The NYC Economic Development Corporation is expanding the Founder Fellowship program to support more entrepreneurs in building tech and tech-enabled businesses. On July 22, 2022, NYC Economic Development Corporation issued a Request for Proposals (RFP) for operators to join the Founder Fellowship, a program that supports women and BIPOC entrepreneurs in the tech industry. (read more…)
Image Credit: NYCEDC
EDC announced the completed restoration of 54 acres of wetlands in Staten Island. On October 8, 2019, the New York City Economic Development Corporation announced the completed restoration of damaged coastline of 54 acres of wetlands in Staten Island. (read more…)
Intersection of Broadway and Dyckman Street in Inwood. Image credit: Daniel Case.
On August 8, 2018, the City Council approved the Inwood Neighborhood Rezoning amidst resident concerns and disapproval. Mayor Bill de Blasio and Council Member Ydanis Rodriguez celebrated the rezoning approval. The rezoning was developed over the course of three years and affects 59 city blocks in the northern Manhattan neighborhood. The Economic Development Corporation, together with the Department of Housing Preservation and Development, the Department of Citywide Administrative Services, and the Department of Small Business Services, proposed the land use actions to implement a comprehensive rezoning plan in accordance with the goals of the Mayor’s Housing New York: Five-Borough, Ten-Year Plan and began to implement the Inwood NYC Action Plan. (read more…)
Proposed development site bordered in red. Image credit: New York Botanical Garden
The request seeks proposals that incorporate a hotel, residential units, and retail space. On January 19, 2016, the New York Botanical Garden issued a request for proposals to construct a mixed-use development on an “acre-plus parcel” of land that sits at the south-east corner of Webster Avenue and Bedford Park Boulevard, which is directly adjacent to the Botanical Garden’s parking garage. The development would be part of a larger district-wide transformation that has been underway since 2011.
23rd Regiment Armory in Crown Heights
Department of Homeless Services operates a 350-bed men’s shelter in head house of landmarked Armory. On August 14, 2012, the City Economic Development Corporation issued a request for proposals from developers interested in leasing and reusing a 50,000-square-foot drill hall space in the 23rd Regiment Armory at the corner Bedford and Atlantic Avenues in Crown Heights, Brooklyn. The National Guard completed the Romanesque Revival-style Armory in 1895. The Landmarks Preservation Commission designated the building as an individual landmark in 1977. Since 1982 the Department of Homeless Services has used the Armory’s five-story head house as a 350-bed homeless shelter. EDC is seeking proposals to develop “neighborhood-serving uses” in the adjacent drill hall and enhance community access to the space. The selected developer would control the drill hall space through a triple net ground lease, which would require the developer to be responsible for operating expenses, insurance, repairs, and property taxes.
In a Reader
