Economic Development Corporation
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Attention EDC: Big Development Projects Don’t Need Parking After All
During the Bloomberg administration, city officials spearheading a giant Lower East Side mixed-use development larded it up with parking above and beyond what's normally allowed in Manhattan. Now, the company in charge of building the project says it's going to go parking-free, and is hosting a public meeting on its plan tonight. This could be a huge victory for Lower East Siders who want more housing but not more traffic and dirtier air, and it should be a lesson for the NYC Economic Development Corporation with far-reaching consequences.
January 28, 2015
Will Michael Schlein Stop NYC EDC From Subsidizing Parking?
This morning, Mayor Bill de Blasio announced the appointment of Michael Schlein as chair of the city's Economic Development Corporation. Schlein, a Wall Street insider with close ties to the mayor, joins EDC President Kyle Kimball atop the agency's leadership. EDC has a terrible track record of subsidizing parking garages and overseeing mega-projects with acres of excess parking. The contours of a new direction under de Blasio -- perhaps one with less parking -- are still taking shape.
April 3, 2014
EDC: Phased East River Greenway Gaps Set to Be Filled by 2024
For years, the Hudson River Greenway has been the star of Manhattan's greenway network, while usage of its East River sibling has been damped by a deteriorating pathway and gaps in the route. Now, with a renewed focus on the East Side waterfront, momentum is growing to complete the greenway, even though completion is more than a decade away.
June 25, 2013
Why the Next Mayor Should Reform the Parking-Obsessed NYC EDC
For an investigation published this weekend, the New York Times calculated that governments in New York state give away at least $4.06 billion in corporate subsidies every year. In New York City, the agency that oversees much of this largesse is the Economic Development Corporation. And when it comes to shaping city fabric, NYC EDC has a predilection for showering its subsidies on a specific type of project: the kind with tons of parking.
December 3, 2012
Biz Students See Ripe Market for Bike-Share in NYC
A Nextbike kiosk in Tubingen, Germany. Image: Eldersign via Flickr. With bike-share systems launching in three major American cities this year, the question naturally arises: Does New York have an appetite for bike-sharing? Patricia Bayley and Martin Mazza say yes. Students at Barcelona’s IESE, one of Europe’s top business schools, Bayley and Mazza intend to … Continued
February 10, 2010
Infrastructure Bigs: To Compete, NYC Needs Congestion Pricing, Tolls
At a panel put on by the New School last week, some of New York's biggest players in transportation and planning came together to discuss the future of the city's infrastructure. They all seemed to agree: The city can't keep up with its global competitors without new sources of revenue.
February 1, 2010
Visualizing a Car-Free Bedford Avenue
Emil Choski has given his Car-Free Bedford Avenue project a serious face lift. The 22-year-old freelance graphic designer and community organizer's new web site includes a three dimensional "flyby" visualization accompanied by some very un-Williamsburgy classical music. With apologies to the Meatpacking District and Ninth Avenue, Emil's project has to be my favorite grassroots livable streets initiative going right now. When is Dan Doctoroff going to wake up and give this kid a job at the Economic Development Corporation?! Choski writes:
February 15, 2007
EDC’s McDonald a Leading Candidate for DOT Commissioner
From today's Crain's Insider:
February 2, 2007