NYCEDC’s Climate Strategy: How to Build a Green Future
Similar to the BCRP, a new flood wall at Metropolitan Hospital in East Harlem is also helping to safeguard essential services during extreme weather events.
Transforming economies
In Sunset Park, the SBMT is being transformed into a world-class offshore wind port, thanks to more than US$1bn in private investment from Equinor.
Once operational, the site will produce 810MW of clean energy, enough to power 500,000 homes, while creating at least 1,000 construction jobs.
Across the harbour, the SBMT is also undergoing a similar transition, with US$164m in federal funding secured in 2024 helping NYCEDC lay the groundwork for a future port that is all-electric, mixed-use and community-serving.
This vision is reinforced by the Harbor Climate Collaborative, an alliance between NYCEDC, The Brooklyn Navy Yard and The Trust for Governors Island.
The group is investing US$725m to develop six million square feet of climate research, training and innovation space across connected harbour sites.
Together, the group will create 5,000 permanent jobs, train 2,100 students and generate an estimated US$55bn in long-term economic impact.