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The New York Times: "East River Ferries Are a Hit"

 |  NYCEDC

The New York Times praised our East River Ferry Service, which offers commuters a new transportation option and will help to revitalize New York City's waterfront:

The East River service is an experiment to spur development in revitalized sections of the industrial riverfront in Queens and Brooklyn. The boats connect Midtown and the financial district near Wall Street with, for the fall and winter, five spots on the east side of the river.

On weekdays, the boats have...

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Fashion students, enter Fashion Draft NYC now

 |  NYCEDC

The style blog of The Financial Times writes about Fashion Draft NYC:

Parsons and the New York City Economic Development Corporation team up to create Fashion Draft NYC," an initiative that "will bring a select group of top business-minded students from around the world to New York City to network and interview with fashion executives," and follows Fashion Campus NYC, a career-building and networking event co-organized by NYCEDC and Parsons this past July to help talented students pursue fashion business careers in New York City.

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Next Steps for Applied Sciences NYC

 |  NYCEDC

Mayor Bloomberg announced that the City has received seven qualifying responses to Applied Sciences NYC, the City's groundbreaking economic development initiative to build or expand a state-of-the-art engineering and applied sciences campus in New York City. Seventeen world-class institutions from around the globe responded to the Request for Proposals, which seeks a university, institution, or consortium to develop and operate a new or expanded campus in the City in exchange for access to City-owned land and up to $100 million in City capital.

The responses to the Applied Sciences NYC Request for Proposals were from the following institutions for the following sites:

  • Amity University (Governors Island)
  • ...
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Hudson Yards Welcomes the Fashion Label Coach

 |  NYCEDC

Mayor Bloomberg announced today that Coach will be the first anchor tenant of Hudson Yards, the City's historic development project on Manhattan's West Side. Coach will take over 600,000 sq ft, more than one-third of the available commercial space at the initial tower of the Eastern Rail Yards site; together with the completion of the #7 subway line extension and the new Hudson Boulevard Park, this will kick-start the...

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Hudson Yards

Heading to the SXSW Startup Village

 |  NYCEDC

Thanks to everyone who voted for our SXSW panel proposals back in August! We're excited to announce that NYCEDC panel proposal, "Silicon Alley: Startup Ecosystem That Never Sleeps," was selected from 3,200 proposals to be part of the SXSW Startup Village next March.

Start spreading the news...the New York City tech renaissance is underway. Silicon Alley, as NYC’s booming tech startup cluster is known, has a vibrant culture with unique competitive advantages. Through its recent rapid expansion, Silicon Alley has outpaced Boston and begun to rival Silicon Valley. What will Silicon Alley look like...

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Fast Company: “Nerd York City: Why Bloomberg Wants A NYC Tech Campus”

 |  NYCEDC

Fast Company writes about our Applied Sciences NYC initiative:

Mayor Michael Bloomberg's administration has been vocal about their desire to bring a world-class applied science school to New York City. The media-titan-turned-mayor is accepting proposals for an applied science campus to be built on city land; submissions are due on Friday, October 28. A who's-who of local and national names are hoping NYC will give them the contract. . . .

Find out more by visiting the NYCEDC website, and like Applied Sciences NYC on Facebook.

Photo credit: Fast Company

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Renovation of Federal Building in Sunset Park Breaks Ground

 |  NYCEDC

Mayor Bloomberg, NYCEDC, and Congressmembers Nydia M. Velázquez and Jerrold Nadler broke ground today on the renovation of Federal Building #2 in Sunset Park, Brooklyn. The vacant 1.1 million-square-foot warehouse building will be converted to a state-of-the-art industrial facility, with 85% of the space to be used for light manufacturing purposes and 15% for retail. The full renovation will create about 1,300 permanent industrial jobs and 400 construction jobs.

In May, developer...

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