Press Releases

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

Current Releases

  • Photo Release: Thousands Attend Brooklyn Army Terminal's 100th Birthday Block Party

    This weekend, thousands attended the inaugural Brooklyn Army Terminal block party to celebrate the campus' 100th birthday. Grammy nominated rapper, Busta Rhymes, rising R&B star, Justine Skye and NY-based DJ Natasha Diggs headlined the celebration with performances that filled the campus with energy and excitement.
  • NYC Ferry Has Nearly 92% On-Time Performance; NYCEDC Launches 2018 Ferry Feasibility Study

    New York City Economic Development Corporation (NYCEDC) today released quarterly public reports that detail the NYC Ferry system’s daily and weekly ridership statistics and on-time performance (OTP), which at nearly 91.9%, is in line with other passenger ferry service OTP trends from around the country. In addition, NYCEDC kicked off the 2018 ferry feasibility study, which will analyze potential sites that can support ferry access.
  • Busta Rhymes & Justine Skye to Perform FREE Concert at First Ever Block Party at Brooklyn Army Terminal on September 15

    New York City Economic Development Corporation (NYCEDC) today announced that world-renowned artists Busta Rhymes and Justine Skye will perform at the first ever, FREE Block Party at the Brooklyn Army Terminal (BAT) on Saturday, September 15 in Sunset Park. The BAT Block Party will celebrate the campus' 100th birthday and is open to ALL AGES.
  • Mayor De Blasio Launches Lower East Side Ferry Route, Completing Initial NYC Ferry System On Time

    Mayor de Blasio today officially launched the Lower East Side Route, the sixth and final 2018 route to launch as part of the NYC Ferry commuter system. The new route starts in Long Island City, Queens, proceeds to East 34th Street and two new stops at Stuyvesant Cove and Corlears Hook on the Lower East Side, before ending at Pier 11/Wall Street. The Lower East Side Route, which takes 32 minutes from start to finish, will connect residents, workers, students and more in both Queens and hard-to-reach areas of Manhattan’s Lower East Side, shortening commute times for New Yorkers. NYC Ferry riders are also able to transfer for free to all other existing ferry routes at the East 34th Street and Pier 11/Wall Street ferry terminals.
  • NYCEDC and NYC Parks Announce Plans for New Water Ride, Adventure Park, and Public Plaza on Coney Island Boardwalk

    New York City Economic Development Corporation (NYCEDC) and NYC Parks today announced plans to bring a new large-scale water ride, adventure park, and public plaza with open-air food options and an arcade to Coney Island’s world-famous amusement district. The City has selected Central Amusement International (CAI) to activate 150,000 square feet of City-owned land in the heart of the amusement district. This adds momentum to the Administration’s investments in affordable housing, infrastructure, cultural facilities, and economic development across the neighborhood.

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