To help entrepreneurs get on their feet, New York City’s Economic
Development Corporation plans to open more business incubators like the
one at 160 Varick Street in Lower Manhattan. The EDC is looking for
commercial landlords willing to donate office space for the incubators. Industries such as food manufacturing, fashion, Web-based technology
and architecture could be served by the new program, the EDC said. The agency is seeking building owners who can provide 5,000 to 20,000
square feet of office space for free or for no more than $10 a square
foot, though landlords demanding higher rents can still submit
proposals. [more]