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Press Release

NYCEDC Celebrates Major Accomplishments and Projects Across Each Borough in 2024

Dec 20 2024
Night view of the New York City skyline featuring the illuminated Statue of Liberty in the foreground and skyscrapers in the background.

As NYC Hits Record Highs in Employment and Labor Force Participation, NYCEDC Continues to Lead the Way in Economic Development

Advancing Transformative Projects Across New York City: From the Redevelopment of Brooklyn Marine Terminal to the Revitalization of Staten Island’s North Shore, to the Willets Point Transformation

NEW YORK, NY—New York City Economic Corporation (NYCEDC) today celebrated major accomplishments and project milestones in each borough over the past year and furthered its mission to create a vibrant, inclusive, and globally competitive economy for all New Yorkers. NYCEDC achieved numerous milestones and standout successes across its key areas of focus: strengthening business confidence; growing innovation sectors, focusing on equity; building neighborhoods where people live, learn, work, and play; and delivering sustainable infrastructure. NYCEDC made significant strides in advancing the goals of the Adams Administration’s ‘Harbor of the Future,’ a transformative effort to reimagine New York City’s waterfront and drive 21st-century growth and innovation.

“From day one, our administration has focused on creating a safer, more affordable New York City. In 2024, we continued to deliver on that vision and ‘Get Stuff Done’ for working-class New Yorkers,” said New York City Mayor Eric Adams. “Thanks to our extraordinary public servants, America’s safest big city got even safer this year, with overall crime down and thousands of illegal guns, mopeds, and ghost cars taken off city streets. We passed historic legislation to turn New York into a ‘City of Yes,’ shattered affordable housing records once again, and put billions of dollars back into New Yorkers’ pockets. We broke records for the most jobs and small businesses in city history and moved millions of trash bags off our sidewalks and into containers. But we know that there is even more we can do to continue to uplift working-class families. As we look to the future, our administration remains committed to keeping New Yorkers safe and making our city more affordable for the millions of New Yorkers who call our city home.”

“Citywide, the year 2024 was a time of execution and delivery of transformative economic development projects that create jobs, strengthen the city's economy in the long term, and uplift New Yorkers today,” said New York City First Deputy Mayor Maria Torres-Springer. “New York City has never had more jobs, labor force participation is at an all-time high, and we are clear-eyed about our mission in 2025. We will advance projects and programs that generate employment, promote affordability, and bolster our undebatable standing as the greatest city in the world.”

“With record high jobs and workforce participation, 2024 has been a monumental year for New York City’s economy with NYCEDC making historic investments throughout the five boroughs,” said New York City Economic Development Corporation (NYCEDC) President & CEO Andrew Kimball. “This year, we've launched the first-ever Green Economy Action Plan, alongside a new vision for transforming our waterfront into global hubs for the green economy, tech, and life sciences. We celebrated huge milestones within transformative projects, like our groundbreaking for ‘Etihad Park,’ the 25,000-seat soccer stadium at Willets Point and launching a new visioning process for the transformation of the Brooklyn Marine Terminal into a modern 21st-century port. Through several impact reports, NYCEDC has shown outstanding success at strengthening business confidence and building sustainable neighborhoods where people can live, work, learn, and play. We look forward to building on this year's achievements and working alongside our partners in government and the private sector as we head into 2025.”

Manhattan

SPARC Kips Bay

  • In February, NYCEDC announced a Request of Expressions of Interest (RFEI) to source a world-class tenant who will establish and operate a cutting-edge life sciences center at the Science Park and Research Campus (SPARC Kips Bay), a $1.6 billion public investment into a first-of-its-kind life sciences innovation, career, and education hub that will anchor the industry to New York City.
  • In May, NYCEDC released a Request for Proposals (RFP) for a construction management firm to manage the construction of the first phase of the project.
  • In June, NYCEDC announced the beginning of the Uniform Land Use Review Procedure (ULURP) for both SPARC Kips Bay and the Innovation East life science hub, beginning with Manhattan Community Board 6 voting in favor of both projects in September.
  • In September, NYCEDC announced Skanska as the construction manager to oversee the first phase, following the RFP released earlier in the year.

