Industrial

Why NYC?

The industrial sector remains a cornerstone of the New York City economy and - representing 16% of all private sector employment - continues to be a vital source of well-paying jobs.

Industrial Desk

The Industrial Desk, housed in NYCEDC's Center for Economic Transformation (CET), was created in June 2011 to oversee the implementation of New York City's 22 initiatives to support the industrial sector, and to evaluate and coordinate City-wide industrial policy as delineated by the Bloomberg administration's 2005 Industrial Policy paper.

New York City's Industrial Policy (2005)

 

The Industrial Business Zone boundaries are being modified during the Summer of 2012. For more information please visit the Industrial Business Zone page. 

The New Industrial NYC

The City’s industrial sector is an integral part of the City’s economy that has faced serious challenges in recent decades, but now offers real opportunities for growth and development. New York City in particular offers unique location-based advantages for industrial activity, including a population of about 8.4 million, access to a large workforce and highly-skilled labor, and one of the nation’s busiest ports based on import volume. The City is committed to aggressively leverage these natural assets to promote innovation and entrepreneurialism to position the sector as a vital part of the 21st century economy.

Through discussions with the businesses and stakeholders and careful analysis, we have identified challenges facing the industry and developed innovative solutions to meet these challenges.

The resulting suite of 22 initiatives aim to reignite the sector and keep it a vital force in the City’s economy. The initiatives will result in:

  • Activating, modernizing and/or preserving up to 9 million square feet of industrial space
  • Creating and/or retaining up to 30,000 direct and indirect, industrial or industrial-driven jobs (on-going and construction) over the next 20 years
  • Generating over $150 million in gross, direct fiscal revenues for the City by 2021

Read the press release announcing the 2011 industrial sector initiatives.

Industrial Space

The City will help correct the shortage of suitable industrial real estate by creating, modernizing and preserving industrial spaces. The dynamics of industrial real estate have changed dramatically in the last 50 years. Whereas 20th century industrial businesses, for which most of our industrial real estate was built, required large footprint buildings, today's businesses are more nimble and are focused on accessing smaller, updated spaces. In addition to this shift in demand, the shortage of desirable industrial space is also aggravated by continued conversion of industrial space to higher revenue uses.

Initiatives for creating more suitable spaces for industrial businesses include:

  • Brooklyn Army Terminal (BAT) Low-Cost Space RFP
  • BAT Space Renovation Pilot Program
  • City Council/Admin. Industrial Space Modernization RFP
  • La Marqueta Food Manufacturing Step-up Space
  • Federal Building Redevelopment
  • Hunts Point Halleck Industrial Site Development RFP
  • Hunts Point Produce Market Redevelopment Commitment
  • Prioritizing Industrial Use in other City-Owned Site RFPs

Financing Resources

The City is committed to tailoring financing resources to the needs of today's industrial businesses by creating new financing tools and increasing access to existing funding programs. Initiatives for improving access to financing include:

  • NYCEDC Industrial Development Program (IDP)
  • Goldman Sachs NYC Food Manufacturing Fund
  • Industrial Development Authority (NYCIDA) Program Expansion
  • NYC SBS Incentives Consultation Practice
  • NYC Industrial Business Advisory Council
  • NYC Industrial Business Improvement Districts (IBIDs)

Entrepreneurial Support

As our industrial businesses evolve, so must the City resources serving them. Initiatives aimed at to better aligning City resources with the needs of industrial businesses include:

For more in-depth information on these programs, please view the PDFs on the sidebar of this page.

Industrial Business Zones

In 2005, the Bloomberg Administration designated the Industrial Business Zones (IBZs) to stabilize primarily industrial areas in the Bronx, Brooklyn, and Queens. Other areas, including in Staten Island, Manhattan and the Bronx, were designated Industrial Ombudsmen Areas. Both designations foster high-performing business districts by creating competitive advantages over locating in areas outside of New York City. The IBZs are supported by tax credits for relocating within them, zone-specific planning efforts, and direct business assistance from Industrial Providers of NYC Business Solutions Industrial and Transportation. In view of the purposes of IBZs, to foster industrial sector growth by creating real estate certainty, the Administration has stated that it will not support the rezoning of these areas for residential use. Please click the links below to view the boundaries of Industrial Business Zones and Industrial Ombudsman Areas (combined with tax blocks and lots, when applicable).

 

The Industrial Business Zone boundaries are being modified during the Summer of 2012. For more information please visit the Industrial Business Zone page. 

