NYCEDC's Strategic Investments Group supports businesses, developers, and nonprofit organizations looking to undertake real estate projects and grow their operations, helping to further diversify and strengthen New York City's economy.
The Strategic Investments Group can develop customized plans to lower real estate costs, access capital, and help companies that are expanding to, moving to, or moving within New York City.
Through the use of tax incentives, bond financing, and other programs, we have assisted a variety of sectors, including industrial; manufacturing and distribution; technology and bioscience; education and health; nonprofit; infrastructure and energy; and certain commercial and retail activities. Whatever your sector or your need, we will work to connect you to solutions that will help you prosper in New York City.
Innovative Financing Solutions
NYCEDC can help businesses and real estate developers undertake larger projects using discretionary tax incentives through the New York City Industrial Development Agency (NYCIDA) along with understanding the full array of incentives that exist across City and State agencies.
501(c)3 organizations and other exempt facilities can access tax-exempt and taxable bond financing through Build NYC Resource Corporation (Build NYC), which offers borrowers a low-cost debt option.
New Markets Tax Credits
We facilitate the use of the New Markets Tax Credit program for the financing of projects in low-income communities through NYC Neighborhood Capital Corporation and strategic collaborations with many national CDEs. NYCEDC works to source capital for NMTC-eligible projects to bring new investment into low-income communities.
Loan and Equity Programs
The Strategic Investments Group has the ability to make direct debt and equity investments into companies and special projects. We excel at creating unique financing structures to further specific development goals.