If you are interested in pursuing business opportunities pertaining to procurement, please contact Mark Thompson or Tunisha W. Walker.
Capalino’s Latest Business Opportunities:
- NYC Economic Development Corporation:
– Office Anchor Strategy
Identify a lease and large office development project that satisfy the City’s need for office space while creating additional office and retail space for non-City uses
– Atlantic Avenue Extension Project
Construction services designed to improve access to the transit hub from the Van Wyck Expressway and Atlantic Ave., Jamaica Queens
- NYS Office of Parks Recreation & Historic Preservation:
– Golf Concessions at Bethpage State Park
20 year contract for the operation and maintenance of the golf professional concessions
- Hudson River Park Trust:
– Chelsea Waterside Park Playground Construction
Located along 11th Avenue between West 23 and 24th Streets
- NYC Department of Education:
– Provider+Reseller of Dedicated Internet
Provide Access at NYCDOE ISP locations
Please see the full list of Request for Proposals recently issued by City government below:
Repair+Maintenance of Vehicle Tech
June 30, 2017- New York City Transit (NYCT) is seeking an expression of interest to identify and obtain information from firms experienced in repairing and maintaining a suite of on-bus technologies. This Request for Information is not a solicitation of actual bids, which may be solicited by means of a Request for Proposal (“RFP”) at a later date. The purpose of this RFI is to identify proven commercial hardware/software technology Service Providers who have demonstrable capabilities maintaining on-vehicle technologies in a state of good repair, specifically at other transit agencies or at companies with large sized fleet.
Oracle E-Business Suite Hosting+Support Services
July 6, 2017- The New York Convention Center Operating Corporation (NYCCOC), a New York State public benefit corporation and operator of the Jacob K. Javits Convention Center (“Javits Center”) of New York, is implementing Oracle E-Business Suite ERP R12.1.3 software for its financial, operational, customer and administrative business functions.
The Javits Center is requesting qualified vendors to provide a quotation for Hardware Hosting, Application Management and Custom Objects Support and Maintenance, Application Functional/Technical Service Desk Support, DBA, OBI and Reporting Support for our Oracle E-Business Suite System.
The Center is interested in the following services for its Oracle E-Business Suite system:
1) Hardware Hosting
- Supply required Server Hardware and Equipment for EBS environment
- Supply required configuration and monitoring for Disaster Recovery
2) EBS Application Infrastructure Hosting and Management:
- Database administration, tuning, and capacity planning
- Object migrations and code/version change control
- Database monitoring
- Server/Performance monitoring
- EBS Application patching
- Supply required configuration and monitoring for Disaster Recovery
3) EBS Technical Application Management and Custom Objects Support and Maintenance:
- Object and process management (web, forms, reports, concurrent managers)
- Application Configuration changes (including context file management)
- Application service monitoring
- Support EBS Extensions, Interfaces, Custom Reports and Workflow Objects
- Break/Fix support of Interfaces
4) Application Functional /Technical Service Desk Support:
- Provide Functional Support for EBS Modules for named users.
- Trouble shoot and resolve functional and/or workflow issues,
- Break/Fix support – Ad hoc troubleshooting support for the EBS application
- Provide Extended Hours Production Support for named users.
- OBIEE, Data Warehouse and Reporting Support
- Provide product support and administration for BI software stack. Includes OBIEE, NoetixViews, NoetixWorkbench, Noetix Search, OBIA Data Warehouse, ODI Middleware, and reporting
- Install application upgrades
- Performance Monitoring and Tuning
Interested firms must request a bid package in writing via fax at 212-216-4099 or electronically to firstname.lastname@example.org. Please include the complete name and street address of your company, as well as the name of a contact person, telephone, fax number and e-mail address.
Minority Owned Sub-Contracting Goal: 15%
Women Owned Sub-Contracting Goal: 15%
Service-Disabled Veteran-Owned Business Contracting Goal: 6%
Construction Management Services for Lower Concourse Improvements – Two Sub Projects in the Bronx
July 6, 2017- New York City Economic Development Corporation (NYCEDC) is seeking a consultant for construction management and related services for construction of the Lower Concourse Improvements project, located in the Bronx, which includes two sub-projects: the Lower Concourse Infrastructure Project and the Lower Concourse Park Project.
The Lower Concourse infrastructure project includes reconstruction of Exterior Street and associated infrastructure improvements. The project site is generally located along Exterior Street between East 150th Street and East 138th Street. The design of Lower Concourse infrastructure is contemplated to include roadway improvements, site grading, utility upgrades including water-main and sewer, gas main relocation, paving, sidewalks and curbs, lighting, signage, signals, and pavement markings.
