Manhattan

  • Corn Exchange Building
  • Applied Sciences NYC
  • Essex Crossing Development (Seward Park)
  • Inwood NYC Neighborhood Study

Borough Overview

While Manhattan is the smallest borough in terms of land area, it is the most densely populated with a population of 1.6 million. On business days, the influx of commuters increases that number to over 3.9 million. The borough includes influential and historic districts like the Harlem 125th Street District, Lower Manhattan, and the Garment District. With investments in programs like the Applied Sciences, big projects like Essex Crossing, and the neighborhood focus of Inwood NYCEDC is working to serve this incredibly diverse community. 

Projects

Project

Essex Crossing Development (Seward Park)

In September 2013, the City selected the Essex Crossing project to transform the Seward Park lots—the largest stretch of undeveloped City-owned land in Manhattan below 96th Street—into vibrant, mixed-use space in one of New York's most dynamic, diverse, and historic neighborhoods. The project will be developed by Delancey Street Associates LLC, a joint venture comprised of L+M Development Partners, BFC Partners, and Taconic Investment Partners.


Project

Corn Exchange Building

The Corn Exchange Building rehabilitation will preserve the landmarked building's historic façade while adding retail and office space.


Project

Applied Sciences NYC

For New York City, the establishment of top-tier applied sciences and engineering campuses is a once-in-a-generation opportunity to dramatically increase our potential for economic growth.


Project

Inwood NYC Neighborhood Study

NYCEDC, in partnership with City agencies and community stakeholders, is conducting a comprehensive neighborhood planning study in the Inwood neighborhood of Upper Manhattan. If you and/or a local Inwood community group that you are a member of or represent have questions about Inwood NYC and would like more information, please contact us at Inwood@edc.nyc. You can also send us an email to get on our mailing list and receive regular updates on the plan.


Project

Citywide Ferry Service

Beginning in 2017, Citywide Ferry Service will provide a new, affordable way to travel between waterfront communities throughout New York City.

Workspaces

Incubators and Coworking Spaces /  Wet Lab Spaces

Harlem Biospace

Last Updated

Harlem Biospace (Hb) is a new biotech incubator, the first of its kind in New York City, to offer affordable shared wet lab space for competitively-selected entrants.

Incubators and Coworking Spaces

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.

Programs

Financing

Job Creation and Retention Program

Last Updated

The Job Creation and Retention Program (“JCRP”) provides discretionary grant funds to eligible companies committing to create a minimum of 75 new jobs in Lower Manhattan as well as to firms making a commitment to retaining at least 200 Lower Manhattan jobs.


Tax Incentives

Lower Manhattan Relocation and Employment Assistance Program

Last Updated

This program offers a $3,000 per employee business tax credit for firms relocating jobs to Lower Manhattan. Businesses must also make improvements to the premise.


Fashion

NYC Fashion Fellows

Last Updated

NYC Fashion Fellows is a year-long fellowship program designed for rising stars in fashion management.

News

NEWS

Hudson Yards Development Already Transforming West Side

 |  Source: amNewYork

NEWS

Wider Ferry Service A Natural For NYC

 |  Source: AM New York

Harlem 125th Street

The Harlem 125th Street business district is poised to usher in a bright future for Harlem while celebrating the area's rich history.

NYCEDC Annual Review

The 2014 Annual Review captures the dynamic of NYCEDC’s vision to make New York City the global model for inclusive innovation and economic growth.