Economic Development Corporation

Recent Headlines
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.

Upper East Side & Roosevelt Island »

Two More Tech Campuses Planned for New York

Tech campus bidders, Carnegie Mellon, NYU and Columbia, might all see their plans realized.

Manhattan »

City Launches Fashion Pop-Up Competition with Diane von Furstenberg

The city is hoping to help young fashion designers with a competition that offers free pop-ups as prizes.

Manhattan »

Black Friday Shoppers Shelled Out Nearly $1B in City Stores, Report Says

Shoppers spent nearly $1 billion on Black Friday in city stores, according to figures released Monday.

Harlem »

Theater at East Harlem's Julia de Burgos Cultural Center Gets New Operator

The Economic Development Corporation announced that three groups will reactivate underutilized theater space at the Julia de Burgos Cultural Center.