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 Record Low Unemployment, Increases Wages, Grows 21,000 Jobs in February 2018

    New York City Economic Development Corporation (NYCEDC) today announced key signals that New York City’s economy is thriving, hitting a record low unemployment rate of 4.2%, the lowest since 1976, which is the earliest available data from the New York State Department of Labor (NYSDOL).
  • City Council Approves The Peninsula, A Vibrant Live-Work Campus In The South Bronx

    NYCEDC, HPD, and Council Member Rafael Salamanca today celebrated the City Council approval of The Peninsula, a $300 million initiative to redevelop the former Spofford Juvenile Detention Center into a vibrant 5-acre, live-work campus.
  • Statement on Manhattan Community Board 12 Vote on Inwood NYC

    “Over the last three years, we've engaged the Inwood community to protect and create affordable housing, deliver waterfront open space, and provide new opportunities for residents and small businesses. We sincerely appreciate the Board's valuable input and commitment, and we will carefully review their recommendations as we continue to advance our number one priority: Ensuring that Inwood remains an affordable and attractive neighborhood for working families.”
  • NYC Ferry Ramping Up Hiring Ahead of New Route Launches

    New York City Economic Development Corporation (NYCEDC) and NYC Ferry operated by Hornblower, today announced that hiring for the summer 2018 season is full steam ahead. NYC Ferry is hiring for 75+ new jobs including captains, deckhands, customer service agents, ticketing, operations and other positions. New Yorkers of all backgrounds and skill levels are welcome to apply. Jobseekers can apply directly at
  • Mayor de Blasio Announces Winners of 2018 NYC Ferry Vessel Naming Competition

    Deputy Mayor Alicia Glen and Council Member Daniel Dromm today visited and congratulated a second-grade class at P.S. 148 in East Elmhurst that submitted the name Spring Mallard as the name for one NYC Ferry boat. Spring Mallard is one of 10 names that won this year’s NYC Ferry boat naming competition.


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