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NYCEDC

NYCEDC

New York City Economic Development Corporation (NYCEDC) is the City’s primary vehicle for promoting economic growth in each of the five boroughs. NYCEDC’s mission is to stimulate growth through expansion and redevelopment programs that encourage investment, generate prosperity and strengthen the City’s competitive position. NYCEDC serves as an advocate to the business community by building relationships with companies that allow them to take advantage of New York City’s many opportunities.

Contact:

Phone: (212) 619-5000

NYCIDA Assists Manufacturer & Distributor with Expansion in Queens

New York, NY - June 30, 2009 - (RealEstateRama) -- The Board of the New York City Industrial Development Agency (NYCIDA) has approved a sales and real estate tax incentive package that will help Boundary Fence & Railing Systems Inc. to expand its operations in Richmond Hills, Queens.

Deputy Mayor Lieber and NYCEDC President Pinsky Announce Opening of New Mount Hope Community...

New York, NY - June 25, 2009 - (RealEstateRama) - Deputy Mayor for Economic Development Robert C. Lieber and New York Economic Development Corporation President Seth W. Pinsky (NYCEDC) today announced the grand opening of the first phase of the Mount Hope Community Center located at 55 Townsend Avenue in the Bronx.

NYCEDC Seeks Industrial Development for Zerega Site in the Bronx

New York, NY - June 22, 2009 - (RealEstateRama) - New York City Economic Development Corporation (NYCEDC) has issued a Request for Proposals (RFP) seeking development for an approximately 100,000-square-foot site in the Castle Hill section of the Bronx. NYCEDC is looking for a developer to acquire and redevelop the site for industrial uses.

NYCEDC Sells Property to Brooklyn Manufacturer to Support Expansion

New York, NY - June 16, 2009 - (RealEstateRama) - New York City Economic Development Corporation (NYCEDC) announced that it closed on the sale of a 10,000-square-foot parcel of City-owned land to Comfort Bedding, a mattress manufacturer based in Brownsville, Brooklyn.

Mayor Bloomberg Announces New Stimulus-Funded Bond Program to Spur Commercial and Industrial Projects in...

New York, NY - June 10, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg today announced the creation of the Recovery Zone Facility Bond Program to provide financial assistance to commercial and industrial projects in all five boroughs that are unable to get traditional financing due to current economic conditions.

NYCEDC Reaches Negotiated Property Acquisition Agreements with Two Additional Willets Point Businesses

New York, NY - May 26, 2009 - (RealEstateRama) — New York City Economic Development Corporation (NYCEDC) today announced it has signed property acquisition agreements with two additional property owners at Willets Point, Queens. The acquisitions announced today total 34,403 square feet, bringing the amount of land now controlled by the City to about 40 acres, or 1,742,400 square feet. The agreements are the ninth and tenth negotiated land acquisitions in Willets Point, also known as the Iron Triangle.

Mayor Bloomberg, Governor Paterson and Speaker Quinn Announce Comprehensive Strategies to Increase and Retain...

New York, NY - May 20, 2009 - (RealEstateRama) — Mayor Michael R. Bloomberg, Governor David A. Paterson and Speaker Christine C. Quinn today announced comprehensive strategies to encourage the opening of new grocery stores and help existing operators upgrade stores in neighborhoods that need more healthy food stores. Mayor Bloomberg and Speaker Quinn introduced the Food Retail Expansion to Support Health (FRESH) program, a new initiative that provides zoning and financial incentives to property owners, developers and grocery store operators in areas of New York City currently underserved by grocery stores.

Coney Island Development Corporation Announces Winners of 2009 Coney Island Student Art Competition

New York, NY - May 19, 2009 - (RealEstateRama) — The Coney Island Development Corporation (CIDC) today announced the winners of the 2009 Coney Island Student Art Competition. The competition titled “My Vision of the Future of Coney Island,” was an opportunity for Coney Island students to express their artistic creativity and create a vision of what they believe the Coney Island of tomorrow should look like. The 2009 Student Art Competition was open to students residing in Coney Island, Brooklyn, in grades one through eight.

NYCEDC And UMEZ Announce Program to Assist 125th Street Businesses

New York, NY - May 6, 2009 - (RealEstateRama) — New York City Economic Development Corporation (NYCEDC) and the Upper Manhattan Empowerment Zone (UMEZ) announce the Harlem Business Assistance Fund, a grant program intended to offset some expenses small businesses may incur in relocating to 125th Street and its vicinity. The program is funded by New York City Industrial Development Agency and will be administered by UMEZ on behalf of the City.