Additional Manhattan:

  • In January, NYCEDC announced the first round of recipients of the Manhattan Commercial Revitalization Program (M-CORE), which provides financial assistance, in the form of tax incentives, to support transformative renovations of aging, underperforming commercial office buildings located in Manhattan south of 59th Street. M-CORE is intended to help building owners decrease vacancies and attract world-class tenant companies, who are increasingly seeking high quality, amenity-rich office space.
  • In February, NYCEDC and New York City Mayor Eric Adams launched “Chinatown Connections,” a joint city and state investment that will dramatically improve the public space in Chinatown through redesigning Park Row and Chatham/Kimlau Square—making the area safer, more-pedestrian friendly, and more welcoming to both residents and visitors.
  • In March, NYCEDC and the Harlem African Burial Ground Initiative (HABGI) announced the selection of Bridge Philanthropic Consulting (BPC) as the lead consultant for the education and engagement services around the history and cultural impact of the historic Harlem African Burial Ground, location within the decommissioned 126th Street Bus Depot in East Harlem. Just a few months later, in June, NYCEDC and HABGI gathered to mark the next phase of archeological work within the site and pay respects to the legacy of African descendant contributions to the founding of Harlem.
  • In May, NYCEDC, Mayor Adams, NYC Department of Parks and Recreation (NYC Parks), and the Mayor’s Office of Climate & Environmental Justice (MOCEJ) broke ground on the Battery Coastal Resiliency project, a critical $200 million component of the overall Lower Manhattan Coastal Resiliency strategy.
  • In July, NYCEDC and NYC Parks cut the ribbon on the final phase of Pier 42, a large waterfront revitalization effort consisting of an eight-acre upland park and restrooms, representing a $33.6 million investment made by the city.
  • In October, NYCEDC and Mayor Adams announced Gansevoort Square, a new vision to transform approximately 66,000 square feet in the heart of the Meatpacking District into a 24/7 live, work, play, and learn community and cultural hub for New Yorkers.
  • In December, NYCEDC, NYC Health + Hospitals, and community stakeholders celebrated the ribbon cutting of a new flood protection system at Metropolitan Hospital in East Harlem—an initiative introduced in 2016 following Hurricane Sandy and growing climate risks.

The Bronx

  • In January, RFP submissions for the redevelopment of the Kingsbridge Armory closed and NYCEDC began the rigorous process of reviewing all proposals and selecting one that is financially viable and strikes a balance between addressing the needs of the local community and creating an economic engine for the wider area. A decision is being finalized, and the winning development will be announced very soon.
  • In March, Mayor Adams announced his administration won a $15 million grant from the U.S. Department of Transportation’s (USDOT) Charging and Fueling Infrastructure Grant Program that will help build a groundbreaking, freight-focused electric truck and vehicle charging depot at the Hunts Point Food Distribution Center, the busiest heavy trucking destination in New York state.
  • In June, NYCEDC, DOE and DCAS began the installation of solar panels and a battery storage system at New York City's first public school in the Bronx. The project will serve as a critical component of energy resiliency and is backed by a $10 million federal and city capital investment
  • In July, NYCEDC released an RFP for a developer to lease, develop, and operate the city’s first community-driven freight focused electric vehicle charging depot, a multi-purpose welcome center, and workforce development hub within the Hunts Point Food Distribution Center.
  • Also in July, NYCEDC, NYC Department of Cultural Affairs (DCLA), and Department of Citywide Administrative Services (DCAS) joined Bronx elected officials and community stakeholders to officially break ground on the $33 million renovation of The Bronx Museum, the largest contemporary art museum in New York City with 100 percent free admission.
  • This month, NYCEDC and the New York Public Library celebrated the ribbon cutting for the reopening of the Melrose branch in the Bronx. The $34.4 million renovation is part of New York City’s 10-year capital commitment to invest $100 million in five Carnegie libraries across the city. NYCEDC is managing the construction for all five library renovations.

Brooklyn

Brooklyn Marine Terminal

  • In May, Mayor Adams, New York Governor Kathy Hochul, and the Port Authority of New York and New Jersey announced a historic agreement between the City of New York, New York State, the Port Authority, and NYCEDC that will enable the city to transform the Brooklyn Marine Terminal into a modern maritime port and vibrant mixed-use community. The historic project includes the creation of a task force comprised of wide-ranging experts who will play a crucial role in informing the reinvestment and development of the terminal. The full task force, announced by NYCEDC in September, will engage with community members and stakeholders to better understand the opportunities, challenges, and ideas associated with the 122-acre site.
  • In September, Mayor Adams announced his administration won $260 million in grants from the Biden-Harris administration’s Bipartisan Infrastructure Law issued by the US Department of Transportation—funds that will support key infrastructure projects in New York City, including transforming the Brooklyn Marine Terminal into a modern, 21st-century maritime port and vibrant mixed-use community hub, as well as constructing a segment of the Manhattan Waterfront Greenway along 10th Avenue in Inwood.

