Press Releases

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

Current Releases

  • NYCEDC Unveils 2017 NYCxDESIGN Programming Highlights

    NYCEDC announced 2017 programming highlights for NYCxDESIGN. Now in its fifth installment, the program will include over 500 events throughout the five boroughs from May 3 – 24, 2017.
  • NYCEDC and Civic Hall Labs Launch NYC BigApps 2017

    New York City Economic Development Corporation (NYCEDC), in collaboration with Civic Hall Labs (CHL), today announced the official launch of NYC BigApps 2017 competition, which has started accepting submissions. This is the seventh offering of NYC BigApps, the City’s premier civic technology competition that has awarded close to a half-million dollars in prize money and generated more than $10 million in seed funding for tech projects that help and support New Yorkers. This year’s winners will receive cash awards, marketing and promotion, acceptance into a civic accelerator program, and will be eligible to be piloted on hundreds of LinkNYC kiosks across the all five boroughs.
  • East River Ferry Ridership Hits All Time High in 2016

    NYCEDC today released new data for the East River Ferry showing that ridership reached an all-time high in 2016.
  • NYCEDC Takes First Step Toward Launching Network of Life Sciences Incubators

    New York City Economic Development Corporation (NYCEDC) today announced that it is seeking proposals from potential operators for a wet laboratory incubator, the first in a network of life sciences incubators announced by Mayor de Blasio earlier this month as part of his LifeSci NYC plan. NYCEDC hopes to have the first incubator open and operational as early as the end of 2017 – offering affordable workspace to at least five high-growth life sciences businesses at a time.
  • Model Citywide Ferry Boat Sets Sail For Queens Borough Hall, Rockaway Library

    New York City Economic Development Corporation (NYCEDC), Queens Borough President Melinda Katz, and Queens Library President and CEO Dennis M. Walcott today announced that a scale model of the brand new Citywide Ferry boats will be on display in Queens as the first two stops of a multi-borough tour. The model will be on display in the lobby of Queens Borough Hall through Sunday, January 1st, and then will sail over to the Queens Library at Peninsula from Tuesday, January 3rd through Sunday, January 15th.
  • NYCEDC and the Mayor’s Office of Media and Entertainment Announce Plan for VR/AR Lab

    New York City Economic Development Corporation (NYCEDC) and the Mayor’s Office of Media and Entertainment (MOME) today announced plans for a City-supported Virtual Reality and Augmented Reality (VR/AR) lab. The lab will support growing VR/AR companies and entrepreneurs, and convene cross-sector stakeholders and members of the academic community, with the goal of positioning New York City as a global leader in the emerging VR/AR industry.
  • Better Jobs, Higher Wages: Mayor De Blasio To Secure Thousands Of Good Jobs For New Yorkers In The Life Sciences Industry

    Mayor Bill de Blasio today unveiled a $500 million initiative, LifeSci NYC, to spur an estimated 16,000 new, good-paying jobs and establish New York City as a global leader in life sciences research and innovation. New Yorkers hoping to secure a career-track job in a growing industry and struggling with the rising cost of living will have access to 1,000 paid internships, new training programs and job placements in a field with average salaries of $75,000.
  • NYCEDC and Civic Hall Labs Announce NYC BigApps 2017 Competition

    NYCEDC President Maria Torres-Springer and Andrew Rasiej, Co-Founder and President of Civic Hall Labs (CHL) and Chair of The New York Tech Alliance, announced the upcoming NYC BigApps 2017 competition and the new partnership between NYCEDC and Civic Hall Labs. BigApps is the premier civic innovation initiative for New York City that aids the development of products and services capable of addressing critical civic and urban issues in the city and improving the quality of life of New Yorkers.
  • NYCEDC Selects Queens Library To Launch Culinary Pre-Accelerator In Jamaica, Queens

    NYCEDC has selected the Queens Library to operate a new culinary pre-accelerator in Jamaica, Queens. The Jamaica Food Entrepreneurship and Services Training Space (FEASTS) will provide resources, training, workspace and more for entrepreneurs seeking to start or grow their food businesses.
  • NYCEDC and Greenpoint Manufacturing and Design Center to Bring Modern Industrial Workspace to Ozone Park, Queens

    New York City Economic Development Corporation (NYCEDC) today announced the selection of Greenpoint Manufacturing and Design Center (GMDC), a nonprofit developer of industrial space in New York City, as the first awardee of the City’s Industrial Developer Fund (IDF). With the support of the IDF, GMDC will develop 90,000 sq. ft. of industrial space in Ozone Park, Queens, with capacity for 24 businesses and 80 living wage jobs.


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