Pair of mixed-use towers to rise at site of Hell’s Kitchen slaughterhouse
Radson Development’s vision for a pair of residential towers on the site of a former slaughterhouse in Hell’s Kitchen...
economic development corporation
The Latest
The top 10 biggest real estate projects coming to NYC
Two pieces of the city’s redevelopment of the former Spofford Juvenile Detention Center in the Bronx made the list...
EDC’s $58M in Times Square rent mostly sunk into ferries
The Economic Development Corporation used to send the city coffers tens of millions of dollars in rent revenue from...
Pols pounce as city caves in on Sunset Park property
Three elected officials are seething about a city agency’s decision to let a Sunset Park landlord rent to office...
City lets industrial landlord off the hook in Sunset Park
In 2011, Salmar Properties set out to transform a 1.1 million-square-foot vacant warehouse in Sunset Park into a state-of-the-art...
Progressives opposing Queens development target AOC
No elected official is safe from the ire of New York City’s emboldened left — not even its standard-bearer,...
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...
Issue
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 Yard development plans
The city is continuing to move forward with its plans to develop Sunnyside Yard in Queens. The Economic Development Corporation...