The Lower Concourse Park project includes construction of a 2.3 acre park. The project site is near East 144th Street and bounded by the CSX/Oak Point rail line and the Harlem River to the West and the Major Deegan and Exterior Street to the East. The design of the Lower Concourse Park is contemplated to include the esplanade as required by the Special Harlem River Waterfront District (SHRWD) zoning, waterfront improvements, landscaping, fencing/railing, lighting, park amenities, utilities, and a comfort station.
NYCEDC plans to select a consultant on the basis of factors stated in the RFP which include, but are not limited to: the quality of the proposal, experience of key staff identified in the proposal, experience and quality of any subconsultants proposed, demonstrated successful experience in performing services similar to those encompassed in the RFP, and the proposed fee.
It is the policy of NYCEDC to comply with all federal, state and City laws and regulations which prohibit unlawful discrimination because of race, creed, color, national origin, sex, age, disability, marital status and other protected category and to take affirmative action in working with contracting parties to ensure certified Minority and Women-owned Business Enterprises (MWBEs) share in the economic opportunities generated by NYCEDC’s projects and initiatives. Please refer to the Equal Employment and Affirmative Compliance for Non-Construction Contracts Addendum in the RFP.
This project has Minority and Women Owned Business Enterprise (“M/WBE”) participation goals, and all respondents will be required to submit a M/WBE Narrative Form with their response. M/WBE please contact Tunisha W. Walker.
July 7, 2017- The New York Convention Center Operating Corporation (NYCCOC), a New York State public benefit corporation, is soliciting proposals for a rental of uniforms contract for the Jacob K. Javits Convention Center (The Center). Interested firms must request a bid package in writing via fax at 212-216-4099 or electronically at email@example.com. Please include the complete name and street address of your company, as well as the name of a contact person, telephone, fax number and e-mail address.
Minority Owned Sub-Contracting Goal: 15%
Women Owned Sub-Contracting Goal: 15%
Service-Disabled Veteran-Owned Business Contracting Goal: 6%
Priority Mitigation Project at Bellevue Hospital
July 7, 2017- NYCEDC, on behalf of the projects’ Construction Manager (“CM”) is seeking qualified firms for the following Priority Mitigation Project (“PMP”) at Bellevue Hospital, 462 First Avenue, New York, NY 10016: Vertical Transportation Mitigation (A.3.2).
NYCEDC, as the lead of an interagency team on behalf of New York City’s (the “City”) Health and Hospitals Corporation (“H plus H”), is currently focused on completing the PMP at Bellevue Hospital. This work will make the existing facilities more resilient and protect against future storm and flood related disasters. Once complete, these projects will further the City’s resiliency goals and ensure that these public hospitals have the necessary safeguards in place to operate during a storm, and mitigate damage and power loss.
NYCEDC is seeking qualifications for General Construction contractors, Mechanical contractors, Electrical contractors, and Elevator Maintenance/Operations contractors.
Pin number: 6251-00007
Invasive Species+Threats Posed to NY’s Natural Communities Feature Documentary
July 7, 2017- The Department of Environmental Conservation seeks a contractor to develop a feature length documentary intended to educate the public about the threats posed to New York’s natural communities, forests, waterways, and agricultural lands by invasive species, and what citizens can do to be a part of the solution. The documentary will be developed in cooperation with partners from public television stations to ensure that the content and formatting are appropriate for a statewide public broadcast. The storyline and script for the documentary will be developed in partnership with the Invasive Species Council, Advisory Committee, Department of Environmental Conservation, and the New York Invasive Species Research Institute. Original footage will feature interviews with state and regional invasive species subject experts and will also showcase on the ground prevention, management, and restoration efforts that are currently being undertaken to protect New York from the negative impacts of invasive species. The Contractor will oversee all phases of the project, including development, production, editing, and publicity.
Pursuant to the State Finance Law Sections 139-j and 139-k, this Invitation for Bid includes and imposes certain restrictions on communications between a Governmental Entity and an Offerer during the procurement process. Further information about these requirements, including a copy of the new lobbying law, can be found at:
http://ogs.ny.gov/Aboutogs/regulations/defaultAdvisoryCouncil.html Bidders shall adhere to the NYS DEPARTMENT OF ENVRIONMENTAL CONSERVATION GUIDELINES REGARDING PERMISSIBLE CONTACTS DURING A PROCUREMENT AND THE PROHIBITION OF INAPPROPRIATE LOBBYING INFLUENCE.
