Find Your Opportunities in NYC

As the nation’s largest city, with the country’s biggest consumer base and a gross metropolitan product of nearly $2 trillion, the growth opportunities in NYC are simply unmatched. The city is the ideal place to bring or expand your business, no matter your size or sector.

You don’t have to go through it alone. NYCEDC can help you establish the critical connections you need to succeed here and hit the ground running. There are finance solutions at the City, State, and federal levels; tax incentives based on location and/or sector; programs that reward your business for participating in energy-saving practices; and workforce development programs to help you find the talent you need.

Spotlight Incentive: RACE

A signature component of the “Race for Space” initiative, the RACE program (Relocation Assistance Credit for Employees) will incentivize out-of-state companies to move to New York City and sign leases for at least 20,000 square feet of space at qualifying office buildings. Under this new program, the City is targeting 15 new anchor tenants by the end of 2025, activating over 800,000 square feet of office space and bringing an additional 3,000 jobs to New York City.