Economic Development Corporation

Recent Headlines
Central Harlem »

Robust Interest in Redeveloping Gas Station near Central Park, EDC Says

Several developers expressed interest in building housing, retail and community space at the site.

Springfield Gardens »

City Begins $69M 'Green' Sewer Upgrade in Southern Queens

The city is beginning work on an upgrade to Springfield Gardens' water and sewer infrastructure.

Lower East Side »

Search for Former SPURA Tenants Ratchets Up With Development Plan in Place

Tenants of SPURA's former tenements will be given priority in new affordable housing to be built there.

Greenwich Village »

City Plans Competition to Help Fix Pier 40 and Downtown Waterfront

The city is seeking "innovative" ideas to save crumbling underwater structures.

Lower East Side »

SPURA Development Plan on Lower East Side Gets City Planning Approval

The multi-block development is making its way through the city's land-use reveiw process.

Crown Heights »

City Asks Developers to Transform Crown Heights' Huge Bedford Armory

The city is seeking proposals for 50,000 square feet of space in the Bedford-Atlantic Armory

Lower East Side »

Affordable Housing and Essex Street Market Top SPURA Concerns

The Seward Park Urban Renewal Area development plan was discussed at a City Planning hearing Wednesday.

New York City »

Attorney General Announces Deal After EDC Found Guilty of Illegal Lobbying

The EDC illegally lobbied the City Council behind the scenes, the Attorney General's office said.

St. George »

Staten Island Ferris Wheel Could be Top Tourist Destination, Mayor Says

Mayor Bloomberg said the proposed London Eye-style wheel would be a huge tourist draw for Staten Island.

St. George »

City to Turn Former Staten Island Coast Guard Station Into Cultural Space

The city is seeking proposals to turn an old Coast Guard building in St. George into a cultural facility.

Central Harlem »

City Plan to Redevelop Gas Station near Central Park Met with Opposition

City Councilwoman Inez Dickens says the city needs to keep the BP gas station near Central Park North.

Central Harlem »

City Wants to Turn 125th Street Garage Into Office and Cultural Space

The parking garage at 121 West 125th St. is slated to also have cultural exhibition space.

East Village & Lower East Side »

Residents Sound Off on Long-Awaited Lower East Side Redevelopment Plan

Community Board 3 held a public hearing on the Seward Park Urban Renewal Area April 18, 2012.

Manhattan »

Odds for Love in New York Favor Young, Single Ladies

There are more never-married New York single men than women between the ages 20 and 34.

Fordham & Tremont »

Kingsbridge Armory Redevelopment to Get New Lease on Life

The mayor is expected to announce the revival of the Kingsbridge Armory in his State of the City address.