Tag: nycedc

Boomtown: New York City economy set employment records and gained unprecedented strength, report finds

New York City

Jan. 7, 2025 By Jada Camille New York City’s economy has new records in employment and labor force participation, according to the city Economic Development Corporation’s (NYCEDC) inaugural “State of the Economy” report. According to the report released Tuesday, the city boasts a record-high average of 4,151,400 private sector jobs and a labor force…

‘Major step closer’: Massive Willets Point transformation project enters city’s land use approval process

06 SOUTHEAST AERIAL

Oct. 16, 2023 By Bill Parry The city’s arduous public review process is underway for the massive plan to build a new neighborhood at Willets Point. The New York City Economic Development Corporation (NYCEDC) announced Monday the formal beginning of the Uniformed Land Use Review Process, known as ULURP, for the city’s largest all-affordable housing…
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