From military supply base to NYC’s largest publicly owned industrial campus, Brooklyn Army Terminal continues to drive NYC’s industrial economy.
NYCEDC’s Bridget Chansakul joined @IndustryToday to discuss BAT’s history and future.
Listen here: bit.ly/47wSTHE
Growth means the most when every New Yorker gets to share in it. Thanks to @dmjuliesu and the NYC Workforce Funders Collaborative for a great conversation with @NYCEDCPresident about turning investment in our key industries into more pathways to good paying jobs.
NYC's unemployment rate held at 4.8% in September, down from 5.7% at the start of the year, and the Black unemployment rate fell to 7.3%, now below pre-pandemic levels.
Check out this month's Economic Snapshot to learn more.
edc.nyc/sites/default/files/…
Meet our new Spotlight of the Month, a deeper dive into what's shaping NYC's economy. First up: immigrant New Yorkers, who are 25% more likely to be entrepreneurs and own roughly 60% of the city's storefront businesses.
Read more in our Economic Snapshot edc.nyc/sites/default/files/…
NYCEDC retweeted
For decades economic development has relied on tax breaks and subsidies for the largest corporations, a trickle-down approach that too often falls short.
@NYCMayor and @NYCEDC are charting a new path.
In the first deal of its kind in NYC history, the public is investing $30 million in a quantum lab - in exchange for three board seats and 15% of the revenue generated from technology it creates.
And if any firm coming out of the lab merges, gets acquired, or IPOs, the city gets a payout.
When public dollars are invested, the public should share in the wealth and innovation those investments create.
nytimes.com/2026/10/14/nyreg…
"The opportunity is real, the mechanics work, and the returns—both social and financial—are proven."
Paul Nair, founder of Savi Provisions and operator of Atlanta’s municipal Azalea Fresh Market, makes the case for public-private grocery partnerships.
progressivegrocer.com/op-ed-…
When asked if a socialist mayor can be successful in NYC, @NYCEDC CEO Anthony Shorris said people from across the political spectrum would agree that “providing a more equitable society” is the job of any mayor.
More from @POLITICOLive's New York Outlook👇
NYC is investing $29.2M in NYU's new Quantum Fabrication Facility!
Expected to support 100+ companies, QFab will help advance quantum innovation, create career pathways and expand economic opportunity for New Yorkers.
Learn more: edc.nyc/press-release/mayor-…
Ready to relaunch your career? NYCEDC's Rebuilding Futures Returnship Program offers a paid, six-month opportunity for experienced professionals returning to work after a career break.
Bring your skills and experience back to work. Apply now: edc.nyc/program/rebuilding-f…
Just over a month in, and our @NYCEDCPresident is already hitting the ground running! 🎉 From 1:1 conversations to citywide stages, it's been a busy first month building a New York that works for everyone.
For decades, Hispanic families have given the Lower East Side so much of its flavor. That sazón lives on in Loisaida, and inside Essex Market, too. #HispanicHeritageMonth
In East Williamsburg, the people make the place. Regulars, families, neighbors stop by just to say hola. They're what make Moore Street Market feel like home, and make sure la comunidad is always in the room. #HispanicHeritageMonth
Watch here: instagram.com/reel/DePuA1JFA…
New York City’s gaming industry continues to grow! 🎮
Together with @NYUTandon, NYCEDC is welcoming nine companies to the second cohort of the NYC Game Design Future Lab, helping gaming and creative tech startups grow in NYC.
Game on! 🚀
Have questions about the Brooklyn Marine Terminal project?
Join NYCEDC for virtual public drop-in hours on October 29 to connect with the project team, ask questions, and share what matters most to you.
Register: bit.ly/4ARrq0I



























