Empowering New York’s Asian American Community Since 1989

Economic Development

NY Small Business Funders Collective: Asian American Federation, Korean American Family Service Center (KAFSC), and Korean Community Services (KCS)

August 17, 2023  AAF in the NEWSEconomic DevelopmentMedia HighlightsPress


Pratt Urban Placemaking and Management: Barton Blossoming Growing Inclusive Public Space in Murray Hill, Queens Presentation

May 25, 2023  Economic DevelopmentMedia Highlights


Pratt Urban Placemaking and Management: Barton Blossoming Growing Inclusive Public Space in Murray Hill, Queens Report

May 25, 2023  Economic DevelopmentMedia Highlights


NYC Small Business Services: Murray Hill, Queens Commercial District Needs Assessment

February 2, 2023  AAF in the NEWSEconomic DevelopmentMedia HighlightsPress


NYC Small Business Services: Shop Your City: Murray Hill, Queens

October 7, 2022  AAF in the NEWSEconomic DevelopmentMedia HighlightsPress


Restarting New York’s Economic Engine: Tapping the Strength of Asian Businesses

Asian-owned businesses have long been the New York metropolitan area’s economic engine, accounting for 20 percent of all businesses before the pandemic.

May 6, 2022  Economic DevelopmentMedia HighlightsOur WorkResearch


Hidden in Plain Sight: Korean American Poverty in the New York Metro Area

This supplement to our 2021 report, Hidden in Plain Sight: Asian American Poverty in the New York Metro Area, examines the changing demographics of Koreans living in poverty.

November 30, 2021  Economic DevelopmentResearch


Hidden in Plain Sight: Asian Poverty in the New York Metro Area

The number of Asian Americans living in poverty increased by 15 percent over the last decade in the New York metro area, from just over 252,000 in 2010 to almost 290,000 in 2019.

October 15, 2021  Economic DevelopmentResearch


Small Business, Big Losses: The Impact of the Covid Crisis on Asian Small Business in New York City

Asian American small businesses made up 20 percent of New York City’s businesses before the pandemic and were the fastest-growing segment of small businesses in our city.

May 29, 2021  Economic DevelopmentResearch


The Impact of COVID-19 on Asian American Employment in NYC

The COVID-19 pandemic has resulted in a record rate of job loss for Asian New Yorkers, with unemployment benefit applications increasing by more than 6000% from February to June of 2020. At 1.3 million people, Asian Americans are over 16% of

January 26, 2021  Economic DevelopmentResearch