in NYC

Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers

Aerial view of the East Midtown Greenway with a winding pedestrian bridge over the East River. People relax on benches surrounded by greenery. Adjacent is a city street with traffic, and tall buildings. A distant bridge is visible in the background.
A bustling Times Square in New York City, filled with crowds and vibrant billboards. Bright lights from signs and advertisements illuminate the area. Yellow taxis are visible, and the skyline features tall buildings under a clear sky.
A colorful neon AI logo stands on a glowing microchip, symbolizing artificial intelligence. The background features electronic circuit patterns, highlighting a futuristic and technological theme.

At NYCEDC, we take a comprehensive approach to New York City's economy.

We work to strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city's future economy.

Aerial view of the East Midtown Greenway with a winding pedestrian bridge over the East River. People relax on benches surrounded by greenery. Adjacent is a city street with traffic, and tall buildings. A distant bridge is visible in the background.

2024: The NYCEDC Impact

Our third annual report highlights the impact of our work over the past year–advancing critical projects and laying the groundwork for transformative investments.

Read the Report

In the Spotlight

A modern, multi-tiered office building, named 850 Third Avenue, with terraces featuring green plants, surrounded by tall skyscrapers in a busy New York cityscape with streets and traffic visible below.
Press Release
NYCEDC and NYCIDA Close First M-CORE Deal to Revitalize 850 Third Avenue
Jul 09 2025
A man in athletic wear jogs on the Fordham University campus along a path lined with trees, with a large, historic stone building and green lawn in the background on a bright, clear day.
Press Release
NYCEDC Selects Fordham University as First Awardee of Greenlight Innovation Fund
Jul 08 2025
Interior rendering of Apollo Theater in Harlem, New York shows people walking and interacting in a stylish, modern theater lobby with bright lighting, wall art, and a staircase leading to the balcony level. Some individuals are seated in a side lounge area, while others converse in the hallway. Courtesy of Charcoalblue, Flyleaf Creative, and Beyer Blinder Belle.
Press Release
NYCEDC Allocates $23 Million to Support Renovation of Harlem’s Historic Apollo Theater
Jul 01 2025
Two blue NYC ferries, each labeled BRAND NYC FERRY, travel on the river. The New York City skyline, including tall skyscrapers and clear blue sky, is in the background.
Press Release
NYCEDC Advances Search for First-Ever Naming Rights Partner for NYC Ferry System
Jun 23 2025
Group of men wearing blue coveralls and safety glasses stand together in a workshop, listening to a man who appears to be explaining something while holding a tool. Industrial equipment is visible in the background.
Press Release
NYCEDC Launches First-Ever ‘Economic Mobility Networks’
Jun 17 2025
A modern, open lab space named Gotham Foundry with people working at desks and tables, some in lab coats. The setting is bright, with large windows, blue chairs, and collaborative work areas.
Press Release
NYCEDC Announces Consortium to Operate Sustainable Materials Innovation Hub
Jun 11 2025
A busy city street scene at sunset with people crossing the street. Yellow taxis and a bus are visible amidst tall buildings, capturing the hustle and bustle of urban life.

NYC Economic Snapshot

Key data measuring the strength of NYC’s economy.

Learn More
A large glass-domed New York Botanical Garden surrounded by vibrant blooming flowers in pots, with people walking along a paved path under a blue sky with white clouds. Photo by Tagger Yancey IV/NYC and Company
Grand Army Plaza. Photo by Marley White/NYC and Company
Aerial image of NYC highlighting Lower Manhattan, East River, and Hudson River. Photo courtesy of Eloi Omella.
People sit on benches in front of The Unisphere, a large spherical metal sculpture of Earth, in Corona Park on a sunny day with green trees and a partly cloudy sky in the background. Photo by Kate Glicksberg/NYC and Company.
Photo of New Stapleton Waterfront shows a park with metal benches facing a calm river, bordered by a walking path and small trees, with a distant suspension bridge under a clear blue sky. Photo by John Bartelstone/NYCEDC.
A large glass-domed New York Botanical Garden surrounded by vibrant blooming flowers in pots, with people walking along a paved path under a blue sky with white clouds. Photo by Tagger Yancey IV/NYC and Company
Grand Army Plaza. Photo by Marley White/NYC and Company
Aerial image of NYC highlighting Lower Manhattan, East River, and Hudson River. Photo courtesy of Eloi Omella.
People sit on benches in front of The Unisphere, a large spherical metal sculpture of Earth, in Corona Park on a sunny day with green trees and a partly cloudy sky in the background. Photo by Kate Glicksberg/NYC and Company.
Photo of New Stapleton Waterfront shows a park with metal benches facing a calm river, bordered by a walking path and small trees, with a distant suspension bridge under a clear blue sky. Photo by John Bartelstone/NYCEDC.
Explore The Five Boroughs