economic development corporation


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Lights, camera, development: City issues RFP for film studio in Sunset Park

Sunset Park could be getting a film and television studio. New York City Economic Development Corporation and the Mayor’s...

EDC has spent half of its $700M rezoning fund money on just four neighborhoods

The city might run out of money in a neighborhood improvement fund well before improving all of the neighborhoods...

Day in the life of: James Patchett

James Patchett is the president and CEO of the New York City Economic Development Corporation, the city’s quasi-independent nonprofit with an annual budget of nearly $850 million. The 38-year-old Amherst College and Stanford Graduate...

City moves forward with Sunnyside Yards development plans

The city is continuing to move forward with its plans to develop Sunnyside Yards in Queens. The Economic Development...

Demo regrets: City officials lament tearing down rental buildings to make way for long-delayed DoBro park

After green-lighting the demolition of residential and rent-stabilized buildings in Downtown Brooklyn, city officials are now facing the possibility that a deal to build...

City hopes to make Broadway Junction latest beneficiary of Brooklyn’s boom

Broadway Junction could be the next area of Brooklyn to be transformed by the wave of development sweeping through...

Maybe market-rate condos won’t be part of the Bedford-Union Armory after all

Market rate condos could be on their way out of Brooklyn’s controversial Bedford-Union Armory project. The Crown Heights development...

Triangle Equities is betting $97M on air cargo with Queens project

Triangle Equities wants to build a $97 million warehouse near John F. Kennedy International Airport, according to filings with...

EDC closes 220K sf deal at One Liberty Plaza

The New York City Economic Development Corporation finalized its 220,000-square-foot lease at Brookfield Property Partners’ One Liberty Plaza in...

EDC has received over 24 proposals for location of Amazon’s new HQ

New York may face stiff competition from the rest of the country in the race to land Amazon’s second...

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