June is the city’s fifth consecutive month of continued private sector job growth. On July 22, 2022, the NYC Economic Development Corporation (EDC) announced in its monthly Economic Snapshot that 22,100 private sector jobs were added in June in NYC.
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DDC Announces First-Ever Pre-Qualified List for M/WBE General Contractors’ Benefit
On July 13, 2022, the NYC Department of Design and Construction (DDC) Commissioner Thomas Foley announced the creation of the City’s first Pre-Qualified List, strictly for Minority- and Women-Owned Business Enterprises general contractors. The Pre-Qualified List was designed to provide Minority- and Women-Owned Business Enterprises general contractors with first dibs over Department of Design and Construction projects between $500,000 and $2.99 million. In this way, construction contracts can be awarded faster and projects can be … <Read More>
COMMENTARY: Could Landmarks Have Saved Dangler House? City Should Conduct Post-Demolition Official Review
On July 21, 2022, the Jacob Dangler House at 441 Willoughby Avenue in Bed-Stuy, Brooklyn, was demolished less than two weeks after the Landmarks Preservation Commission held a public hearing to consider its designation as an Individual Landmark. Despite the attempt by Landmarks to save the Dangler House by commencing the designation process, the Commission has been criticized for not acting quickly enough. Could Landmarks have actually done more?
Jefferson Market Public Library Completes Necessary Upgrades
On July 14, 2022, a ribbon-cutting ceremony was hosted celebrating the completion of a $10 million project for vital upgrades to the Jefferson Market Public Library located in Greenwich Village, Lower Manhattan. This project began in 2019, is part of a $600 million project for capital improvements across the New York Public Library system and was led by the NYC Department of Design and Construction in conjunction with NSP Enterprises, Inc. and was designed by … <Read More>
City Seeks Proposals from Startup Operators to Support Underrepresented Tech Founders
The NYC Economic Development Corporation is expanding the Founder Fellowship program to support more entrepreneurs in building tech and tech-enabled businesses. On July 22, 2022, NYC Economic Development Corporation issued a Request for Proposals (RFP) for operators to join the Founder Fellowship, a program that supports women and BIPOC entrepreneurs in the tech industry.
New Hudson Square Business Improvement District Streetscape Unveiled
Hudson Square Business Improvement District was unveiled, marking the completion of the Business Improvement District’s 10-year Master Plan. On July 12, 2022, Mayor Eric Adams alongside the New York City Economic Development Corporation (NYCEDC), the New York City Department of Transportation (DOT), and the Hudson Square Business Improvement District (BID), unveiled the renovated Hudson Street streetscape, marking the completion of the Business Improvement District’s first 10-year Master Plan, Hudson Square is Now, which was … <Read More>