News & Press

  • NYCEDC Awards $1.2 M to NYC Based Biotechnology Firm HiberCell

    New York City Economic Development Corporation (NYCEDC) and HiberCell, a New York City based life sciences company focused on developing therapeutics for preventing cancer relapse announced the completion of the first NYC Early Stage Life Sciences Fund transaction.

  • NYCEDC and CIV:LAB Launch: The Grid

    New York City Economic Development Corporation (NYCEDC) and CIV:LAB, a global nonprofit dedicated to connecting urban innovation ecosystems around the world, today launched The Grid, a unique network for New York City’s urban tech community, consisting of over 70 organizations from various sectors to share ideas, build new partnerships, and offer key resources needed for sector growth.

On the Blog

On the Sunnyside Yard, Part 4: A History

Over the next 18 months, the City and Amtrak are engaging in a master planning process to explore the future of Sunnyside Yard in western Queens. This is the fourth installment in a blog series about the yard, its history, and the master planning process itself.


  • Economic Snapshot - Volume 1, 2019

    Unemployment remained at a record low for the fourth consecutive month, rent hikes exceeded home price inflation for the first time in two years, and more.

  • PortNYC

    Last Updated

    PortNYC facilities include marine cargo terminals, rail facilities, cruise terminals, ferry landings, and heliports within the five boroughs of the City of New York.

Real Estate Development & Procurement


Last Updated

New York City Economic Development Corporation on behalf of The City of New York is requesting responses from parties wanting to purchase tidal wetland mitigation credits from the City’s first wetland mitigation bank, the Saw Mill Creek Pilot Wetland Mitigation Bank. The Saw Mill Creek Pilot Wetland Mitigation Bank is a mechanism that provides compensatory mitigation through the sale of Credits to applicants in the waterfront permitting process.

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