Press Releases

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

Current Releases

  • DE BLASIO ADMINISTRATION, CITY COUNCIL AND GARMENT CENTER STEERING COMMITTEE ANNOUNCE PASSAGE OF UNPRECEDENTED SUPPORT PACKAGE FOR FASHION PRODUCTION AND THE GARMENT CENTER

    Today, the City Council approved a comprehensive plan to support fashion production and commercial office expansion in the Garment Center. Informed by recommendations of the Garment Center Steering Committee, the City has created a multi-pronged approach to balance the interests of the fashion industry with those of other industries growing in the Garment Center. The City will implement a set of targeted zoning changes with real estate and programmatic support. These initiatives will provide fashion manufacturers with the long-term stability needed to maintain their foothold in the historic home of fashion. The citywide strategy includes the creation of a 200,000-square foot garment production hub at the Made in NY Campus in Sunset Park.
  • City Opens Portion of New Waterfront Park Along East River in Lower Manhattan

    New York City Economic Development Corporation (NYCEDC) Executive Vice President Seth Myers, NYC Parks Deputy Commissioner Alyssa Cobb Konon, Council Member Margaret Chin and community stakeholders today celebrated the partial opening of a newly constructed waterfront park on Pier 35 in Lower Manhattan, that will deliver 28,000 square feet of public open space to the Lower East Side community.
  • NYCEDC Releases Against All Odds: Transforming 42nd Street

    New York, NY –New York City Economic Development Corporation (NYCEDC) released Against All Odds: Transforming 42nd Street. The 30-minute documentary film chronicles the revitalization of 42nd Street in Times Square, one of the most successful economic development projects in the City’s history. The release of the film comes as redevelopment of the historic Times Square Theater kicks off, the last to be developed after almost 30 years of inactivity.
  • MAYOR DE BLASIO AND GOVERNOR CUOMO ANNOUNCE COMMUNITY ADVISORY COMMITTEE TO GUIDE AMAZON HEADQUARTERS PROJECT

    Mayor Bill de Blasio and Governor Andrew M. Cuomo today announced the formation of a Community Advisory Committee (CAC) to share information and solicit ongoing community input about Amazon’s planned headquarters project in Long Island City, Queens. Members of the CAC will work through three subcommittees to develop plans for the headquarters and onsite public amenities, investments in neighborhood infrastructure to benefit the surrounding communities, and training and hiring programs to ensure that homegrown talent fills the 25,000 to 40,000 new jobs at the headquarters.
  • NYCEDC and NYU Steinhardt Partner to Bring Nutrition Education to the Lower East Side

    New York City Economic Development Corporation (NYCEDC) today announced a partnership with the Department of Nutrition and Food Studies at New York University’s Steinhardt School of Culture, Education and Human Development (NYU Steinhardt) to provide nutrition programming at the new Essex Market. The partnership, set to begin in conjunction with the opening of the new Essex Market at 88 Essex Street, will feature monthly demonstrations and guided discussions focused on nutrition and sustainable food, cooking workshops, and a food film club.

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