Sunset Park

  • In November, NYCEDC announced an unveiling for the 36-acre historic Bush Terminal Campus in Sunset Park, including renaming the northern campus to MADE Bush Terminal—MADE stands for Manufacturers, Artisans, Designers, and Entrepreneurs. The new identity aims to better align with upcoming opportunities on the campus and NYCEDC’s goals for increasing manufacturing and business activity along the Sunset Park waterfront.
  • In December, NYCEDC, UPROSE, and Working Power announced the development of Sunset Park Solar, a project to bring clean, reliable, and affordable solar energy to Sunset Park residents and businesses.
  • Also in December, NYCEDC announced that all of its major assets in Sunset Park—the Brooklyn Army Terminal (BAT), Bush Terminal, and South Brooklyn Marine Terminal (SBMT)—reached major milestones in 2024, further advancing the future of South Brooklyn’s working waterfront, and establishing the area as an essential hub in Mayor Adams’ vision for the Harbor of the Future and turning Sunset Park into a center for clean tech innovation and manufacturing.

Additional Brooklyn

  • In May, NYCEDC and Downtown Brooklyn Partnership (DBP) held a ribbon-cutting ceremony to commemorate the opening of Abolitionist Place, a new 1.15-acre public space in the heart of Downtown Brooklyn.

Staten Island

  • In March, NYCEDC released an RFP to redevelop two parcels of vacant land located at the corner of Front and Canal Streets within the New Stapleton Waterfront on the North Shore of Staten Island—this RFP is a key part of the Adams’ Administration’s Staten Island North Shore Action Plan, that outlines a four-year roadmap for a clear and unified vision for the future of the North Shore.
  • In September—just adjacent to these two parcels—NYCEDC broke ground on 12 acres of interconnected waterfront open space on the New Stapleton Waterfront, continuing progress the administration has made on the Action Plan. In total, the New Stapleton Waterfront will bring over 21,000 mixed-income residential units, ground floor retail, a 600-seat public school, additional community facilities, and 12-acres of continuous open space currently under construction.
  • In December, NYCEDC and NYC Department of Transportation (NYCDOT) announced that concessions will return to the Staten Island Ferry in early 2025 and that Dunkin’ has been selected as the concessionaire—resuming on-board refreshments for the first time since before the COVID-19 pandemic.

Queens

Willets Point

  • In April, NYCEDC and Mayor Adams celebrated a historic win for affordable housing and economic development in the city of New York after the City Council voted to approve the Willets Point Phase 2 development as part of the Uniform Land Use Review Procedure (ULURP). The complete Willets Point Transformation—announced in November 2022—will feature the largest 100-percent affordable housing project in 40 years and include more than 150,000 square feet of new public open space, over 20,000 square feet of retail space, a 250-key hotel, and the city’s first soccer-specific stadium that will be privately financed by New York City Football Club (NYCFC).
  • In November, Mayor Adams announced two Project Labor Agreements (PLAs) with the Building and Construction Trades Council of Greater New York (BCTC) that will cover more than $1 billion in construction projects throughout the terms of the agreements, including generational infrastructure improvements at Willets Point.
  • In December, NYCEDC, Mayor Adams, NYC Councilmember Francisco Moya, Queens Borough President Donovan Richards, and NYCFC officially broke ground on Etihad Park, the first fully electric MLS stadium in the nation—this project will also deliver retail, food and beverage facilities, office space, and “City Square,” a plaza for community uses and events.

Additional Queens

  • In August, NYCEDC and the New York City Industrial Development Agency (NYIDA) announced the closing of a transaction to provide financial assistance to The VOREA Group and Mega Group Development in connection with the $14.2 million renovation of the Metropolitan Building—located in Long Island City’s Industrial Business Zone—into a mixed-use building for manufacturing and light industrial uses, including small scale production, artist workshops, technology incubators, fashion ateliers, and small studio users.
  • In November, NYCEDC released an RFP for the development of an 80-acre plot of city-owned land in College Point, Queens—the former site of the Flushing Airport that was decommissioned in 1984. Considerations for the site can include housing, in accordance with Mayor Adams’ Executive Order 43—requiring city agencies to review their portfolios for any potential housing development sites.

