Press Releases

Browse NYCEDC’s current press releases to learn more about ongoing efforts to strengthen New York City's economy.

Current Releases

  • New York City Hits New Record Low Unemployment for Third Straight Month

    New York City Economic Development Corporation (NYCEDC) announced that citywide unemployment dropped to a new record low of 4.0 percent in March 2017, the lowest rate since 1976, which is the earliest available unemployment data from the New York State Department of Labor (NYSDOL).
  • Statement on Manhattan Community Board 11 Conditional Approval of 126th Street African Burial Ground Memorial and Mixed-Use Project

    “We've taken a significant step towards building a permanent memorial for the historic Harlem African Burial Ground and providing affordable housing and good jobs for East Harlem residents. We're grateful for the support of Community Board 11 and neighborhood residents, and look forward to continuing our partnership with Speaker Mark-Viverito and the Harlem African Burial Ground Task Force to make this project a reality," said Anthony Hogrebe, NYCEDC Senior Vice President of Public Affairs.
  • NYCEDC and TGI Announce NYC Ferry Service to Governors Island

    NYCEDC President and CEO James Patchett and Trust for Governors Island President Michael Samuelian today announced the official start dates of the seasonal service to Governors Island on the new NYC Ferry. The newly relaunched East River Route will provide direct connections starting Saturday, May 6, the first weekend of the Governors Island season. The new South Brooklyn Route, scheduled to launch Thursday, June 1, will begin providing direct connections to Governors Island starting Saturday, June 3.
  • All Aboard: Mayor de Blasio Welcomes NYC Ferry Boats to New York Harbor

    Mayor Bill de Blasio today welcomed the first three of 20 total NYC Ferry vessels into New York Harbor. The boats departed from Liberty Landing in New Jersey this morning before docking at Pier 1 in Brooklyn Bridge Park.
  • Video and Photos: Second Group of Ferry Boats En Route to New York City

    New York City Economic Development Corporation announces that the next three ferry vessels for the soon-to-be-launched NYC Ferry Service are on their way to New York City. One vessel in the fleet departed Horizon Shipyard in Bayou La Batre, Alabama, and two vessels departed from Metal Shark Shipyard in Jeanerette, Louisiana.
  • NYCEDC Announces Launch of 2017 Digital Health Initiatives

    New York City Economic Development Corporation announces the 2017 launch of NYCEDC’s signature digital health initiatives to support both growth-stage and early-stage startups and grow the digital health sector in New York City.
  • Mayor de Blasio Announces NYC Ferry: Rockaway Route Launching May 1st, One Month Ahead of Schedule

    Mayor Bill de Blasio announces that Citywide Ferry Service, now officially named “NYC Ferry”, will be launching May 1st with two routes: the brand new Rockaway Route and the existing East River Route, both of which will cost just $2.75 a ride and include free transfers to other ferry routes. This puts NYC Ferry a full month ahead of schedule, with the system having initially been projected to launch in June of 2017.
  • NYCEDC To Award Nearly $80 Million In Projects To M/WBE Construction Management Firms

    New York City Economic Development Corporation (NYCEDC) President and CEO James Patchett announced that nearly $80 million in projects are already in the pipeline to be awarded to McKissack and McKissack, Noble Strategy, and Armand, three minority or women-owned construction management firms. In addition, NYCEDC is rolling out the first cohort of prequalified M/WBE ConstructNYC contractors who will have exclusive access to bid on certain NYCEDC projects.
  • Statement on Queens Community Board 14 Vote of Approval with Conditions on the City's Downtown Far Rockaway Plan

    “Last night we took a major step towards bringing transformative investment to Downtown Far Rockaway. We were grateful to receive the support of Community Board 14 and dozens of community members, and we heard clearly their recommendations on how to make the project even better. We’re excited to have the Community Board and local elected leaders at the table as we work to deliver good jobs and much-needed housing for Downtown Far Rockaway," said Anthony Hogrebe, NYCEDC Senior Vice President of Public Affairs.
  • NYCEDC Announces $51M Support Package for NYC Garment Manufacturing Industry in Collaboration with the Council of Fashion Designers of America and Garment District Alliance

    New York City Economic Development Corporation (NYCEDC), in collaboration with the Council of Fashion Designers of America (CFDA) and the Garment District Alliance, today announced an unprecedented $51.3 million-dollar package to help stabilize and strengthen New York City’s garment manufacturing industry.


Contact Info

press office phone:
(212) 312-3523

RSS Feed

Subscribe to the
Events Feed.

Subscribe to the
Press Releases Feed.

Press Release Subscription

Subscribe to have the latest NYCEDC press releases delivered to your inbox.