Image Courtesy of NYCEDC “Race for Space” Strategy Offers Bold Vision to Energize City’s Office Market, Attract National and International Companies as Anchor Tenants to Offices, Advance Ambitious Goal of 50 Million Square Feet of Total Leasing by End of 2025, and Create Thousands of Jobs Over Next Three YearsContinue Reading
Photo Courtesy of NYCEDC Request for Proposals Outline Vision for Up to 600 Units of Mixed-Income Housing with Goal of 50 Percent as Permanently Affordable, Ground Floor Retail Part of Broader Commitment to Cement Meatpacking District as Premier Global Destination and Economic Engine Announced in Mayor Adams’ Fourth State ofContinue Reading
Free Online Tax Filing for Millions of New Yorkers Starting on January 27th Taxpayers Can Save Hundreds in Tax Prep Fees Governor Kathy Hochul today urged New Yorkers to consider using the Direct File program in New York State to ease the burden of filing taxes. The joint project withContinue Reading
Roc Nation has partnered with South Korean fintech company Musicow, a Music Equity Service Provider (MESP) that enables music rights owners to buy, sell, and trade shares in music royalty revenue with public investors. This partnership embodies a shared vision of empowering superfans to earn revenue alongside their favorite artistsContinue Reading
This rendering shows the proposed main terminal’s facade on 40th Street. Credit: Foster + Partners & Epstein Up to $1.9 Billion from Transportation Infrastructure Finance and Innovation Act (TIFIA) Loan Program Approved by U.S. Department of Transportation for First Phase of Construction Federal Loan Adds to Financing Plan for FirstContinue Reading
Image Courtesy of NYCDOT Microhub Zones Provide Safe, Dedicated Spaces for Truck Operators To Transfer Deliveries Onto Safer and More Sustainable Modes of Transportation for the Last Leg of Delivery The First Microhub Zones Will Be Established on Upper West Side, in Greenpoint, and in Clinton Hill New York CityContinue Reading
Photo Courtesy of NYCEDC Building on City’s Back-to-Back Record-Breaking Years for Supporting Minority-and-Women-Owned Businesses and Awarding $6.4 Billion in Total M/WBE Contracts During Fiscal Year 2024 Study to Evaluate Opportunities for M/WBEs in Commercial Real Estate Development Industry, Building Upon New York City’s Previous Study Findings and Recommendations New YorkContinue Reading
Photo Courtesy of NYCEDC Report Shows New York City Hit Record-High Employment and Labor Force Participation, Is Top Destination for Talent, and Has Diversifying Economy with AI Transformation Underway Nearly Five Years Since the Start of Covid-19, Office Vacancy, Commercial Real Estate Supply, Remote Work, Tourism, and Population Have StabilizedContinue Reading
Photo Courtesy of NYCEDC El Centro Kingsbridge Will Include Event Space, Sports Fields, Cultural, Commercial and Community Spaces in Phase One, Affordable Housing in Phase Two Plan Informed by “Together for Kingsbridge Vision Plan,” Backed by $215 Million City, State, and Federal Investment Phase One of the project envisions aContinue Reading
Photo Courtesy of NYCEDC A groundbreaking report, Banking on Climate: The Mortgage Lending Opportunity in Building Decarbonization, was released, showcasing the immense potential for mortgage lenders to drive the transition to a greener built environment. Co-authored by experts from NYC Economic Development Corporation (NYCEDC), the NYU Stern Center for Sustainable Business (NYU SternContinue Reading