New York City Economic Development General Information
New York City Economic Development (NYCEDC) is an economic development agency based in New York, New York. Established in 1991, the firm is the city's primary engine for economic development charged with leveraging the city's assets to drive growth, create jobs and improve the quality of life. The company uses its expertise to develop, advise, manage and invest in strengthening businesses and helping to create affordable housing, new parks, shopping areas, community centers and cultural centers. NYCEDC focuses on encouraging economic growth in each of the five boroughs of New York City by strengthening the City's competitive position and facilitating investments which build capacity, generate prosperity and catalyze the economic vibrancy of city life as a whole.