New York City Economic Development Corporation
 |
|
| Predecessor |
|
|---|---|
| Formation | 1991 |
| Type | non-profit economic development corporation |
|
President
|
Maria Torres-Springer (2015-present) |
| Website | www |
New York City Economic Development Corporation (NYCEDC) is a not-for-profit corporation that promotes economic growth across New York City's five boroughs. It is the City's official economic development corporation, charged with using the City's assets to drive growth, create jobs, and improve quality of life. The agency has its headquarters in Lower Manhattan.
As of November 2014[update], NYCEDC’s Board of Directors has 21 members. The Mayor directly appoints seven members, including the Chairperson. Ten additional members are appointed by the Mayor from nominees of the Borough Presidents and the Speaker of the City Council. Each Borough President nominates one member and the Speaker of the City Council nominates five. Ten members are appointed by the Chairperson from a list of persons approved by the Mayor. NYCEDC is not a City Agency.
Kyle Kimball was appointed President by Mayor Michael R. Bloomberg in August 2013. Prior to joining NYCEDC, Kimball worked at Goldman Sachs and JP Morgan as a Vice President. Kimball received his master's degree in Public Policy from Harvard University's Kennedy School of Government. Maria Torres-Springer was appointed President and CEO by Mayor Bill de Blasio in July 2015. Prior to her appointment to NYCEDC, Torres-Springer served as Commissioner of the New York City Department of Small Business Services (SBS). Before joining SBS, Torres-Springer served as Executive Vice President and Chief of Staff at NYCEDC, a Senior Policy Advisor at the Office of the Deputy Mayor for Economic Development & Rebuilding and the Chief Operating Officer of Friends of the Highline. She received her bachelor's degree in ethics, politics, and economics from Yale University and a master's in public policy from Harvard University's Kennedy School of Government.
Through annual contracts with the City of New York, NYCEDC is a nonprofit organization that serves as the City’s primary entity for promoting and implementing economic development by leveraging the City’s assets to drive growth, create jobs, and improve quality of life.
...
Wikipedia