Transportation

NYC Ferry

  • In June, NYCEDC released an RFP for a sponsorship agency consultant that will help secure NYC Ferry’s first-ever naming rights sponsorship with a brand partner—a key component of the NYC Ferry Forward plan to help open new revenue streams to continue to lower the per passenger subsidy.
  • To mark two years since unveiling NYC Ferry Forward, NYCEDC in July announced new initiatives to support the vision for a more equitable, accessible, and fiscally sustainable citywide ferry system through a forthcoming new fare structure, increased access to younger New Yorkers, additional ride-facing upgrades, and increased creative revenue generating activities.
  • Also in June, NYCEDC revealed the system’s record-breaking seven million riders in Fiscal Year 2024, placing NYC Ferry on track to continue increasing ridership, while lowering the per passenger subsidy over 30 percent from its peak of $8.55.
  • In October, NYCEDC, NYC DOT, and DCAS announced that both the NYC Ferry and Staten Island Ferry will begin testing the use of renewable diesel fuel, a petroleum-free alternative to traditional diesel fuel.

Heliports

  • In October, NYCEDC announced a five-year renewal with Atlantic Aviation for operations of the East 34th Street Heliport, under new conditions to retrofit the heliport with the supporting infrastructure and charger installation of electric vertical take-off and landing (eVTOL) aircrafts once the Federal Aviation Administration (FAA) certifies the aircraft for commercial operations.
  • In December, after a competitive RFP process, NYCEDC selected Downtown Skyport as the new operator of the Downtown Manhattan Heliport (DMH), who carry out the vision announced with Mayor Adams in November 2023 to transform the heliport to support sustainable transportation and local deliveries—featuring the first-ever urban flight of an eVTOL aircraft.

Innovation Industries

Green Economy

  • In February, NYCEDC, Mayor Adams, and Mayor’s Office of Talent and Workforce Development (NYCTalent) announced the release of the Green Economy Action Plan—a first-of-its-kind plan that lays out a roadmap to growing the city’s green economy—to invest in jobs and sectors that will help the city combat climate change, and train and position New Yorkers to benefit from the nearly 400,000 projected ‘green collar’ jobs in New York City by 2040.
  • Also in February, NYCEDC, Mayor Adams, and NYC DOT activated the first of five public e-battery charging locations as part of the city’s new six-month pilot program to test safe, public charging of lithium-ion batteries by an initial group of 100 delivery workers—two of the five sites are housed at NYCEDC assets, the Brooklyn Army Terminal (BAT) and Essex Market.
  • In March, NYCEDC celebrated the advancement of two key commitments in the Action Plan that seek to revolutionize a green path forward for cleaner construction and low carbon buildings: the launch of the Clean and Circular: Design and Construction Guidelines and the selection of the first design and development teams at the NYC Mass Timber Studio.
  • Also in March, NYCEDC released an up to $100 million RFP for an operator to develop a world-class Climate Innovation Hub at the BAT in Sunset Park and advance New York City’s just transition to a green economy.
  • In April, NYCEDC announced further Green Economy Action Plan commitments with a new RFP that seeks to develop multiple sites across New York City for shared medium-and-heavy-duty (MHD) electric vehicle (EV) and fleet charging hubs, and the unveiling of the three climate technology companies selected to participate in the second cohort of the Pilots at BAT program, including Matcha EV.
  • In April, NYCEDC and NYCIDA announced another advancement of the Green Economy Action Plan to develop a clean and renewable energy system through four approved battery energy storage sites in Queens and Staten Island.
  • In May, NYCEDC and NYCIDA celebrated another Action Plan advancement, with the approval of the East River Energy Storage Project in Astoria, Queens - NYCIDA’s largest battery energy storage project to date, able to hold up to 100 megawatts (MW) and power over tens of thousands of households once completed.
  • In June, NYCEDC, Governor Hochul, Mayor Adams, and Equinor Wind US, and the Sustainable South Brooklyn Marine Terminal, L.P. (SSBMT) began construction of what will be one of the nation’s largest dedicated offshore wind ports at the South Brooklyn Marine Terminal (SBMT) in Sunset Park, Brooklyn.
  • Also in June, NYCEDC released an RFP that seeks a consultant to operate We Source NYC, a comprehensive technical assistance and communications program that will support local small-and-medium-sized manufacturers, construction service providers, and local industrial equipment suppliers to capture contract opportunities in the growing offshore wind (OSW) supply chain.
  • In September, building off the Green Economy Action Plan, NYCEDC announced the full, newly–formed Green Economy Advisory Council—tasked with advising NYCEDC on flagship commitments to address the climate crisis, advance a just transition towards a clean energy future, spark new cutting-edge innovation, and generate tremendous economic opportunity for all New Yorkers.
  • In November, NYCEDC, The Trust for Governor’s Island (TGI), and Brooklyn Navy Yard Development Corporation (BNYDC) held its first ever Climate Technology Showcase—highlighting the collective impact of piloting across the harbor and providing additional opportunities for participating companies to grow and scale their businesses in New York City. Together, the three mission-aligned public entities with sites along the New York Harbor, and connected by NYC Ferry, are committed to making New York City the global capital of climate innovation through piloting programs, leases, workforce developments, and regulatory wayfinding.

