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New York City Economic Development Corporation

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241:, formerly of PDC prior to its merger with FSC, was the first president of NYCEDC under the Dinkins administration. Weisbrod was succeeded by Charles Millard and Michael G. Carey under the Giuliani administration, followed by Andrew Alper, the first president appointed to the position during the Bloomberg administration. Robert C. Lieber was appointed in January 2007 and served until Mayor Michael R. Bloomberg appointed him as Deputy Mayor for Economic Development & Rebuilding in December 2007. Seth Pinsky served as President from February 2008 to August 2013. 349: 315: 254:. Applied Sciences NYC is expected to more than double the number of both full-time graduate engineering students and faculty in New York City. Over the next three decades the Applied Sciences NYC initiative is expected to generate more than $ 33 billion in overall nominal economic impact, add over 48,000 jobs, and launch nearly 1,000 spin-off companies. The Applied Sciences NYC initiative also includes the establishment of a campus in 918: 93: 25: 231:, among other activities. The second major merger partner was the Financial Services Corporation (FSC) originally formed in 1979 as the NYC Economic Capital Corporation to administer government financing programs that promote business expansion in New York City. Formation of the NYCEDC followed recommendations from the consulting firm 249:
One of NYCEDC’s largest initiatives to date is Applied Sciences NYC, a competition to create a new world-class engineering campus in NYC. In December 2011, Mayor Bloomberg announced the selection of a historic partnership with Cornell University and the Technion-Israel Institute of Technology to
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New York City Industrial Development Agency (NYCIDA) is a public benefit corporation under New York State law that provides companies with access to tax-exempt bond financing or tax benefits to strengthen and diversify the City’s tax and employment base, helps businesses locate and expand their
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New York City Capital Resource Corporation (NYCCRC), also administered by NYCEDC, is a local development corporation that provides lower-cost financing programs for eligible capital projects to qualified not-for-profit institutions and manufacturing, industrial, and other businesses.
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NYCEDC has been involved in plans to redevelop miles of the City’s working waterfront. It states that it helps improve public access to waterfronts through projects such as the construction of the East River Waterfront Esplanade along a two-mile shorefront of Lower Manhattan.
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partners was the Public Development Corporation (PDC), formed in 1966 to rescue the City from its then-deteriorating economy by selling City property and leasing industrial space. PDC was responsible for construction of the
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NYCEDC was formed in 1991 as the result of a merger of two major not-for-profit and a handful of minor corporations which performed economic development services for the City. One of the major
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for New York City. NYCEDC gives its mission as strengthening business confidence in New York City, diversifying the city's economic sectors, and delivering sustainable infrastructure.
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Size of the Board of Directors was based on counting the number of names in the list. Based on past member lists, the number of board members is not constant.
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developed by a consortium led by NYU that focuses on the challenges facing cities, and a new institute for data sciences at Columbia University.
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operations within New York City, and encourages economic development by retaining jobs and creating new ones. NYCIDA is administered by NYCEDC.
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In 2015, Mayor Bill de Blasio appointed 10 new members to the board of directors and As of April 2018, its board of directors has 27 members.
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appoints seven members, including the chairperson. Ten additional members are appointed by the Mayor from nominees of the
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create a groundbreaking, two-million-square foot applied science and engineering campus on Roosevelt Island, to be called
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Please help update this article to reflect recent events or newly available information.
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Organising Local Economic Development: The Role of Development Agencies and Companies
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Nelson A. Rockefeller Empire State Plaza Performing Arts Center Corporation
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New York State Thoroughbred Breeding and Development Fund Corporation
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New York State Foundation for Science, Technology and Innovation
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Agriculture & New York State Horse Breeding Development Fund
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NYCEDC's joint projects with New York City as of 2018 include:
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New York State Energy Research & Development Authority
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McCartney/O'Connell, Robert/Jonathan (February 14, 2019).
