New York City Economic Development Corporation - Responsibilities

Responsibilities

  • Develops real estate, using partnerships between the public and private sectors to stimulate the economy
  • Provides business, economic, and policy advice to the City, not-for-profit, and for-profit private sectors to help attract and retain world-class companies and professionals
  • Manages City properties and assets, including manufacturing and distribution hubs and other infrastructure
  • Invests in and provides financial tools that allow businesses and not-for-profits to grow and generate new jobs and revenue

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