All correspondence and/or questions relating to this Invitation for Bid should be directed to the Department’s designated contact person lists in the Invitation for Bid
Total MWBE Participation Goals: 30%
Architectural+Engineering Design Services for Renovation+Rehabilitation Projects at Various Locations, Citywide
July 11, 2017- The New York City Police Department (“NYPD”) is conducting a solicitation which seeks an appropriately qualified vendor to provide a Multi year Requirements Contract for Architectural and Engineering (“AE”) design services for the renovation and rehabilitation projects at Various locations in the five boroughs of New York City. M/WBE please contact Tunisha W. Walker.
Pin number: PIN#05616P0005
Vehicle Towing, Storage, Auction+Salvage Services
July 17, 2017- The NYPD is seeking an appropriately qualified contractor to transport vehicles from Department facilities, provide storage pending auction (or salvage), and auction vehicles to members of the public or have them salvaged in compliance with the specifications that are set forth in the RFP. Vehicles that are auctioned will be sold “as is”, or vehicles will be sold for scrap metal (i.e. salvage) as determined by the Department. Up to 10,000 vehicles will be auctioned per year, with an average daily inventory of up to 1,500 vehicles. These vehicles are not owned by the Department. The majority of these vehicles are abandoned or recovered stolen and are unclaimed by the lawful owner. The contractor will be required to tow these vehicles from various Police Department locations around New York City. The contractor will safeguard, and follow the requirements stated in the RFP to manage up to 1,500 vehicles per day, including the salvage and auction of unclaimed vehicles and the return of claimed vehicles to their owner.
Pin number: 05617P0003
Grant for 1,200 Units of Supportive Housing
July 24, 2017- New York State is issuing this Request for Proposals (RFP) opportunity to advance the five-year goal of developing 6,000 units of supportive housing over five years for persons identified as homeless with special needs, conditions, or other life challenges. Part of New York State’s Housing Plan includes an investment of new supportive housing resources and services to address vulnerable populations experiencing homelessness. Therefore, the availability of and access to various support services such as employment and training opportunities, parenting education, counseling, independent living skills training, primary healthcare, substance use disorder treatment and mental health care, child care, and benefits advocacy are critical components of any project funded under this plan. This RFP makes available up to $25,000 per unit annually in services and operating funds to support at least 1,200 units of permanent housing.
Funding through this RFP is available to support the service and operating needs of projects which may be in various stages of capital development; however, funding will not be made available to existing projects, which have already secured service and operating funds through other sources, as a means to enhance their existing subsidies. Any funds awarded to applicants under this RFP must be used for the purposes of providing supportive services to eligible target populations.
No capital funds are available through this RFP. The intent of this RFP is to provide the service and operating funding that is needed to operate the supportive housing units which will be developed through capital funding. Such capital funding mechanisms may include, but are not limited to: Homeless Housing and Assistance Program (HHAP), New York State Homes and Community Renewal (HCR), private sources, other acceptable governmental agencies, or an applicant may partner with a project developer that has secured or is in the process of securing capital funding.
The New York State Office of Mental Health (OMH) will serve as the lead procurement agency for the RFP under the guidance of the Interagency Workgroup. Although the OMH is the lead, proposals submitted through this RFP do not have to be for mental health purposes but should serve the range of needs from the following agencies: Department of Health (DOH) – including the AIDS Institute, NYS Homes and Community Renewal (HCR), Office of Alcoholism and Substance Abuse Services (OASAS), Office of Children and Family Services (OCFS), Office of Mental Health (OMH), Office for the Prevention of Domestic Violence (OPDV), Office of Temporary and Disability Assistance (OTDA), and Office for People With Developmental Disabilities (OPWDD).
Provider+Reseller of Dedicated Internet Access to Provide Access at DOE ISP Locations
July 27, 2017- The New York City Department of Education (DOE) is seeking bids from Tier 1 or Tier 2 providers of Dedicated Internet Access (DIA), or from resellers of Tier 1 or Tier 2 Dedicated Internet Access. One award will be made to a vendor that can provide Internet access at DOE ISP locations, identified in this solicitation.
