NYCEDC Takes to the Road For Nonprofit Planning Workshops
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 overview of the City’s capital application...Read More
Generations in NYC, part 1: Generations 101
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...Read More
Meet Namisha, an IN2NYC Success Story
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...Read More
NYCEDC is Going to Maker Faire!
Transportation Trends in NYC
New York City’s transportation industry is in the midst of an upheaval. Ridership through app-based services like Uber and Lyft has surged, while subway and bus ridership has declined.
Although there are many theories about the decline of public transit ridership, the data suggest that app-based services account for a growing share of the City’s transit network, and are, under certain circumstances, substituting public transit systems. As New York State exploresRead More
NYCxDESIGN 2017 by the Numbers
NYCxDESIGN drew nearly 350,000 attendees and added $60 million to the gross city product.
Approximately 347,000 people attended NYCxDESIGN 2017 to celebrate graphic design, architecture, urban design, fashion, furniture, and more. Of those, 71% were residents of the five boroughs and 29% were visitors. Representative of New York City’s global status, the event drew 34,600 visitors (10%) from the metropolitan area, 11,500 (3%) from...Read More
New York City's Dog Population
Those who don’t know us say that New York City is a dog-eat-dog town. We may act like alpha dogs, but real New Yorkers are truly poodles at heart. In fact, the data show that one in seven households in our city have at least one pup under its roof – so we must be softies deep down. Did you know that there are ruff-ly 425,000 canine companions in homes across the five boroughsRead More
How do Americans celebrate Fourth of July?
The National Retail Federation (NRF) predicts that 219 million Americans (nearly 70% of the population) will celebrate Independence Day this year. The number of people who will celebrate is 2% higher than last year and the average amount they plan to spend on food items this holiday is up 3% to $73.42 per person. In fact, the holiday is expected to generate $7.1 billion in revenue from food sales.Read More
New York City Construction Projects Reach New Heights
Current construction trends indicate a strong New York City economy. In 2016, the number of construction project starts was the highest in four years.
The majority of starts were building projects: 4,066 non-residential and 3,817 residential building projects were initiated in 2016. Meanwhile, there were 514 construction starts unrelated to buildings, which included infrastructural...Read More
All Aboard! The Numbers Behind NYC Ferry
Launching Monday, May 1, NYC Ferry will fundamentally change how the people of our city move.
The new ferry service connects over half a million New Yorkers from Soundview in the Bronx to Rockaway, Queens to where they need to go citywide. This connectivity expands economic opportunity by creating new networks between job-dense neighborhoods, such as Midtown, Lower Manhattan, Downtown Brooklyn and Long Island City, as well as industrial areas like Sunset Park, and residential communities that have long been transit deserts, such as Astoria and Red Hook. NYC Ferry also cuts down on commute...Read More