New York City Economic Development Corporation
What 30 Harry Styles Shows Can Do for the Penn District
The MSG residency will create a rare stretch of sustained visitor demand, testing its impact on hotel rates, retail performance and the neighborhood’s evolving commercial ecosystem.
NYC Projects Worth $1B Get Green Light
Two life science developments will expand the Kips Bay Science District by at least 2.5 million square feet.
NYC’s $454M Lab Project Tops Out
Skanska is building this facility, which is slated for completion in 2025.
Vornado, Blackstone JV to Build $350M Manhattan Film Studio
Construction will begin in the third quarter.
Office Revival Program Coming to Midtown Manhattan
In a bid to boost the city’s struggling market, the initiative will provide incentives for underperforming assets.
Skanska Lands $448M Contract to Build NYC Public Health Lab
The facility in Harlem will provide critical testing for response to public health emergencies.
Downtown Brooklyn’s Tallest Tower Opens
The project is the first of its kind to rise in the neighborhood since a 2004 rezoning.
New York City Will Invest $1B in Life Sciences
The plan doubles a previous $500 million commitment to make the city a leader in the industry.
$250M Manhattan Tech Hub Breaks Ground
The new facility in the city’s Union Square neighborhood will feature collaborative workspaces, market-rate space, flexible leases and tech training courses.
McLaren Joins Formula E on Brooklyn Racetrack
The site will be prepared for the event through a series of temporary and permanent enhancements ranging from barriers and security fences to gangways and sidewalks. The New York City Economic Development Corp. and The Port Authority of New York and New Jersey are also part of the group behind the project.