Technology

  • In February, NYCEDC unveiled the selection of 60 diverse tech founder teams from across the city to participate in the third installation of NYCEDC’s signature Founder Fellowship program, designed to address inequities in the tech ecosystem and empower New Yorkers to seize entrepreneurial opportunities in the industry.
  • In April, NYCEDC, the Tech Talent Pipeline within NYC Talent, and the Tech Incubator at CUNY Queens College (TIQC) announced the launch of NYC Node, an applied learning program and New York City’s first investment in blockchain infrastructure to run the blockchain node at TIQC.
  • In September, NYCEDC released an RFP to source one or more operators for thew New York City Startup and Venture Capital (VC) Internship Programs, which consists of two workforce development programs: the continuation of the NYC Startup Internship, and the addition of the NYC VC Internship.
  • In October, NYCEDC announced the continuation of its flagship tech startup accelerator program, the Founder Fellowship, and the launch of applications for the 2025 program edition.
  • In November—in celebration of the program’s first year—NYCEDC released Venture Access NYC: Building an Inclusive Tech and Venture Ecosystem for New York City’s Future, a comprehensive report introducing a new independent study of diversity among VC firms in the Venture Access Alliance (VAA), a coalition of startup investors who believe New York City’s diversity is one of its greatest strengths and opportunities for growth.

Life Sciences

  • In February, NYCEDC and Genspace, the world’s first community biology lab, announced the launch of its groundbreaking workforce development program, Break into Biotech, in New York City.
  • In September, NYCEDC and CURE, supported by Deerfield Management, announced the two winning teams of the fourth annual XSeed Award. The program is dedicated to supporting women- and minority-led life science startups in New York City by providing critical funding to bridge the gap from promising preclinical drug development research to the marketplace and commercial success.
  • In October, NYCEDC and Life Science Cares NY hosted the second annual Life Sciences Day, showcasing diverse career opportunities within the biotech, life sciences, and healthcare sectors to New York City high school students.
  • In October, NYCEDC joined the Chan Zuckerberg Initiative (CZI), State and City leaders to launch Chan Zuckerberg Biohub New York, which is catalyzing collaboration among scientists in the New York area from Columbia University, The Rockefeller University, and Yale University, to harness and bioengineer immune cells for the early detection, prevention, and ultimately treatment of a wide variety of human diseases.
  • NYCEDC’s Life Sci NYC Internship Program completed its seventh year, serving over 800 interns. The City of New York's innovative, paid internship program develops the City's next generation of life sciences leaders.

Creative

  • In November, NYCEDC, in partnership with the Council of Fashion Designers of America, Inc. (CFDA), announced the 2024 Fashion Manufacturing Initiative (FMI) Grant Fund recipients, continuing the support of the New York City fashion manufacturing sector.
  • In December, NYCEDC, in conjunction with NYU Tandon School of Engineering, officially opened and launched applications for New York City’s new digital game design incubator—the Game Design Future Lab (GDFL)—within NYU Tandon Future Labs, a startup incubator network operator founded 15 years ago with initial funding from NYCEDC.

