Press Releases

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

Current Releases

  • NYCEDC and NYC Parks Release RFEI to Pilot the City’s First Mitigation Bank on Staten Island

    New York City Economic Development Corporation (NYCEDC), in partnership with NYC Parks, released a request for expressions of interest (RFEI) for environmental Credits from New York City’s first wetland mitigation bank. The pilot project seeks to protect and enhance over 50-acres of the City’s wetlands at the Saw Mill Creek Marsh on Staten Island’s West Shore, while fostering ecologically friendly waterfront development. The restoration will generate “Credits” of required mitigation that can be used to offset unavoidable and permitted impacts of waterfront construction projects.
  • NYCEDC and The Nicotra Group Break Ground on Innovative Office Building on Staten Island’s Teleport Campus

    New York City Economic Development Corporation (NYCEDC) and The Nicotra Group today announced the groundbreaking of Corporate Commons Three, a 330,000-square-foot office building that will create 2,500 jobs on the Teleport Campus in Staten Island. This development will further the de Blasio Administration’s efforts to invest in emerging office districts across the five boroughs and create 100,000 quality jobs over the next ten years.
  • Mayor de Blasio Announces Final Design of Project to Fill East Side Greenway Gap Will Commence Next Week

    As part of City Hall in your Borough week in Manhattan, Mayor Bill de Blasio today announced that the formal design process for a new section of the Manhattan Waterfront Greenway between East 61st Street and East 53rd Street will officially kick off next week. The Mayor was joined by local officials to tour a portion of the existing greenway and discussing plans for its expansion. Construction of the new segment will commence in 2019, with completion expected in 2022.
  • Statement on City Council Approval of 126th Street African Burial Ground Memorial and Mixed-Use Development

    The New York City Council today approved a zoning application for the development of a portion of land in East Harlem that was once the site of an African Burial Ground that dates back to the seventeenth century. The 126th Street African Burial Ground Memorial and Mixed-Use development will deliver a permanent memorial, deeply affordable housing and jobs for East Harlem residents.
  • New York City Receives More Than Two Dozen Proposals For New Amazon HQ Totaling Over 50 Million Square Feet of Commercial Space

    Mayor Bill de Blasio, Deputy Mayor for Housing and Economic Development Alicia Glen, and New York City Economic Development Corporation (NYCEDC) President James Patchett today announced that the city has received more than two dozen proposals for possible locations for Amazon’s second headquarters. Collectively, these proposals total over 50 million square feet of commercial space across 23 different neighborhoods in all five boroughs.


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