Press Releases

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

Current Releases

  • In Celebration of WorldPride, NYC Ferry Introduces the Pride Vessel

    In commemoration of WorldPride 2019 and the 50th Anniversary of the Stonewall Uprising, New York City Economic Development Corporation (NYCEDC) is participating in the citywide celebration with a dedicated NYC Ferry “Pride Vessel.” As part of Project Rainbow, an initiative launched by NYC & Company that aims to Paint the Town Proud for WorldPride, the Pride Vessel will be a public statement of the City’s commitment to equity, diversity and inclusion. It will bear the official City Host brand “Pride.Uncontained.” inside and out, visible from the shore and to riders, as it operates in New York Harbor through early July.
  • NYCEDC and Bartlett Dairy Receive Overwhelming City Council Approval to Develop a New Permanent Home for Milk Distribution in New York City

    New York City Economic Development Corporation (NYCEDC) and Bartlett Dairy, Incorporated (Bartlett) today received Uniform Land Use Review Procedure (ULURP) approval for the disposition and development of NYCEDC’s JFK North Site. Bartlett, a minority-owned, family-run local business, will develop a 54,000 square foot dairy distribution center on a significant portion of the JFK North Site, one of the largest city-owned manufacturing zoned properties. Bartlett’s development of the JFK North Site will provide a permanent home for milk distribution within the five boroughs. Currently, milk distribution occurs in New Jersey and the products are then delivered to New York City by truck.
  • New York City’s First Proton Therapy Center Opens in East Harlem

    New York City Economic Development Corporation President and CEO James Patchett, Manhattan Deputy Borough President Matthew Washington, Council Member Diana Ayala, New York Proton Center CEO Allan Freeman, and officials with several premier health care institutions celebrated the opening of the New York Proton Center (NYPC) in East Harlem, New York City’s first proton therapy facility. Operated by a consortium of three New York City-based health care institutions, Memorial Sloan Kettering Cancer Center, Montefiore Health System and Mount Sinai Health System, the 140,000-square-foot facility will be a beacon of top-quality cancer care nationwide.
  • NYCEDC Allocates Mutual Housing Association of New York $18M to Construct Industrial Center in the South Bronx

    New York City Economic Development Corporation (NYCEDC) today announced the selection of Mutual Housing Association of New York (MHANY) as the next awardee of the Industrial Developer Fund (IDF) and as the recipient of the Industrial Developer Loan Fund (IDLF). The $18M allocation will support MHANY’s development of nearly 50,000 square feet of industrial space that will be part of The Peninsula, a vibrant 5-acre, mixed-use campus in the Hunts Point section of the South Bronx.
  • NYCEDC To Install Brand New Pedestrian Bridge on West Thames Street in Lower Manhattan

    New York City Economic Development Corporation (NYCEDC) today announced upcoming installation plans of the West Thames Street Pedestrian Bridge. After traveling by barge from Red Hook, Brooklyn to Battery Park City, the 230-foot bridge is comprised of two spans and will be set in place over West Street this spring and open to the public this fall following engineering testing and inspections.


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