Careers
Searching for a rewarding career in NYC? There could be a position waiting for you at NYCEDC. ›
NYCEDC has Compliance specialists to work with NYCEDC, NYCIDA and NYCCRC clients who benefit from our financial programs and/or loans. To receive benefits, our clients have agreed to regularly report specific details about their organizations. We collect this information to help them remain in good standing.
Many NYCIDA Agreements, NYCEDC Contracts of Sale or NYCCRC Loan Agreements require our clients to report specific information that may include insurance, employment and benefits information. Below you will find common compliance reporting forms.
NYCEDC's Online Reporting System
It's that time of year again - Annual Employment & Benefits Reports are due!
Login to our Online Reporting System
Forgot your username and passsword? Please contact ComplianceReporting@nycedc.com or call 212-312-3963 and we will have your login information resent to you.
To view a tutorial on how to navigate through NYCEDC's Online Reporting System please click below:
NYCEDC's Online Reporting System Tutorial
How to Enroll in NYCEDC's Online Reporting System
Our online service to makes it easier and more convenient for you to meet your employment reporting requirements. This new service also allows you to benefit from:
- 24 hour document submission and access to project information
- All of your outstanding employment documents and notifications located in one convenient place
- Go paperless. Get email reminders when your employment documents are due and have no more bothersome letters to open
In order to enroll in our new online service, the Authorized Representative of the Company must return the form below to us. An Authorized Representative is a Principal, Officer or Director able to act on behalf of the Company as defined in your Agreement. We will notify you via email once we have created a Certifier account for you. The Certifier will then be able to create Preparer accounts to help with the document submission process.
We are available to help answer any questions you have about our new online service. Please contact the Compliance department by phone at 212-312-3963 or email ComplianceReporting@nycedc.com.
Online Certifier Authorization Form
Employment & Benefits Report
Each year, our clients are required by City and State legislation to report certain employment and benefit utilization.
The Employment & Benefits Report forms are required only for existing projects with NYCEDC, NYCIDA (via Contacts of Sale or Lease, Installment Sale and/or Project Agreements, respectively) or NYCCRC. If you are a prospective vendor or contractor these forms are not required.
Each Employment & Benefits Report PDF below includes:
- An editable Employment & Benefits Report form
- Detailed instructions
Please fill out the Employment and Benefits Report(s) that corresponds with the Agreement you have. If you are not sure which forms you should fill out please send an email to ComplianceReporting@nycedc.com.
FY2011 NYCIDA Employment & Benefits Forms
FY2011 NYCIDA Employment & Benefits Report
FY2011 NYCIDA Certificate of Interest Rate Swap
Note: Only projects receiving bond financing from NYCIDA are required to complete the Certificate of Interest Rate Swap Form.
FY2011 NYCEDC Employment & Benefits Forms
FY2011 NYCEDC Employment & Benefits Report
FY2011 NYCCRC Employment & Benefits Forms
FY2011 NYCCRC Employment & Benefits Report
FY2011 NYCCRC Certificate of Interest Rate Swap
Note: Only projects receiving bond financing from NYCCRC are required to complete the Certificate of Interest Rate Swap Form.
Sample Documents
To better serve you, we have provided samples of necessary documents that must be returned with the Employment and Benefits Report.
Note: Only the summary page of the NYS-45 is necessary when returning E&B reports.
Subtenancy Occupancy
On an annual basis, our clients are required to report certain information relating to subtenants to NYCIDA and NYCCRC by completing the Subtenant Occupancy Survey.
The Subtenant Occupancy Survey is required only for existing projects with NYCIDA and NYCCRC projects closed after 7/1/2010 (via Installment Sale and/or Lease Agreements, or Loan Agreements, respectively).
The Subtenant Occupancy Survey PDF below includes:
- An editable Subtenant Occupancy Survey
- Detailed instructions
- Sample company information
Please email completed Subtenant Occupancy Surveys to ComplianceReporting@nycedc.com or fax to (212) 618.5738 no later than February 1, 2012.
NYCIDA Subtenant Occupancy Survey
NYCCRC Subtenant Occupancy Survey
Subtenant Occupancy Application Letter
Subtenants at an eligible project location must be approved first by the New York City Industrial Development Agency (NYCIDA) prior to entering into any sublease. Please complete the following application for any subtenants you are contemplating. If you have existing tenants that were not authorized yet, please still complete this application. We will reach out to you.
Subtenant Occupancy Application
Scholarship Certificate
Annual filing of Scholarship Certificates are required by certain private schools with NYCIDA agreements. In addition to providing summary information about the number of scholarships provided to New York City residents and a detailed list of each scholarship provided, the schools must also provide information about "school sharing" with public schools, community service programs, and confirm that they are currently registered with the New York State Department of Education.
2010-2011 Annual Scholarship Certificate
ST-60 "IDA Appointment of Project or Agent"
In order for a Project Company to receive a Letter of Authorization of Sales and Use Tax Exemption (the "Sales Tax Letter"), certain requirements must be met in order for purchases to be exempt from sales tax. A memorandum, which explains the requirements and procedures of using the "Letter of Sales Tax Exemption" and the subsequent appointment of Agents by the Company is available for download. In addition, the ST-60 "IDA Appointment of Project or Agent" Form is accessible for download as well. For more information on the ST-60, visit the New York State Department of Taxation and Finance. Any entity making purchases on the Company's behalf (contractors, subcontractors, vendors) using the New York City Industrial Development Agency Sales Tax Letter must complete and submit this form.
ST-340 "Annual Report of Sales and Use Tax Exemptions"
The General Municipal Law (GML) and the Public Authorities Law require the project companies of an Industrial Development Agency (IDA) to file an annual report of Sales and Use Tax Exemptions (Form ST-340) with the New York State Department of Taxation and Finance (NYSDOTF). All IDA project companies whose Letter of Sales Tax Exemption was valid at any time during the past calendar year (January 1- December 31) must file this form. Only the project companies appointed by the IDA must file the Form ST-340. Contractors, subcontractors, consultants, or agents appointed by the agent/project company should not themselves file Form ST-340.
The report must show the total value of all state and local sales and uses taxes exempted during the calendar year. You must file Form ST-340 on a calendar-year basis. It is due to the NYSDOTF on the last day in February. The original form (wet signature) must be sent to the NYSDOTF and a copy must be sent to the NYCIDA Compliance Department. The form and instructions are available for download below. Please email completed forms to ComplianceReporting@nycedc.com or fax to (212) 618.5738.