New York City Economic Development Corporation

“Unearthing Our Legacy Together” shares the history of the Harlem African Burial Ground and our plan to honor the historic site with a new outdoor memorial and cultural education center and address affordable housing and jobs needs in East Harlem. Watch: https://lnkd.in/e6tHzJud

Summer 2026 is shaping up to be one for the books with FIFA World Cup, Sail 4th 250, and beach season, all converging on the NYC Harbor. Ahead of the 2026 FIFA World Cup, NYCEDC and the City of New York unveiled five custom-wrapped NYC Ferry vessels, each celebrating the unique spirit of one of New York’s five boroughs. NYC Ferry is also launching its most expansive summer schedule in system history! More trips, larger vessels on high-demand routes, expanded beach service, and the return of Rockaway Reserve and the Rockaway Rocket. Press Release: https://lnkd.in/eP8qK5Bv

The hottest event this summer? The Choose NYC Summit! On Tuesday, June 23rd, we’re bringing together over 100 companies looking to move/expand to the five boroughs for New York City's flagship business attraction conference. Space is limited – apply to attend at https://lnkd.in/exrarQJC.

Today we celebrated the opening of the first 880 all-affordable homes at Willets Point Commons and broke ground on Building 3, which will deliver an additional 220 units of affordable senior housing to the neighborhood. NYCEDC, alongside Queens Development Group (QDG) — a joint venture between Related Companies and Sterling Equities — NYC Department of Housing Preservation & Development and NYC Housing Development Corporation , worked together to turn a long-held vision for Willets Point into affordable housing, green space, and community for New Yorkers. The groundbreaking on Building 3 marks the start of the final chapter of Phase 1. In total, Phase 1 will bring 1,100 affordable homes to Queens. Phase 2 will bring 1,400 more affordable homes, bringing Willets Point to 2,500 all-affordable homes total — the largest affordable housing development in New York City in 40 years. Phase 2 will also deliver a new public school, 150,000+ sq ft of open space, spaces for local businesses, and Etihad Park, NYC’s first soccer-specific, all-electric stadium and future home of NYCFC, making Willets Point a thriving new neighborhood for all New Yorkers. Press release: https://lnkd.in/ehPXcuCr

🍎 Today, N.Y.C. Groceries is two steps closer to delivering affordable food for every New Yorker. Alongside Mayor Mamdani, we’re thrilled to announce The Peninsula in the Bronx as the second site for NYC’s municipal grocery stores, a historic win for Hunts Point! We’ve also officially launched the N.Y.C. Groceries Sites Portal, where property owners across Queens, Brooklyn, and Staten Island can submit their own site/s for consideration while we continue identifying grocery store locations in the remaining boroughs. Learn more: https://lnkd.in/epg8nVu3 Photo credit: Kara McCurdy | Mayoral Photography Office

Sunset Park is now home to 5 new tenants! We’re thrilled to welcome new tenants to the Brooklyn Army Terminal and MADE Bush terminal. Activating over 60,000 square feet of space, these new leases help further cement the district as a hub for manufacturing, innovation, and industrial growth. To learn more about the tenants, visit: https://lnkd.in/e-jgSU8t

Thanks for stopping by, Deputy Mayor Su!    Last week at EDC’s offices, our interim President & CEO Jeanny Pak spoke with Deputy Mayor of Economic Justice Julie Su, discussing the Deputy Mayor’s career journey and how her work has advanced economic justice. She also shared her reflections of the Mamdani Administration’s early accomplishments, and EDC’s key role in delivering a more equitable economy that ensures prosperity for all New Yorkers. 

This week, our VP of Accessibility Seema Malik represented NYCEDC at the National League of Cities’ Expanding Workforce Opportunities for All Learning Lab and shared the many ways our work and projects are strengthening workforce pipelines and economic opportunities to working people with disabilities. Together, we’re committed to expanding equality, dignity, and opportunity for all New Yorkers.

📊 New York City's labor force participation rate held steady and metro area office occupancy is up year-over-year, while Broadway attendance surged in April. Learn more in our latest Economic Snapshot at https://lnkd.in/eTGFZBsH.

Women’s health is emerging as one of the most compelling growth frontiers in life and health sciences—and NYC is at the center of that momentum. This week, we published “Women’s Health Innovation in NYC,” a comprehensive analysis of NYC’s advantages across talent, capital, and public policy and the opportunities in women's health for innovation, investment, and equitable impact. Learn more at https://lnkd.in/e4SfXstV. Read the full paper at https://lnkd.in/eyGinuCY.