which features editorials from New York City leaders and influencers across key sectors and neighborhoods to foster dialogue around the issues impacting our city. 

Zach Aarons is co-founder and advisor of MetaProp NYC, a real estate technology accelerator that brings together the brightest minds in real estate and technology to help quickly build our industry’s most promising young companies. 

This week, NYCEDC has partnered with MetaProp NYC...

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Thinking Ahead

October Economic Snapshot: Farmers' Markets in New York City



By Kristina Pecorelli, Assistant Vice President, Economic and Research Analysis 

Farmers’ markets are a mainstay in many NYC neighborhoods, but that wasn’t always the case.

In 2006, there were just 80 farmers’ markets scattered throughout the five boroughs; today, that number is roughly double.

GrowNYC’s Greenmarket program operates approximately half of...

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Economic Data, Food

Rising to the Challenge: Go Electric


Go Electric has developed a system of round-the-clock power supply monitoring to eliminate surprise power interruptions.

Superstorm Sandy highlighted the vulnerability of New York City’s energy infrastructure, leaving millions without power and bringing the city to a grinding halt.

Without power, small businesses suffered greatly: servers went down, refrigeration systems turned off, and fuel station pumps were rendered useless. In the aftermath, it became clear that in order to increase energy resilience, small businesses needed to decrease their reliance on the grid.

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RISE NYC, Resiliency

Envisioning The Future Together With NYC Communities


inwood nyc future

No matter what neighborhood you live in, we are in your community, listening to your voice.

Over the past few weeks, NYCEDC has been spending more time on the ground, speaking directly to communities to develop new neighborhood strategies.

Engaging with local residents is critical to the way we plan and implement future projects. After all, New Yorkers know best what their neighborhoods need. That’s why we’re getting input on priorities from the people who actually live, work, and play in neighborhoods all across the city.

This bottom-up approach to...

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Spotlight on 2015 NYC GenTech Winners: RIME


2015 gentech group

Challenging. Eye-opening. Life-changing.

These are the words high-schoolers use to describe NYC GenTech, a tech-entrepreneurship summer program for students in lower-income communities across all five boroughs. GenTech provides hands-on learning experiences and mentorship opportunities for NYC’s budding entrepreneurs.

On September 17th, NYC GenTech finished off its 4th year with a standing-room only Demo Night.

Three finalist teams pitched their mobile apps and socially-minded...

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Get Wacky At The 2015 World Maker Faire


world maker faire 2014

It's an exciting week for anyone interested in learning to fix and create things in New York City. Maker Faire is here!

Maker Faire is the week that hackers, designers, roboticists, wearable fashionistas, programmers, creators, burners, forever learners, and the endlessly curious wait for all year long.

This weekend, World Maker Faire will make its presence known at the New York Hall of Science to showcase some of the most interesting, wacky, creative inventions around.

Visit New York's Next Top Makers Booth 

On Saturday, September 26th and Sunday,...

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Next Top Maker

3 Ways To Build an Inclusive, Equitable Model of Economic Opportunity


nyc fog stock

By Alysa Hannon, Senior Project Manager, Center for Economic Transformation's Social Capital Desk

How do cities build a new urban practice?

On September 16, NYCEDC staff gathered for a discussion on this very question as part of our Policy to Practice Speaker Series featuring Ben Hecht, President and CEO of Living Cities. The event was organized by NYCEDC's Social Capital Desk and Chief Diversity and Innovation Officer Valerie Kennedy.

Hecht shared insights on innovative urban practices across the U.S. that are...

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Social Capital

September Economic Snapshot: Fashion Manufacturing in NYC


By Kimberley Grauer, Project Manager, Economic and Research Analysis 

New York Fashion Week Fall 2015 may be over, but the impact of living in one of the epicenters of the global fashion world is felt year-round.

In the September 2015 Economic Snapshot, we look at one portion of the NYC fashion industry: manufacturing.  

In 2014, fashion manufacturing employed approximately 22,210 workers in NYC, equivalent to 12% of the fashion industry and 30% of the manufacturing industry.

As seen in Figure I...

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