City Officials Break Ground on New Park in the Bronx

On November 30, 2023, Parks Commissioner Sue Donoghue and New York City Economic Development Corporation (NYCEDC) President and CEO Andrew Kimball joined elected officials to celebrate the groundbreaking of a new park in the South Bronx. The new park, located on Exterior Street between 144th and 146th Streets, will bring waterfront access and new open space for local Bronx residents. 



Small Business Services Launches “Live NYC Map” Tool to Show Small Businesses and Public-Facing Locations Citywide

On November 22, 2023, the Department of Small Business Services announced the launch of Live NYC Map, an interactive database that includes a searchable map of the city’s small businesses and public-facing locations. The map launches ahead of Small Business Saturday, the part of the Thanksgiving holiday weekend where consumers are encouraged to explore and support local businesses for their holiday shopping. 



Council Passes Bill to Provide Small Businesses with More Financial Information

On September 14, 2023, the City Council passed Int. No. 969-A, which requires the Department of Small Business Services to provide information on local community development financial institutions on the city’s one-stop shop business services portal. According to the U.S. Department of the Treasury, community development financial institutions are financial lenders that help, “promote access to capital and local economic growth in…low-income communities… through monetary awards and the allocation of tax credits.”