Press Releases

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

Current Releases

  • NYCEDC Selects Upper West Side Strategies as New Operator of LifeSci NYC Internship Program

    New York City Economic Development Corporation (NYCEDC) today announced the selection of Upper West Strategies (UWS), a NYC-based consulting firm that focuses on government and mission-driven clients, to develop and manage the LifeSci NYC internship program. LifeSci NYC internships are part of Mayor de Blasio’s $500 million LifeSci NYC plan, 10-year initiative designed to accelerate growth of the life sciences industry and to create 16,000 new, good-paying jobs.
  • NYCEDC Announces Additional Vendors Coming to New Essex Street Market

    New York City Economic Development Corporation (NYCEDC) today announced three new vendors coming to the New Essex Street Market next year. Chinatown Ice Cream Factory, Essex Shambles, and Zerza will be joining 27 current vendors at the new location in fall 2018.
  • NYCEDC and HITLAB Announce Third Class of Digital Health Breakthrough Network

    New York City Economic Development Corporation (NYCEDC), in partnership with HITLAB, announced the third class of the Digital Health Breakthrough Network, an initiative for startups to pilot their products with end-users and strengthen their connection to New York City’s healthcare and technology sectors. The third class of startups are developing technologies such as virtual reality-based coaching platforms and scheduling coordination to streamline medical services, among others.
  • Statement on City Council Approval of Bedford Union Armory Redevelopment Project

    “Over the past four years, we have proudly worked with Council Member Cumbo and the Crown Heights community to redevelop a vacant armory into a center of opportunity for this neighborhood. This project will deliver an accessible world-class recreation center, 250 units of affordable housing for families earning between $25,000 and $57,000 a year, and permanently affordable space for local non-profits. We thank Council Member Cumbo for her leadership, and her City Council colleagues for voting in support of a project that will serve the needs of families and residents in Crown Heights for generations to come," said James Patchett, New York City Economic Development Corporation President.
  • NYCEDC, Borough President Adams, and Council Member Espinal Kick off Broadway Junction Working Group and Planning Study

    New York City Economic Development Corporation (NYCEDC), Brooklyn Borough President Eric L. Adams, and Council Member Raphael L. Espinal today announced the formation of the Broadway Junction Working Group and the start of an interagency planning study of the transit hub. The two efforts will work in tandem to identify ways to bring economic opportunity and new amenities to the area around Broadway Junction, informed by the vision of the surrounding community.


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