News & Press

  • NYCEDC, Council Member Treyger & Borough President Adams Secure Long-Term Funding for Free Community Concerts in Coney Island

    New York Economic Development Corporation (NYCEDC), Council Member Mark Treyger and Brooklyn Borough President Eric L. Adams today announced that they have secured sustainable funding to host free community concerts at the Ford Amphitheater and Seaside Park in Coney Island. In partnership with the City Parks Foundation, iStar will provide $600,000 per year through 2025 to support free summer concerts for the Coney Island community.

  • Mayor de Blasio Announces Resiliency Plan to Protect Lower Manhattan from Climate Change

    Mayor de Blasio today released findings of a study that determined the City’s comprehensive strategy for the Lower Manhattan Coastal Resiliency (LMCR) project. The study evaluated dozens of adaptation measures and identified a set of strategies to build resilience in Lower Manhattan. The recommendations include developing a plan to extend the Manhattan shoreline into the East River to protect the low-lying and highly constrained Seaport and Financial District area. In addition, the city will advance $500 million for four capital projects to reinforce Lower Manhattan’s coastal areas and provide interim flood protections for the Seaport, parts of the Financial District and Two Bridges neighborhoods, to begin construction between 2019 and 2021.

On the Blog

ConstructNYC Applications Open

A proven game-changer for independent construction firms, ConstructNYC is once again accepting applications for firms to work on city projects. Interested companies should apply now to prequalify for the program.


  • 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

Hunts Point Marine Terminal RFP

Last Updated

New York City Economic Development Corporation (NYCEDC) is seeking responses from qualified private entities interested in developing and operating a dedicated barge service and marine terminal in New York Harbor, serving the Bronx’s Hunts Point peninsula. NYCEDC seeks to activate a barge service to achieve the City’s goals of creating good-paying maritime industrial jobs, reducing NYC’s over-reliance on trucks to move freight, and improving air quality, particularly for residents in the South Bronx. The service will provide a critical, reliable, and environmentally friendly alternative to moving goods by truck on area highways. The service may move domestic trucks, palletized cargo, or international containerized cargo. The development of the Hunts Point site may either anchor as a destination for a point to point operation from a local port facility, or operate as a stop on a regional service, utilizing the existing USDOT American Marine Highway barge network along the North Atlantic coastline.

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