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 CFDA Announce Largest Investment Yet for Sixth Round of Fashion Manufacturing Initiative Grant Fund Recipients

    The Council of Fashion Designers of America (CFDA) in partnership with New York City Economic Development Corporation (NYCEDC) today announced the sixth round of Fashion Manufacturing Initiative (FMI) Grant Fund recipients. This round marks the program’s largest investment yet and the highest number of recipients in a single year since its 2013 launch.
  •, Initiative to Keep New York Best Place for Women, Announces Advisory Board of Trailblazing City Leaders, the pioneering initiative to keep New York the greatest city in the world for women, today announced the formation of its advisory board to continue propelling the city forward in the fight for gender equity. These leaders hold positions in tech, finance, media, education, business, and other key sectors and will provide more of the leadership needed to move the needle on achieving gender parity in the workplace. The board will be led by Alicia Glen, former deputy mayor for housing and economic development under the de Blasio administration and one of the founders of The full list of board members and their affiliations is below.
  • NYCEDC and Queens Library Expand Jamaica FEASTS for Food Entrepreneurs Across Queens

    New York City Economic Development Corporation (NYCEDC), in partnership with Queens Library, today announced the expansion of the Food Entrepreneurship and Services Training Space (FEASTS), a culinary pre-accelerator that offers training and mentorship for entrepreneurs seeking to start or grow their food businesses in Jamaica, Queens. Following Jamaica FEASTS' initial success over the last two years, the program will now double the number of classes from 6 to 12. It will also expand the program to locations in northern, southern and western Queens, while maintaining a presence at the Central Library branch in Jamaica. Since the program’s inception in 2016, more than 100 students have graduated and nearly 50 percent have launched successful food businesses.
  • NYCEDC Selects Brooklyn-Based Architecture Team to Design Made in NY Campus Garment Hub

    New York City Economic Development Corporation (NYCEDC) today announced it has selected the Brooklyn-based team of nARCHITECTS, W Architecture, and Landscape Architecture to design the garment production hub of the new Made in NY campus at Bush Terminal in Sunset Park, Brooklyn.
  • NYCEDC Seeks Operator to Develop New Marine Terminal on the Hunts Point Peninsula

    New York City Economic Development Corporation today released a Request for Proposals (RFP) that seeks to identify entities interested in operating a new marine terminal in the South Bronx. The new terminal would serve businesses on the Hunts Point Peninsula in the South Bronx by providing an alternative to trucking to move food and other products. The proposed project seeks to reduce truck traffic and to improve air quality, particularly in the South Bronx. The investment in a new marine terminal utilizes the region’s vast network of waterways, also designated as “American Marine Highways” by the US Department of Transportation.


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