Public Projects
NYCEDC drives the physical transformation of New York City, completing major infrastructure upgrades and encouraging the creation of new residential and commercial districts. NYCEDC implements capital projects that facilitate the use of strategic and/or underutilized property for economic development purposes. It also conducts real estate planning and feasibility studies, working with other City agencies to develop area-wide development plans; guides development plans and projects through necessary public approvals; negotiates public-private partnerships; and performs financial analyses.
NYCEDC is currently working with the City on a number of projects and initiatives, including:
- Hunts Point, Bronx
- Coney Island, Brooklyn
- Sunset Park Waterfront, Brooklyn
- 125th Street (Manhattan) in Harlem
- Essex Street Market, Manhattan
- High Line (New York City)
- The Hub, Bronx at 149th St
- Sunset Park, Brooklyn
- Downtown Jamaica Initiatives, Queens
- Gotham Center, Queens
- Hunter's Point South, Queens
- Willets Point, Queens
- East River Ferry Service
- New Stapleton Waterfront, Staten Island
- St. George Terminal, Staten Island
In the past, NYCEDC has successfully implemented a variety of development initiatives throughout New York City, including the revitalization of East New York Industrial Business Zone, the Bronx reconstruction of Pepsi-Cola Bottling Company of New York, the Yankee Area Stadium Redevelopment, and the completion of capital improvements on the Staten Island Ferry Whitehall Terminal, to name a few.
Read more about this topic: New York City Economic Development Corporation
Famous quotes containing the words public and/or projects:
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—Charles Dickens (1812–1870)
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (1874–1946)