Help Schools Address+Overcome the Barriers to Providing Arts Education
August 23, 2017- The New York City Department of Education (NYCDOE) seeks providers of professional learning services for arts education. Professional learning services for arts education will support DOE teachers and administrators in successfully implementing standards-based arts education as outlined in the New York City curriculum Blueprints for Teaching and Learning in the Arts as well as provide services that will support teaching and learning in the various art forms: visual arts, dance, music, theater, and the moving image. The NYCDOE is also seeking proposals from individuals and/or organizations able to provide services to help schools address and overcome the barriers to providing arts education which include budgeting, instructional programming, and scheduling. M/WBE please contact Tunisha W. Walker.
Pin number: R1180040
OPMC-MEO517- Medical Experts provide the medical expertise necessary for the successful investigation and prosecution of professional medical conduct cases. Their duties include reviewing patient records, researching current medical standards, writing opinions, providing guidance to staff, reviewing physician interviews, consulting with staff attorneys and providing expert testimony at State Board for Professional Medical Conduct Administrative Hearings.
Proposals Continuously Accepted- Medical Coordinators provide professional medical consultation for the Office of Professional Medical Conduct. Their duties include reviewing professional medical conduct cases and patient records and conducting interviews with physicians either under investigation or on probation. Positions are filled throughout the year as needed by specialty.
Construct Infrastructure and Resiliency Improvements at H+H Facilities
June 28, 2018-New York City Economic Development Corporation (NYCEDC) is seeking qualified firms to construct infrastructure and resiliency improvements estimated at ~$173 million at four NYC Health and Hospitals (H+H) facilities: Bellevue Hospital (Manhattan), Coler Rehabilitation and Nursing Care Center (Roosevelt Island), Coney Island Hospital (Brooklyn) and Metropolitan Hospital (Manhattan). In October 2012, each facility suffered extensive flood damage as a result of Hurricane Sandy. Since then, each hospital has temporarily restored the damaged areas and, working with the Federal Emergency Management Agency (“FEMA”), have developed plans to mitigate damage from future storms and flooding.
NYCEDC, as the lead of an interagency team, is now focused on completing priority mitigation projects at these four facilities. This initial work will make existing facilities more resilient and protect against future disasters. Once complete, these initial projects will further the City’s resiliency goals and ensure that these public hospitals have the necessary safeguards in place to operate during a storm and mitigate damage and power loss.
NYCEDC plans to prequalify firms on the basis of factors stated in the RFQ which include, but are not limited to: the firm’s demonstrated experience and expertise in the particular trade for which the firm is submitting its qualifications; the firm’s record regarding accidents and lost work days on construction projects; and the firm’s resources available for the Project.
NYCEDC and H+H will be contracting with multiple design and engineering firms for all contract documents associated with the Services. The Construction Management firm (CM) will provide construction management services for the Project, including holding all construction subcontracts for the Project.
Notice of Funding Availability for the Preservation of Affordable Housing South of Houston Street
December 31, 2019– The City of New York Department of Housing Preservation and Development announces the availability of $11,800,000 in funding for the acquisition and preservation of affordable housing south of, and including properties on, East/West Houston Streets, bounded by the Hudson and East Rivers in Lower Manhattan to applicants who are funded pursuant to a Request for Qualifications issued by HPD (“RFQ”).
The purpose of the Lower Manhattan Acquisition Program is to preserve residential housing with apartments affordable to low-income households.
- Not-for-profit organizations qualified under the RFQ may identify privately-owned residential properties for purchase and long-term ownership in the Lower Manhattan area.
- Eligible buildings are multi-family buildings in the program’s target area, where at least one unit is or will be rented to and affordable to a household earning no more than 80% of the Area Median Income (AMI).
- Up to $125,000 per dwelling unit in acquisition funding may be available to fill the gap between private debt supportable by the acquired property or properties and the acquisition cost. The program funding will be based only on those units that are rented to and affordable to households earning no more than 80% of AMI.
- The program’s target area is Manhattan south of, and including properties on, East/West Houston Streets. (Boundary map is available at the website listed below).
- The program will run until the earlier of the time at which all funding has been exhausted or December 31, 2019.
Request for Qualifications (RFQ):
In order to become qualified for participation in the program, not-for-profit organizations must respond to the RFQ and be found qualified by HPD. Applicants may respond to the RFQ available at the website below. To be considered for qualification, applicants must demonstrate ownership, management and rehabilitation experience, as well as financial strength and stability. Please refer to the RFQ for more information on qualification.
Qualified not-for-profit organizations may submit proposals to request acquisition funding for eligible residential buildings. Proposals will be assessed on both the viability of the project and strength of the applicant’s experience. Proposals will be evaluated and funded on a “first-come, first-served basis” for the duration of the program. The City reserves the right to accept or reject any or all applications received as a result of this advertisement.
