Press Releases

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

Current Releases

  • City Officials Tour Advanced Aerospace Manufacturing Company in College Point

    Deputy Mayor for Housing and Economic Development Alicia Glen and New York City Economic Development Corporation (NYCEDC) President and CEO James Patchett today toured S&L Aerospace Metals, LLC, a premier hydraulic aircraft manufacturing company based in College Point, Queens. The City and EDC sold two lots to S&L so it could expand its business, which is adjacent to the lots. The acquisition enables S&L, which currently has 84 full-time workers, to create approximately twenty new advanced manufacturing jobs for local residents.
  • Mayor de Blasio Announces Plans for a $65 Million Community Health Center in Flushing

    Mayor Bill de Blasio today announced plans for Healthview, a 77,000 square-foot medical facility that will be part of the Mayor’s Caring Neighborhoods Initiative in Flushing, Queens. Operated by the Charles B. Wang Community Health Center, the new center will provide care to over 25,000 underserved New Yorkers and create over 140 new jobs in the first three years of operation.
  • New York Works: NYCEDC and DCLA Announce 50,000 Square Feet of Artist Workspace at Brooklyn Army Terminal

    New York City Economic Development Corporation (NYCEDC) and NYC Department of Cultural Affairs (DCLA) today announced the creation of 50,000 square feet of artist studios and workspace for art-based businesses at the Brooklyn Army Terminal. ArtBuilt Brooklyn, a nonprofit arts organization, will bring subdivided, affordable artist workspace to Sunset Park as part of Mayor de Blasio’s Affordable Real Estate for Artists (AREA) initative, building on the Administration’s efforts to create 10,000 good jobs by supporting the city’s creative and cultural sectors.
  • De Blasio Administration Welcomes Formula E to New York with Arrival of Fully-Electric Race Cars

    The De Blasio administration today welcomed Formula E - the world’s first fully-electric single-seater racing series - to Brooklyn ahead of the first-ever New York City ePrix on July 15 & 16. City officials and Formula E CEO Alejandro Agag kicked off race weekend activity with the unveiling of fully-electric Formula E cars delivered to the bespoke track at the Brooklyn Cruise Terminal.
  • Statement on City Planning Commission Vote of Approval on Downtown Far Rockaway Project

    Statement on CPC vote on the Downtown Far Rockaway Action Plan.
  • NYCEDC and Formula E Announce 1,000 Complimentary Passes Available for Community Members for Inaugural NYC ePrix

    NYCEDC and Formula E today announced that 1,000 complimentary passes will be available for community members to attend the inaugural Formula E Qualcomm New York City ePrix at the Brooklyn Cruise Terminal on July 15th and 16th. The complimentary passes provide access to the Allianz eVillage fan zone, an entertainment area for fans of all ages to watch the race and features driver autograph sessions, race simulators, and live music.
  • NYC Ferry South Brooklyn Route Serves 83,500 Riders

    NYCEDC and Hornblower announced that since launching on June 1, the NYC Ferry South Brooklyn Route has carried approximately 83,500 riders as of Sunday night, connecting them to good jobs and opportunities in neighborhoods around the city. The route was initially projected to serve 50,000 riders in the first month of service.
  • Mayor de Blasio and Council Member Ydanis Rodriguez Release Inwood NYC 2017 Action Plan // El Alcalde De Blasio Y El Concejal Rodríguez Anuncian Plan De Acción Para Inwood Nyc 2017

    Mayor Bill de Blasio, New York City Economic Development Corporation President and CEO James Patchett, and City Council Member Ydanis Rodriguez today unveiled the Inwood NYC 2017 Action Plan which outlines neighborhood-wide goals and strategies that will build on Inwood’s strengths and address pressing challenges – including outdated zoning and rising rents, antiquated infrastructure, support for small businesses, workforce development and access to the Harlem River waterfront.
  • Mayor de Blasio Announces Aetna to Locate Corporate Headquarters, 250 Good-Paying Jobs In New York City

    Mayor Bill de Blasio today announced that, by the end of 2018, Aetna’s corporate headquarters will be located in New York City. The health company’s move to a new headquarters at 61 9th Avenue in Manhattan will result in 250 good-paying jobs and an estimated $146 million in economic benefit to the City.
  • New York Works: NYCEDC Announces $250,000 in Awards to Health Tech Companies and Pilot Partners for NYC Digital Health Marketplace

    New York City Economic Development Corporation (NYCEDC) and Health 2.0 today announced the seven winners of the Digital Health Marketplace, a program that connects health technology buyers with market-ready sellers through biannual matchmaking and by providing grants to offset the cost of piloting their technologies in healthcare institutions. The winning pilots are anticipated to impact over 6,000 patients in New York City throughout the next year, and the technologies span from care coordination platforms to patient engagement systems to devices.


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