Press Releases

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

Current Releases

  • CITYWIDE LEADERS APPLAUD ANNOUNCEMENT OF AMAZON’S NEW HEADQUARTERS IN LONG ISLAND CITY

    “The number one thing we can do for New Yorkers at every rung of the economic ladder is create jobs, and the number one way to do that is to bring companies like Amazon to New York,” said U.S. Senator Charles E. Schumer. “So, this a great opportunity to help New Yorkers at every income level, but we must make sure there are commensurate infrastructure and housing improvements to the neighborhoods to which Amazon is moving, and make sure community residents are hired when Amazon lands. I commend New York City and State for working together to get this positive result, and I look forward to working with Mayor de Blasio, Governor Cuomo and Amazon to tackle these challenges.”
  • MAYOR DE BLASIO AND GOVERNOR CUOMO ANNOUNCE AMAZON SELECTS LONG ISLAND CITY FOR NEW CORPORATE HEADQUARTERS

    Mayor Bill de Blasio and Governor Andrew M. Cuomo and today announced that Amazon, the world leader in e-commerce and cloud computing, will establish a new corporate headquarters in Long Island City, Queens. The decision followed a comprehensive, year-long selection process during which 238 cities across North America competed for the multibillion-dollar project.
  • First Cooperatively-Owned Solar Garden in New York State Coming to the Brooklyn Army Terminal

    New York City Economic Development Corporation (NYCEDC) today announced the selection of UPROSE, Solar One and Co-op Power to develop and operate a community solar garden at the Brooklyn Army Terminal (BAT). The rooftop solar array will be the first cooperatively-owned project if its kind in New York State, and will connect hundreds of New Yorkers and industrial businesses to sustainable energy through an affordable subscription-based service.
  • City Officials, Local Leaders, and Community Stakeholders Celebrate Demolition of Former Spofford Youth Detention Center

    Deputy Mayor for Housing and Economic Development Alicia Glen , New York City Economic Development Corporation (NYCEDC) President and CEO James Patchett, Council Member Rafael Salamanca Jr., Bronx Borough President Ruben Diaz Jr., Assembly Member Marcos Crespo, community stakeholders and representatives from Gilbane Development, Hudson Companies and the Mutual Housing Association of New York, today celebrated the start of demolition on the former Spofford Juvenile Detention Center in the Bronx’s Hunts Point community.
  • City of New York Launches Global Challenge to Protect Small Businesses from Cyberattacks

    The Mayor’s Office of the Chief Technology Officer (MOCTO), NYC Cyber Command (C3), and New York City Economic Development Corporation (NYCEDC), today launched the Cybersecurity Moonshot Challenge that calls on industry experts to develop and deliver new, affordable, and scalable solutions to protect New York City-based small and midsize business from the dangers of cyberattacks. The Cybersecurity Moonshot Challenge is a key component of NYCEDC’s Cyber NYC initiative, a $100 million public-private investment aimed at transforming New York City into a global leader of cybersecurity innovation and talent.

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