All not-for-profit organizations entering into negotiations with building owners must comply with tenant and owner notification procedures in accordance with the federal Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Information about these notification requirements will be provided to pre-qualified non-profits. The Request for Qualifications (RFQ), map of the program area, and additional information about the program are available on HPD’s website: http://www1.nyc.gov/site/hpd/developers/rfp-rfq-rfo.page. Interested parties should forward all requested documentation to the Department of Housing Preservation and Development; Attention of Lower Manhattan Acquisition Program RFQ Coordinator, 100 Gold Street—Room 9-O3, New York, NY 10038; or electronically to HPDPres@nullhpd.nyc.gov. This program is made possible by a grant from the Lower Manhattan Development Corporation, which is funded through Community Development Block Grants from the U.S. Department of Housing and Urban Development.
Andrew Cuomo, Governor
Bill de Blasio, Mayor
Alicia Glen, Deputy Mayor for Housing and Economic Development
Vicki Been, HPD Commissioner
David Emil, LMDC President
Avi Schick, LMDC Chairman
Develop Transitional Residences for Homeless Families + Drop-In Center for Adults
November 2, 2020- The Department of Homeless Services is soliciting proposals from organizations interested in developing and operating transitional residences for homeless adults and families including the Neighborhood Based Cluster Residence and drop-in centers for adults. This is an open-ended solicitation; there is no due date for submission. Proposals will be reviewed by the Department as they are received and contracts will be awarded on an on-going basis, until the agency’s capacity needs are met. DHS reserves the right to award a contract on the basis of initial offers received without discussion. Contracts will be awarded to responsible applicants whose negotiated offers are determined to be the most advantageous to the City, taking into consideration the price and other such factors and criteria set-forth in the RFP. Contract award will be subject to the timely completion of contract negotiations between the agency and the selected proposer.
It is anticipated that the transitional residence contracts will range from 3 to 30 years including renewal options and depending on the financial terms and conditions.
Pursuant to Section 312 (c) (1) (ii) of the New York City Charter, the Competitive Sealed Bid procurement method is not the most advantageous method because judgment is required in evaluating competing proposals, and it is in the best interest of the city to require a balancing of price, quality and other factors.
Thus, pursuant to Section 3-03 (c) of the Procurement Policy Board Rules, the open ended RFP will be used because the Department will select qualified providers to develop and operate transitional residences in order to address the need to create additional shelter capacity citywide. In addition, this open-ended method will provide interested applicants an opportunity to propose sites for the targeted population, as they become available for shelter development.
All proposers must meet the following minimum qualifications 1) must have a tax exempt status under 501 (c) (3) of the Internal Revenue Code and or be legally incorporated as a for-profit entity; 2) must demonstrate that they have, or can obtain by the contract start date, site control of the proposed Standalone facility location(s); and 3) must demonstrate an intent to enter into lease agreements with the owner(s) or management designee(s) for each property.
Pin number: 07100S003262
Infrastructure+Resiliency Improvements at Coney Island Hospital
May 31, 2022- New York City Economic Development Corporation (NYCEDC) is seeking qualified firms to construct infrastructure and resiliency improvements at Coney Island Hospital. Due its location, the hospital is vulnerable to extreme coastal storms and in October 2012, the facility suffered extensive flood damage as a result of Superstorm Sandy. Since then the hospital has temporarily restored the damaged areas and, working with the Federal Emergency Management Agency (“FEMA”), have developed plans to mitigate damage from future storms and flooding.
NYCEDC, as the lead of an interagency team, is now focused on the Major Work project. The construction of the Coney Island Hospital campus project is currently envisioned to build a new resilient acute care hospital tower to be known as the Critical Services Structure (“CSS”) and to include the following work:
• Provide on-site valet parking for 300 cars
• Demolition of existing buildings, including Hammett Pavilion, Building 6, and various existing site improvements;
• Renovation and selective demolition of 60,000 gross sq. feet including portions of the existing Main Building and Tower Building; and
• Build a new permanent flood mitigation structure (s) (e.g. flood wall) around the campus.
