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Coming or Going? NYC Migration Ins and Outs

 |  NYCEDC

Grand Central Terminal

Each year, thousands of people arrive in New York City and settle here, and thousands of people leave.

By many metrics, New York City’s economy is as healthy as ever. There are more jobs in the city than at any time in history, and the unemployment rate has fallen to historically low levels. Yet this success doesn’t mean that the city will keep all of its residents. So, are more people coming or going?

New York City has a negative net domestic migration rate. Translation: more people leave one of the city’s five counties than move in. What’s more, that trend has accelerated in recent years, from a rate of -0.2%...

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Economic Data

New Yorkers and Their Cars

 |  NYCEDC

The New York International Auto Show runs from March 30 to April 8, which got us thinking about the car culture (or lack thereof) in New York City.

According to recent census estimates,[1] almost 1.4 million households in New York City own a car compared to 3.1 million total households. This means 45 percent of all households in the city own a car (and almost 3 percent that own three or more!). Ownership is lowest in Manhattan, where only 22 percent of households own a car, while ownership is highest in Staten Island where cars are owned by 83 percent of all households. Queens (62 percent) is also above the city average, while the Bronx (40...

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Economic Data

If I’d Only Known: 3 Tips for Success in the Workplace

 |  NYCEDC

In honor of Women’s History Month, NYCEDC is highlighting the wisdom of three of its own.

We asked Nicole Ackerina, Nikita Sharma, and Tiffany-Ann Taylor what advice they wished they’d received when they were first starting out in the workplace. The women, all members of the organization’s Women’s Leadership Group, quickly agreed on some themes.

Always Ask

Nikita Sharma, a project manager for NYCEDC’s Capital program, remembers how much she wanted to appear familiar with her field of work when she first started out. She’d nod...

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Coney Island Opens for the Season

 |  NYCEDC

Forget that spring just blew in with a nor’easter or that Memorial Day is still two months off. The only season that matters is starting this Sunday in the south of Brooklyn: summer in Coney Island.

For more than 60 years, Palm Sunday has marked the official opening of Coney Island’s amusements. This year on Sunday, March 25, opening day will celebrate the glory and history of Coney Island with a full lineup of events, including the annual Blessing of the Rides at Deno’s Wonder Wheel Park, the Egg Cream Christening of the Cyclone’s first car (with free egg cream samples), and free rides on the Cyclone and Wonder Wheel themselves.

Like...

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Coney Island

Generations in NYC, part 2: What’s the Generational Makeup of Your PUMA?

 |  NYCEDC

This is the second installment of our series looking into the different generations of New Yorkers; what they are, how the differences between them impact New York City’s labor force, and how they affect the city’s neighborhoods.

In the first installment of our series on generations[1], we gave a snapshot of each generation in New York City. This snapshot broke down the generations by demographic and employment trends and gave an overview of where each generation lives. We found higher...

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Economic Data

You’re Speaking My Language: Making Connections in Inwood

 |  NYCEDC

NYCEDC’s success hinges on connecting with the neighborhoods we serve. That’s why the Government and Community Relations team has made community engagement a priority. We want Inwood residents—and residents throughout the City—to understand the various resources made available through the City of New York.

So, in Inwood, where a majority of the community speaks Spanish, we needed to think of new, more inclusive ways to share information. With this in mind, we partnered with Council Member Ydanis Rodriguez to host a Spanish-language resource fair in Inwood in January, 2018.  

The fair was a huge success, with more than...

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NYCEDC Takes to the Road For Nonprofit Planning Workshops

 |  NYCEDC

This fall, NYCEDC’s Funding Agreements team took to the road for a five-borough tour of their Nonprofit Capital Project Planning Workshops, a series of one-day workshops to help nonprofits navigate both construction and funding processes, as well as provide information on the City’s capital discretionary process. 

Attended by representatives from nearly 100 nonprofits, the workshops covered the critical processes that lead to successful capital construction projects, including: strategic board and fundraising engagement, financial planning before, during, and after construction, construction supervision and management, and an...

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Generations in NYC, part 1: Generations 101

 |  NYCEDC

This month we begin a series looking into the different generations of New Yorkers; what they are, how the differences between them impact New York City’s labor force, and how they affect the city’s neighborhoods.

The cultural conversation about generations tends to greatly overgeneralize New York’s diverse age cohorts. As such, we’ll start by stripping away stereotypes and taking a clear snapshot of who in New York City makes up each generation.

For the purposes of this analysis, we’ll be using the generational distinctions originally outlined by the demographers William Strauss...

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Economic Data

Meet Namisha, an IN2NYC Success Story

 |  NYCEDC

IN2NYC applications are open until November 14, 2017.

Today marks the opening of the third application period for the International Innovators Initiative (IN2NYC), a City-led program that helps international entrepreneurs expand or relocate their businesses to New York City by facilitating collaborative partnerships that qualify them to apply for cap-exempt H-1B visas.

Meet one of IN2NYC’s first H1-B recipients, Namisha Bahl, the Vice President of Marketing and Partnerships at Mogul, an award-winning online platform that connects women worldwide, enabling them to share information and access knowledge from...

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NYCEDC is Going to Maker Faire!

 |  NYCEDC

See Futureworks Incubator in action at Maker Faire on September 23 and 24.

With the launch of Futureworks NYC, a key component of the Mayor’s Industrial Action Plan, NYCEDC is bringing a robust suite of programming to the advanced manufacturing community...

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