Press Releases

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

Current Releases

  • NYCEDC Lays Groundwork for Developing Truck-Accessible Electric Charging Stations Throughout City

    New York City Economic Development Corporation (NYCEDC) today released a Request for Expressions of Interest (RFEI) that aims to identify organizations interested in developing and operating truck-accessible electric charging stations throughout the City. The initiative is the latest update to the $100M FreightNYC plan, which will modernize the City’s freight distribution network.
  • City Officials, Local Elected Officials and Community Stakeholders Break Ground on Mixed-Use Development in East Harlem

    Today, New York City Economic Development Corporation (NYCEDC) Executive Vice President and COO Rachel Loeb, Department of Housing Preservation and Development (HPD) Acting Commissioner Eric Enderlin, Housing Development Corporation (HDC) Acting President Richard Froehlich, Manhattan Borough President Gale Brewer, and Councilmember Diana Ayala and community stakeholders broke ground on One East Harlem, a vibrant one-acre, mixed-use development that will bring nearly 300 units of housing to East Harlem. Officials were joined by representatives from development team comprised of Richman Group Development Corporation, Bridges Development Group, Monadnock Development LLC., Hope Community Development Inc. and El Barrio Operation Fightback.
  • 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.


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