Women.NYC

  • In February, NYCEDC announced the next phase of the Women.NYC Initiative—Women.NYC: Pivot to Growth—a cohort bridge program designed to facilitate career and entrepreneurial pivots for women of color in early to mid-career stages to forge a career path in New York City’s emerging industries, namely, technology, green economy, and life sciences.
  • In November, NYCEDC released an impact report on the success of the inaugural year of the Women.NYC ‘The Network’ initiative, a social capital building suite of programs designed to connect women in New York City with resources to help them excel and identify opportunities in emerging high-growth industries.

NYC’s Economic Impact (Reports)

  • In January, NYCEDC released a report, New York City’s STEM Ecosystem: Growth, Diversity, and Competitive Advantage, outlining growth and trends in New York City’s STEM ecosystem, and the shift toward an economy driven by innovation in science and technology. New York City STEM employment grew by about 130,000 jobs over the past decade.
  • In April, NYCEDC announced that combined New York Yankees and New York Mets regular home games were projected to generate over $950 million in economic impact for New York City over the course of the 2024 season.
  • In May—Small Business Month—NYCEDC announced that New York City has more small businesses than ever recorded in city history at 183,000, and released a new report, NYC’s Small Business Recovery: Patterns of Growth in a Changing Economy.
  • In October, NYCEDC and Mayor Adams announced that the 2024 Major League Baseball (MLB) and Women’s National Basketball Association (WNBA) in New York City had already generated nearly $200 million in economic activity from the home games of their respective playoff runs.
  • In November, NYCEDC released a new report, Academia in New York City: Shaping the Future of NYC’s Economy, offering key metrics around the scope, size, and economic impact of New York City’s higher education sector.
  • In December, NYCEDC and Mayor Adams released a report, Festive Spending: The Impact of the Holiday Season on NYC Retail, showing holiday season shopping in New York City has fully recovered following the COVID-19 pandemic, attracting up to 4.4 million daily visitors, creating 14,000 new jobs, and pouring over $500 million into the city’s local economy.
  • In 2024, NYCEDC released 12 monthly ‘Economic Snapshot’ reports, which assemble and highlight data from key sources that are tracked most closely in measuring the strength of New York City’s economy.

Building a Diverse and Inclusive Economy

  • In January, the Adams Administration unveiled “Women Forward NYC: An Action Plan for Gender Equity,” a more than $43 million investment aimed at making New York City a national leader on gender equity, with the ambitious goal of becoming the most women-forward city in the United States.
  • Also in January, NYCEDC announced that New York City Neighborhood Capital Corporation (NYCNCC), a Community Development Entity (CDE) managed by NYCEDC, received $50 million in New Markets Tax Credits from the U.S. Department of the Treasury to support impactful projects in low-income areas of New York City.
  • In May, NYEDC announced its Executive Committee approved the NYC Catalyst Fund’s (NYCCF) first two proposed investments, committing up to a combined $11 million to Harlem Capital and Maycomb Capital—New York City-based fund managers with missions that align with the NYCCF’s impact and financial objectives.
  • In June, NYCEDC and the Department of Small Business Services (SBS) announced the selection of Tuatara Capital as investment manager of the Cannabis NYC Loan Fund, which will provide affordable and flexible capital to early-stage cannabis businesses to promote the development of an equitable cannabis industry in New York City.
  • In October, NYCEDC, SBS, and Tuatara Capital then officially launched applications for the first phase of the Cannabis NYC Loan Fund, who will have access to an initial deployment tranche of $2 million in funding.

Global Collaboration

  • In March, NYCEDC and the U.S. Department of State hosted a group of members of foreign media outlets aboard a NYC Ferry to showcase NYCEDC’s projects across the New York City Harbor.
  • In May, NYCEDC President & CEO Andrew Kimball led a New York City delegation to Norway for a tour of the Sjursøya container terminal in Oslo to inform sustainable waterfront development, explore offshore wind power, and speak with the private sector about green technologies.
  • In November, NYCEDC signed a new memorandum of understanding with the Tokyo Metropolitan Government (TMG), committing both cities to mutually support New York City-based businesses looking to expand in Tokyo and vice-versa.
  • Also in November, NYCEDC President and CEO Andrew Kimball attended the AIVP World Conference in Lisbon Portugal, convening the International Association of Cities and Ports, to announce New York City as the host of next year's global conference.

About NYCEDC
New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: 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. To learn more about what we do, visit us on Facebook, Twitter, LinkedIn, and Instagram.