Is there real reason to celebrate passing of the recent 20th Anniversary for creation of the New York City Economic Development Corporation? New York City prospered and successfully grew prior to creation of the NYC Economic Development Corporation and it’s predecessor, the NYC Public Development Corporation. In many instances, projects supported by these government corporations have been heavily subsidized by taxpayers, […]
Not long after Mayor Bill de Blasio’s pledge to focus on creating more housing with his State of the City address, the NYC Economic Development Corporation (EDC) officially announced a request for proposals to develop hundreds of market rate and affordable units out of an NYPD parking garage in downtown Jamaica.
The long-awaited boon for the Queens tech community just took another step forward as Weiss/Manfredi Architecture filed an application with the Buildings Department Monday for the new corporate co-location office building on the campus.
Proposals to redevelop the massive Sunnyside Yards are building up steam after decades of discussion as more key players in the rail yard’s future are weighing in with some specific ideas for what can be built there.
Long Island City is going wireless. Late last month, Mayor Michael Bloomberg announced new plans to continue expanding wireless and broadband connectivity in New York City. These initiatives include free public Wi-Fi access in the five boroughs and evaluating broadband connectivity in office buildings. “If New York City is going to remain competitive in the […]
Talk about a view. Mayor Michael Bloomberg gathered with local elected officials, community members and residents on Wednesday to cut the ribbon on the new 5.5-acre Hunter’s Point South Park located on Center Boulevard in Long Island City. “Opening up more of our city’s waterfront for public enjoyment has been a top priority for this […]
The 2013 MLB All-Star Game and weekend events were a home run for businesses in and around Citi Field. The major sports event pumped $191.1 million into the city, according to Rob Mackay, director of marketing, events and tourism for the Queens Economic Development Corporation. “In general it’s good for the city,” Mackay said. “so […]
BY SETH TAYLOR Earlier this year, Councilmember Julissa Ferreras announced a “New Deal for Roosevelt Avenue,” a holistic seven-point plan that aims to revitalize what is widely known as one of New York City’s most bustling, yet uncared for, commercial corridors. Among the seven points is the creation of a “better business environment.” To accomplish […]
A Bayside developer has been tapped to transform a vacant Flushing property into a mixed use development. The New York City Economic Development Corporation (NYCEDC) announced it has selected Success 88 LLC, headed by Betsy Mak, to turn an abandoned site at 135-15 40th Road into 12,000-square-feet of community, commercial and retail space. “Flushing continues […]
Has anyone noticed the recent media blitz by the Empire State Development Corporation at taxpayers expense. The commercials run in heavy rotation several times per hour on many television stations. They have a catchy beat reminiscent of Bobby McFarins “Don’t Worry, Be Happy.” The costs rival major media buys from candidates running for public office. […]