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BNYDC · Agency plan

Brooklyn Navy Yard Development Corporation

Preliminary REP pages 79-82

Plan area: Economy

1 Short-Term 2 Medium-Term 1 Long-Term

Mission & Commitment

The Brooklyn Navy Yard Development Corporation's (BNYDC) mission is to fuel New York City's economic vitality by creating and preserving quality jobs, growing the City's modern industrial sector and its businesses, and connecting the local community with the economic opportunity and resources of the Yard. BNYDC manages the Brooklyn Navy Yard industrial campus on behalf of the City of New York, and is committed to building new, inclusive paths to economic opportunity that result in greater access and improved economic outcomes for business owners and workers, including diverse business owners and workers. BNYDC is implementing targeted efforts to ensure that our organizational practices are shaped through the lens of equity.

Spotlight wins

In March 2024, BNYDC announced that it signed a lease with AYO Labs for a new $25 million state-of-the-art manufacturing, incubator, and accelerator facility focused on helping health and beauty businesses launch and grow in New York City.As part of New York City's Climate Week in September 2024, the Brooklyn Navy Yard partnered with the Eunoia Group on the Bold Eco Solutions Diverse Minds Forum at Climate Week, convening industry influencers to explore how technologies and strategies led by diverse leaders are redefining climate technology. The event included investors, innovators, and ecosystem builders with 60 attendees.In September 2024, the Brooklyn Navy Yard hosted its first-ever Green Skills Summit, bringing together workforce development leaders to shape the future of green-collar jobs training, including increasing access to job opportunities for underrepresented groups in the tech and innovation sectors. The event included 150 attendees representing 40 different organizations.

Short-Term Goals

Implement new training and professional development opportunities for staff, tenant employees, and BNY’s community, focused on participation and access for those underrepresented in BNYDC’s programming

Population focus: Agency staff / employees

Outcome & strategies

Outcome: By the end of 2026, offer training and professional development opportunities for staff, tenant employees, and BNY's community, in a manner that is reflective of the diversity of NYC.

  • Develop an internal professional development policy and offer new programs to best meet staff needs
  • Launch new external training to support additional New Yorkers in receiving the skills needed to obtain green jobs

Goal ID: BNYDC-G01

Medium-Term Goals

Support M/WBE participation in agency procurements while continuing to implement and evaluate goals going forward to ensure they are consistent with federal, state, and local law.

Population focus: M/WBE owners

Outcome & strategies

Outcome: By 2028, maintain consistent implementation and assessment for M/WBE utilization.

  • Collaborate with SBS to support outreach and engagement with certified M/WBE vendors in connection with BNYDC procurements
  • Utilize procurement tools that facilitate participation by certified M/WBE vendors in agency contracting opportunities

Goal ID: BNYDC-G02

Increase the number of first-generation college students from local New York City Housing Authority (NYCHA) developments participating in workforce and education programs, to support elimination of disparities in employment and education

Population focus: NYCHA residents

Outcome & strategies

Outcome: By 2028, increase the number of first-generation college students from local NYCHA developments participation in workforce and/or education programs by 20%.

  • Initiate targeted outreach to the four surrounding NYCHA developments and local school partners to increase the youth and community resident engagement at BNYDC events and public programs

Goal ID: BNYDC-G03

Long-Term Goals

Support new and growing businesses in advanced manufacturing, clean technology, and emerging industries ecosystems by increasing awareness of opportunities for tenancy among potential small business tenants and positioning BNYDC to be a centralized and coordinating hub for small businesses, including M/WBEs

Population focus: M/WBE owners

Outcome & strategies

Outcome: By 2034, achieve a tenanting strategy that attracts diverse tenants underrepresented to the Yard.

  • Develop a small-space program where we match small businesses with smaller spaces (1,000 sf) to create new pathways for business growth at the Yard
  • Develop a small business Tenant Improvement Fund to support renovation of spaces to meet business needs, starting with a pilot using $3 million of City capital earmarked for tenant improvements for incoming small business tenants

Goal ID: BNYDC-G04