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Economic Development Corporation

By Michael Ewing 2/09 10:48am

manifest destiny east

That big thing in the corner is the Willets convention Center. (NYC EDC)

Does Queens Need Two Convention Centers?

After Mayor Bloomberg and the city won a key Willets Point case back in 2010, a slew of colleges and development companies are competing to redevelop the iron triangle. As part of Bloomberg's plan, a convention center—the first outside of Manhattan—will be a focal point of the project and will rocket Willets Point into "New York's next great neighborhood."

But now that the gigundo casino-and-convention complex is in the works at nearby Aqueduct, is there room for two convention centers in Queens? Read More

By Daniel Geiger 1/17 1:00pm

power broker

Angela Pinsky. (Photo by Kiki Conway)

What Does Seth Pinsky’s Wife Know About Real Estate? A Lot, It Turns Out.

Perhaps the best way to describe Angela Pinsky’s advocacy for the real estate industry is by saying that when she joined the Real Estate Board of New York almost two years ago, she didn’t see her job as much different from the one she was leaving in the mayor’s office.

“I work on a lot of the same issues,” said Ms. Pinsky, who married Economic Development Corporation head Seth Pinsky last summer. “The thing about the real estate industry, it’s very civic minded. Many owners are family businesses and there’s this strong tradition in the industry of wanting projects and policies that are best not just for the industry’s own interests, but for the entire city.

Read More

By admin 1/06/11 7:23pm

the alley

Why Silicon Alley’s Spat With the City Is Actually Good News

In recent months, New York's City's Economic Development Corporation has become increasingly involved in the booming New York tech scene.

The city greatly expanded its second annual Big Apps competition, Deputy Mayor Robert K. Steele stopped by Google's offices to announce that the city is wooing a top-flight engineering school, and the EDC even hosted a Read More

By Dana Rubinstein 11/10/09 1:27pm

It Depends on What Your Definition of Manufacturing Is

A software development company is in contract to buy two commercial condominiums in a Time Equities building, and it’s able to do so thanks largely to a bit of lexicographical acrobatics buried deep within the 2009 stimulus plan.In short, the verb “to manufacture” no longer means what you think it does, at least within the Read More

By Eliot Brown 9/10/09 5:55pm

IBO: Nets Arena a Net Financial Loss for City

The planned new Nets arena in Brooklyn is anticipated to result in a net loss of money for the city, a new report  from the city's Independent Budget Office has found, a change from the agency’s last report in 2005 that found a small financial gain. The report, released Thursday, comes a day after the Read More

By Matthew Schuerman 11/29/07 10:55pm

Lieber Says, ‘Call Me’

When City Councilman Hiram Monseratte said that land owners at Willets Point, Queens, did not think the city was engaged in “good faith negotiations” to relocate them, the president of the city's Economic Development Corporation took the opportunity to give out his phone number.

“I wouldn’t be surprised if they tell you that,” Read More

By Staff 2/06/07 6:48pm

Events for Wednesday, February 7, 2007

8:30 a.m. The board of directors for the city's Economic Development Corp will meet at 110 William Street. 8:30 a.m. Al D'Amato and Carl McCall discuss city and state government at Baruch College. 11 a.m. Sirius Satellite Radio announces they're launching a station dedicated to Frank Sinatra. Noon. Assembly Democrats convene for a meeting in Read More