New York City Economic Development Corporation (NYCEDC) today announced the selection of Ports America to operate both Manhattan and Brooklyn Cruise Terminals through 2029. As part of the new agreement, Ports America has agreed to invest $38.5 million in capital improvements across both terminals, strengthening New York City’s position as one of the country’s premiere cruise ports.
NYCEDC announced the first recipient to receive a low-interest loan through the Emerging Developer Loan Fund (EDLF). 1193 Fulton Avenue Residence LLC will be a nearly 21,000 square foot, 100% affordable, 25-unit residential building in the Morrisania section of the Bronx.
New York City Economic Development Corporation (NYCEDC) this week released a Request for Proposals (RFP) for operators of two new full-service, sit-down restaurants at the New Essex Street Market on the Lower East Side, which is expected to open June 2018. Specifically, the City is seeking independent, locally-based restaurateurs or restaurant groups who are interested in using farm-to-table seasonal produce or other regional foods on their menus.
Mayor Bill de Blasio, New York City Economic Development Corporation and Civic Hall Labs today announced three Grand Prize winners and one Judges Award winner of the 2017 NYC BigApps, the City’s premier civic technology competition. This year’s winners seek to improve quality of life for city immigrants, seniors and youth in the challenge areas of transportation, knowledge, and community resiliency.