Industrial Providers

NYC Business Solutions Industrial & Transportation is a set of services offered by the Department of Small Business Services to help manufacturing, construction, transportation and wholesale businesses operate and expand in New York City. In order to provide the most tailored support, each IBZ has a specific service provider assigned to cover it.

Whether you’re a small business owner who needs a loan to purchase new equipment, a manufacturer looking for quality production or supervisory staff, or a growing company that needs licensed drivers, NYC Business Solutions Industrial & Transportation can work for you—for free. Their services include: Financing assistance, Recruitment, Incentives Assistance in navigating government, Training, M/WBE certification, Business courses, Legal assistance, Selling to government, and Reaching new customers.

Their teams are located across all five Boroughs and has the industry experience and resources to address the challenges you face. To learn which Industrial Provider serves your geographic location, please visit NYC Business Solutions Industrial & Transportation.

City-Administered Industrial Business Incentives

New York City industrial firms may be eligible for a variety of tax incentives, financing tools and workforce development programs. These incentives range from energy savings and real estate to job creation and business relocation.

To see which financing and incentives opportunities are appropriate for your business, please visit NYCEDC's Financing and Incentives page. For an overview of the many incentives for all of New York City's small businesses, please visit NYC Business Solutions Incentives overview.

News & Updates

Programs

Success Stories

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    Find out about the Hot Bread Kitchen Incubator Program and how Diana Scot-Sho, Incubator Program entrepreneur made it here – in New York City.

  • ACME Smoked Fish Corp.

    Find out about the Caslow family--four generations of pride, success, and ownership of Acme Smoked Fish--and how they grew and made it here, in New York City.

  • Mondial Automotive Inc.

    Find out about a true immigrant entrepreneur success story. With the help of NYCEDC and NYCIDA, the Kaldawy family, founders of Mondial Automotive, was able to stay in Queens, grow their business and make it here, in New York City.

  • Julia Gray, Ltd.

    With the help of IDA, Julia Gray, Ltd. was able to purchase a larger facility in Long Island City, keeping jobs within the community and revenue in New York City.

  • Shine Electronics Co, Inc.

    Discover how Shine Electronics was able to maintain, renovate, and expand its Long Island City facility, while creating new jobs and generating increased revenues.

  • Panorama Windows

    With the help of NYCIDA, Panorama was able to purchase and renovate an abandoned, rundown street sweeping garage in order to expand and improve their business.

  • Prestone Press, LLC and Prestone Printing Company Inc.

    With the help of New York City Industrial Development Agency, Prestone Printing relocated to Long Island City into a building that met their cost and space needs.

  • Pepsi-Cola Bottling Company of New York

    Pepsi sought to solidify its position in New York City by undertaking two signature projects: the construction of a 214,000-square-foot, state-of-the-art distribution facility and the acquisition and renovation of a leased facility in Maspeth, Queens.

  • American Security Systems

    American Security Systems received assistance through NYCIDA's Industrial Incentives Program, which has allowed the company to increase its roster of employees from 40 to 60 over the past four years, all while remaining in New York City.

  • Remains Lighting

    With the support from NYCIDA’s Industrial Incentives Program, Remains Lighting, a maker of high-end chandeliers and other lighting devices, was able to purchase and renovate a manufacturing facility in Bushwick, Brooklyn in accordance with its long-standing commitment to energy efficiency and environmental preservation.

  • Anheuser Busch

    NYCEDC selected Anheuser-Busch to develop a facility in Hunts Point which created jobs and contributed to the creation of public open space and environmental impact reduction.

  • Bowne and Company

    NYCEDC supported Bowne & Co.’s move into a new 200,000 square foot Downtown Manhattan office space at 55 Water Street.

  • The Madelaine Chocolate Company

    With the help of NYCIDA's tax abatement and exemption programs, The Madelaine Chocolate Company was able to remain in New York City and build a new 60,000-square-foot building, contiguous to its current facilities in Rockaway Beach.

Incubators & Workspaces

  • Incubators ›

    HBK Incubates

    Last Updated

    The City invested in an approximately 4,000-square-foot commercial kitchen in East Harlem’s La Marqueta. The facility provides shared workspace for up to 40 food manufacturing startups and expanding food businesses.

  • Incubators ›

    Entrepreneur Space

    Last Updated

    Entrepreneur Space is a City-sponsored business incubator in Queens to help food-related and general business start-ups across New York City.

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