Is there real reason to celebrate the 22nd 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 its predecessor, the NYC Public Development Corporation which was created in 1966. In 1991, the NYC Public Development Corporation […]
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, […]
Several years ago, Gov. Andrew Cuomo created 12 Regional Economic Development Councils around the state with a budget of over $1 billion in an attempt to create new jobs and businesses. To date, they have given out almost $1 billion of your hard earned tax dollars. Just how many new businesses and jobs have been […]
In front of hundreds of real estate industry members at the LIC Partnership’s ninth annual real estate breakfast on Wednesday, experts agreed that it’s a good time for the area as it blooms into one of New York’s most desirable neighborhoods, and that real estate activity is set to multiply.
Signaling the beginning or a new era for Jamaica, politicians and community leaders announced Wednesday the launch of the Jamaica Now Action Plan, which is designed to revitalize the neighborhood through promoting development, events and jobs.
The Ridgewood Local Development Corporation (RLDC) has many plans for the 2016 fiscal year, including performing a feasibility study of creating a new business improvement district along Myrtle Avenue in Glendale between Fresh Pond Road and 71st Place, which includes approximately 302 properties.
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.