City of Water Day: A Beer Bottle’s Journey
On Saturday, July 16th, about 15,000 people attended the Metropolitan Waterfront Alliance’s 4th annual City of Water Day Festival. City of Water Day is a free event that celebrates the magnificent waterways surrounding New York City, educating the public about the waterfront’s potential to be a vibrant and diverse place to live, work and play—in essence, a celebration of the City’s “sixth borough.”
NYCEDC participated by demonstrating the life-cycle of how one of New York City’s most important imported goods—beer—travels by water from Rotterdam in the Netherlands to neighborhood grocery stores and restaurants through the City’s Red Hook Container Terminal,...Read More
The New York Times: "East River Ferries Are a Hit"
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 been running...
Fashion students, enter Fashion Draft NYC now
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.
Next Steps for Applied Sciences NYC
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)
Hudson Yards Welcomes the Fashion Label Coach
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 development of the...Read More
Heading to the SXSW Startup Village
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...Read More
New York Times: "Moving to U.S. and Amassing a Fortune, No English Needed"
Today's read: The New York Times highlights the growing success of immigrant entrepreneurs across the City, despite language barriers.
Immigrants are a significant and important piece of the City’s entrepreneurial economy, as immigrants account for 49% of all self-employed workers in New York City. In addition, foreign-born workers comprise about 70% of those working within the food manufacturing industry.
NYCEDC has a number of programs and initiatives to support both immigrant entrepreneurs and the food manufacturing industry, including two kitchen...Read More
Roadify Reflects on Winning NYC BigApps 2.0
Guest Blog by Dylan Goelz, Head of Marketing and Design, Roadify
For our team, the NYC BigApps ceremony this year was a surreal event. We were there as happy spectators, content to enjoy a free beer and congratulate the winners. After all, our basement startup had fought well, but ended in second place in the Popular Choice category, ceding the podium to a surging Sportaneous. So we prepared ourselves for a relaxed event of mingling amongst fellow contestants. To our complete shock, we instead found ourselves onstage shaking hands with Mayor Bloomberg,...Read More
Fast Company: “Nerd York City: Why Bloomberg Wants A NYC Tech Campus”
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 CompanyRead More
Renovation of Federal Building in Sunset Park Breaks Ground
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...