Economic Development

Economic Development

NYC must create new industrial development plan under council bill

The Adams administration is already looking at revamping outdated industrial zoning through its City of Yes zoning text amendment.


Tech start-up incubator heralded as sign of things to come

New York City Mayor Eric Adams called the new Civic Hall in Manhattan’s Union Square, a “laboratory for the entire country."

Heard Around Town

Vegan Mayor Eric Adams cuts the ribbon on Midtown steakhouse

The Theater District location was the third opening for the three brothers who run the chain of restaurants.

Interviews & Profiles

Rick Cotton on LaGuardia, World Trade Center, Port Authority Bus Terminal projects

The executive director of the Port Authority of New York and New Jersey has learned a thing or two about getting massive projects to the finish line.

Editor's Note

Editor’s note: Penn Station redevelopment plan deserves an RFP

A competitive selection process may be the best way to reimagine the nation’s busiest transit hub.


Brooklyn Army Terminal will host climate innovation pilot program

New York City Economic Development Corp. CEO Andrew Kimball announced the program’s launch at an economic and workforce development summit hosted by City & State.

Economic Development

Chip maker to build $100B manufacturing site near Syracuse

Micron’s commitment would mark one of the first major new investments by semiconductor companies following the passage of billions in incentives under legislation signed by Gov. Kathy Hochul this summer.

New York State

Should New York re-think its economic development approach?

Donnie Charleston, David Friedfel, Bruce Gyory, Jim Heaney and E.J. McMahon offer their input on how to shift course after losing Amazon’s HQ2.

New York State

Poll: Is New York’s economic development strategy working?

Amazon’s HQ2 controversy has drawn attention to New York’s economic development strategy – and proposed changes.

Andrew Cuomo

Does the program New York is using to lure Amazon actually work?

New York is offering Amazon up to $1.2 billion in Excelsior tax credits – here’s what that means.

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New York City Council

BIDs say commercial rent regulation bill is bad for business

New York City's business improvement district association comes out against the Small Business Jobs Survival Act.


New York City high schools should expand vocational education

New York City high schools should expand vocational education to train students for the jobs of the future.

Bill de Blasio

New Staten Island Amazon facility could exacerbate truck traffic

NYC’s freight plan aims to reduce congestion, but the state is subsidizing an Amazon fulfillment center that could exacerbate truck traffic.

New York City

Low-income New Yorkers are getting more economically hopeful

More low-income New Yorkers are hopeful that upward mobility is attainable, according to a report by the Community Service Society of New York, but it also finds that 2 out of 3 among them still feel they are in a precarious, if not worsening, economic situation.

Bill de Blasio

Why returning NYC’s freight transportation to the waterways won’t work

New York City has initiated a $100 million plan to try to solve the city’s age-old problems with freight transportation. But the city’s attempt to go back to the future by returning shipping to the waterways won’t solve many of the worst freight-traffic problems.

Andrew Cuomo

Ignore that Buffalo Billion conviction. We're legalizing pot!

The New York state Health Department officially recommended legalizing marijuana the day after Alain Kaloyeros, a former top economic development official, was convicted of corruption.