News & Press

  • NYCEDC Releases Against All Odds: Transforming 42nd Street

    New York, NY –New York City Economic Development Corporation (NYCEDC) released Against All Odds: Transforming 42nd Street. The 30-minute documentary film chronicles the revitalization of 42nd Street in Times Square, one of the most successful economic development projects in the City’s history. The release of the film comes as redevelopment of the historic Times Square Theater kicks off, the last to be developed after almost 30 years of inactivity.


    Mayor Bill de Blasio and Governor Andrew M. Cuomo today announced the formation of a Community Advisory Committee (CAC) to share information and solicit ongoing community input about Amazon’s planned headquarters project in Long Island City, Queens. Members of the CAC will work through three subcommittees to develop plans for the headquarters and onsite public amenities, investments in neighborhood infrastructure to benefit the surrounding communities, and training and hiring programs to ensure that homegrown talent fills the 25,000 to 40,000 new jobs at the headquarters.

On the Blog

Meet Sascha Eder, IN2NYC Entrepreneur

Applications for the fourth round of the International Innovators Initiative (IN2NYC) open today. IN2NYC is a City-led program that helps international entrepreneurs build their businesses in NYC by facilitating collaborative partnerships that qualify entrepreneurs for cap-exempt H-1B visas.


  • Economic Snapshot - Volume 11, 2018

    Employment in NYC reaches record highs in 2018, Broadway revenue continues to rise, and more.

  • PortNYC

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    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

Building Acquisition, Garment Center, Manhattan RFEI

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New York City Economic Development Corporation (“NYCEDC”) on behalf of the City of New York (the “City”) is proposing to make available up to twenty million dollars in City funding to fund a portion of the acquisition cost of a proposed building in the Garment Center district in Manhattan - the historic hub of garment manufacturing in New York City. This initiative represents one prong of the City’s effort to preserve and strengthen fashion manufacturing in the Garment Center as a vital anchor of the City’s world-class fashion industry.

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Life Sciences R&D RFP

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New York City Economic Development Corporation (NYCEDC) is seeking one or more organizations to develop and operate critical facilities and/or equipment to support commercialization of life sciences R&D activity in the field of therapeutics.

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