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Economic development organizations in the United States
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Board on Electric Generation Siting and the Environment
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Municipal Assistance Corporation for the City of Troy
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Rochester-Genesee Regional Transportation Authority
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Municipal Assistance Corporation for the City of NY
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New York State Environmental Facilities Corporation
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Carey Battery Park City Authority 1919:Capital District Transportation Authority 1794:New York State Archives Partnership Trust 73:Learn how and when to remove this message 1864:Tobacco Settlement Financing Corporation 1844:Power Authority of the State of New York 1724:New York State Authorities Budget Office 1984:Nassau County Interim Finance Authority 1964:Lower Manhattan Development Corporation 881: 866: 515: 490:. The other campus would be located at 2049:United Nations Development Corporation 2039:Roosevelt Island Operating Corporation 2019:Olympic Regional Development Authority 1939:Erie County Medical Center Corporation 1934:Erie County Fiscal Stability Authority 1732:New York State Financial Control Board 1663:New York State Law Revision Commission 1658:New York State Financial Control Board 1210:Housing Preservation & Development 752:"Amazon's HQ2? Make That Q for Queens" 34:contains content that is written like 16:Nonprofit long-term business attractor 2054:Utility Debt Securitization Authority 1969:Metropolitan Transportation Authority 1819:New York State Housing Finance Agency 1510:Corrections and Community Supervision 7: 2210:1991 establishments in New York City 2159:Ogdensburg Bridge and Port Authority 1764:Empire State Development Corporation 1653:Legislative Bill Drafting Commission 276:Speaker of the New York City Council 109:Financial Services Corporation (FSC) 106:Public Development Corporation (PDC) 1914:Buffalo Fiscal Stability Authority 1904:Albany Convention Center Authority 1859:State University Construction Fund 1779:New York Job Development Authority 1333:Health & Hospitals Corporation 1262:Records & Information Services 725:Rizzi, Nicholas (April 27, 2021). 14: 2215:Organizations established in 1991 1849:State of New York Mortgage Agency 1648:Joint Commission on Public Ethics 1287:Youth & Community Development 1225:Landmarks Preservation Commission 890:"East River Waterfront Esplanade" 198:economic development organization 2024:Overcoat Development Corporation 1834:New York State Thruway Authority 1799:New York State Canal Corporation 1668:Public Authorities Control Board 1328:Office of Chief Medical Examiner 1323:Economic Development Corporation 1108:Citywide Administrative Services 916: 313: 142:economic development corporation 23: 2154:Niagara Falls Bridge Commission 2004:New York State Bridge Authority 1909:Albany Port District Commission 1358:Taxi & Limousine Commission 568:Smothers, Ronald (1979-07-19). 2182:(interstate and international) 1989:Nassau Health Care Corporation 1643:Commission on Judicial Conduct 1122:Consumer and Worker Protection 1: 2205:Investment promotion agencies 2014:North Country Power Authority 1313:Business Integrity Commission 2123:Green Island Power Authority 2077:Industrial Exhibit Authority 1540:Children and Family Services 476:government of New York State 474:was in final talks with the 284:In April 2021, restaurateur 196:that serves as the official 2102:New York Racing Association 1959:Long Island Power Authority 1318:Conflicts of Interest Board 1303:City University of New York 1193:Health & Mental Hygiene 977:Government of New York City 780:. Amazon. November 13, 2018 675:"NYCEDC Board of Directors" 122:; 33 years ago 2236: 1728:New York State Comptroller 1525:Environmental Conservation 194:public-benefit corporation 2172: 1480:New York state government 1277:Technology and Innovation 1137:Design & Construction 1070:Independent Budget Office 983: 502:Waterfront rehabilitation 322:This article needs to be 90: 2029:Port of Oswego Authority 1164:Environmental Protection 1944:Hudson River Park Trust 1774:National Heritage Trust 1495:Agriculture and Markets 1272:Small Business Services 288:was named as chairman. 2097:Adirondack Park Agency 1240:Parks & Recreation 639:"Applied Sciences NYC" 496:Crystal City, Virginia 466:Controversial projects 458:Brooklyn Army Terminal 353: 233:McKinsey & Company 221:Brooklyn Army Terminal 1235:Management and Budget 986:New York City Charter 417:Willets Point, Queens 407:Gotham Center, Queens 351: 55:neutral point of view 1587:Taxation and Finance 1515:Economic Development 1159:Emergency Management 924:New York City portal 663:. 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