NYCEDC is seeking qualifications for the following types of construction contractors:
• Concrete Contractors • Abatement Contractors • Demolition Contractors • Electricians • Plumbers • Elevator Contractor Scaffolding/Sidewalk bridge • Mechanical – HVAC • Fire Protection • Masonry • Site/Civil Work • Low voltage electrician • Site Fencing • Painting • Carpentry • MEP Insulation • Steel Work • Roofing and Waterproofing • Spray on Fire Proofing • Tile Work • Flooring • Windows • General Contractors • Exterior Façade
NYCEDC plans to select contractors on the basis of factors stated in the RFQ which include, but are not limited to: the firm’s demonstrated experience and expertise in the particular trade for which the firm is submitting its qualifications; the firm’s composition and experience in coordinating and implementing similar projects; the firm’s familiarity with public approvals, permitting and experience working with multiple governmental agencies; the firm’s record regarding accidents and lost work days on construction projects; and the firm’s resources available for the Project. The Services described above will require extensive coordination and collaboration among the Construction Management firm (the “CM”) hired by NYCEDC, the other construction trades working within the Project Site, and the Project Team.
NYCEDC has contracted with NBBJ to lead the design effort for all contract documents associated with the Services. The CM will provide construction management services for the Project, including holding all construction subcontracts for the Project. NYCEDC anticipates that initial projects will be procured in Q1 2017. Design packages will continue to be completed and released periodically with final projects’ anticipated completion in May 2022. NYCEDC will issue advertisements in the City Record and provide a notice on EDC’s procurement website (www.nycedc.com) of forthcoming design packages to be issued by the CM. Once NYCEDC posts an advertisement for a forthcoming design package, firms will have approximately 30 days to provide their qualifications in order to be considered for the prequalified list of firms who will receive the bid package from the CM.
It is the policy of NYCEDC to comply with all federal, state and City laws and regulations which prohibit unlawful discrimination because of race, creed, color, national origin, sex, age, disability, marital status and other protected category and to take affirmative action in working with contracting parties to ensure certified Minority and Women-owned Business Enterprises (MWBEs) share in the economic opportunities generated by NYCEDC’s projects and initiatives.
The HHC Coney Island Hospital Major Work has a Minority and Women Owned Business Enterprises (“M/WBE”) participation goal of 30 percent. Companies who have been certified with the Empire State Development’s Division of Minority and Women’s Owned Business Development as M/WBE are strongly encouraged to apply to this RFQ. To learn more about M/WBE certification and NYCEDC’s M/WBE program, please visit http://www.nycedc.com/opportunitymwdbe. An optional informational session will be held on Tuesday, November 22, 2016 at 11:00 am at NYCEDC. Those who wish to attend should RSVP by email to CIHRFQ@nulledc.nyc on or before November 21, 2016.
NYC Industrial Developer “Fund” for Qualified Projects Seeking Fund Support
The NYC Industrial Developer Fund is a $150 million public/private fund to provide project financing for industrial real estate development projects in New York City. The Fund is designed to catalyze investment in 400,000 sf of new or renovated industrial real estate workspace across New York City, supporting the creation of as many as 1,200 quality and accessible industrial jobs by 2020.The Industrial Developer Fund supports industrial job-creation in New York City by providing public/private financing for industrial real estate development projects. Total size of the Fund is $150 million, which includes approximately $60 million in public funds leveraging $90 million in private financing.
The Industrial Developer Fund provides qualified real estate developers with partial public gap-financing assistance in the form of grants, low-interest subordinate loans, and guarantees on senior private loans. These public funds are intended to leverage owner equity so that the transaction merits traditional bank/senior lender financing provided under the Fund structure.
Qualified projects seeking fund support will be considered when high impact projects are unable to move forward due to funding gaps. The Fund will consider both non-profit and for-profit entities.
New York City’s industrial and manufacturing sector employs 530,000 people, or 15.4 percent of the city’s private sector workforce. The sector is a vital pathway to the middle class for many families, with median wages of $50,400 a year. In addition, more than 328,000 jobs in the sector (61.5 percent) are located outside Manhattan, 62 percent of the workforce comes from culturally diverse backgrounds, and nearly half are foreign-born. Finally, approximately 63 percent of jobs are available to individuals who do not have a college degree.
- Land/Building Acquisition, Construction and/or Renovation
- Project Size: Minimum of 25,000 square feet
- Geography: New York City’s 5 boroughs
- Use/Purpose: Projects must create long-term industrial real estate property and demonstrate creation of quality, permanent industrial jobs
For additional information, please contact the NYCEDC Strategic Investments Group at 212.618.5737 or SIG@nullnycedc.com, with “Industrial Developer Fund Inquiry” in the subject line. Prospective applicants are encouraged to contact NYCEDC to determine eligibility and review in-depth financing criteria prior to submitting materials.