NYCEDC Seeks Firms to Develop $150 Million of Offsite Infrastructure for Willets Point Development...

New York, NY - April 7, 2009 - (RealEstateRama) — New York City Economic Development Corporation (NYCEDC) today announced two separate Requests for Qualifications (RFQs) for firms to provide construction management services and design services for the $150 million Willets Point Offsite Infrastructure Project, which will connect the 62-acre development site to existing transportation, water and sewage facilities.

NYC Economic Development Corporation Reaches Acquisition Agreement with Tully Construction Inc at Willets Point

New York City, November 13, 2008 - (RealEstateRama) – New York City Economic Development Corporation (NYCEDC) today announced that it has signed a property acquisition agreement...

NYC Economic Development Corporation Reaches Agreements With Two Landowners to Acquire Seven Willets Point...

New York City - November 9, 2008 - (RealEstateRama) –  New York City Economic Development Corporation (NYCEDC) today announced that it has signed seven property acquisition...

NYC Economic Development Corporation Reaches Agreements with Two Property Owners for Acquisition of Land...

New York City - November 3, 2008 - (RealEstateRama) – New York City Economic Development Corporation (NYCEDC) today announced that it has reached negotiated property acquisition...

NYC Economic Development Corporation Reaches Negotiated Property Acquisitions and a Relocation Agreement With Willets...

New York City, October 18, 2008 - (RealEstateRama) —  New York City Economic Development Corporation (NYCEDC) today announced that it has signed two property acquisition...

NYC Industrial Development Agency to Help Companies Expand in New York City

New York City - March 11, 2008 – New York City Industrial Development Agency (NYCIDA) approved financing assistance to four companies in Brooklyn, Queens and...

Mayor Bloomberg and Governor Spitzer Announce Selection of Battery Park City Authority to Develop...

New York City, January 22, 2008 - New York City Economic Development Corporation (NYCEDC) has chosen the Hugh L. Carey Battery Park City Authority (BPCA)...

NYC Industrial Development Agency to Help One Not-for-Profit Organization and One Manufacturing Firm Expand...

New York City - January 8, 2008 - New York City Industrial Development Agency (NYCIDA) approved financing assistance to a Very Special Place, Inc. a not-for-profit...

NYC Economic Development Corporation Selects Design Team for Steeplechase Plaza in Coney Island

New York City - January 3, 2008 - New York City Economic Development Corporation (NYCEDC), in cooperation with the Department of Parks and Recreation (Parks), has...

NYC Economic Development Corporation Selects Company for Industrial Site in the Bronx

New York City, Nov. 19, 2007 – New York City Economic Development Corporation (NYCEDC) selected Pearlgreen Corporation to develop an 80,000-square-foot industrial facility on...

NYC Economic Development Corporation Applauds City Council Approval for 50 West Street

New York City, November 16, 2007–The New York City Council voted yesterday to approve plans for 50 West Street, a proposed 63-story, 580,000-square-foot hotel...

City Planning and Economic Development Corporation Announce Comprehensive Coney Island Rezoning Plan to Safeguard...

November 8, 2007 - City Planning Commissioner Amanda M. Burden and New York City Economic Development Corporation (NYCEDC) President Robert Lieber today unveiled the...

$700 Million Project Will Create 1,800 Construction Jobs and House More than 2,000 Bioscience...

Bioscience Park will Include 1.1 Million Square Feet of Commercial and Lab Space for Bio and Life Science Companies based in New York City...

NYC Economic Development Corporation Seeks Developer for Prime Site in Downtown Jamaica

New York City, September 24, 2007– New York City Economic Development Corporation (NYCEDC) issued a Request for Proposals for the sale and redevelopment of...

Popular Government & Nonprofit Press Releases

Recent Government & Nonprofit Press Releases

SCHUMER, GILLIBRAND ANNOUNCE $125,000 IN FEDERAL FUNDING FOR CNY FAIR HOUSING,...

U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand announced $125,000 in federal funding for CNY Fair Housing, Inc. in Syracuse. The funds were provided by the U.S. Department of Housing and Urban Development (HUD) Fair Housing Initiatives Program (FHIP) Education and Outreach Initiative grants