| has gloss | eng: (abbreviated NYCEDC) is a non-profit local development corporation that promotes economic growth across New York Citys five boroughs. Over the corporations lifetime, NYCEDC initiatives have brought the City billions of dollars in private investment and helped to create thousands of local jobs. As the City’s primary vehicle for stimulating City-wide investment, NYCEDC is regarded by some within the City as an influential and reputable agency. Others view NYCEDCs recent prominence and power as indicative of the Bloomberg administrations overemphasis on steering profits to real estate developers at the expense of human services and all other municipal priorities. |
