New #PromoteTheVote Campaign Aims to Increase Turnout for NY Presidential Primary

Resource Type: News, Press Releases

WITH NEW YORK VOTER PARTICIPATION AT ALL-TIME LOWS, NEW #PROMOTETHEVOTE CAMPAIGN AIMS TO INCREASE TURNOUT FOR STATE’S PRESIDENTIAL PRIMARY

Nonpartisan Initiative Enlists Employers to Encourage Employees to Vote

Employers Can Sign Up at PromoteTheVote.nyc

New York, NY – The Association for a Better New York (ABNY) and the Partnership for New York City, along with elected officials, civic, business and labor groups and non-for-profit organizations, today launched the #PromoteTheVote campaign, a first-of-its-kind effort to increase voter turnout in New York. With state voter participation among the lowest in the nation, this new nonpartisan initiative will enlist employers in a push to encourage employees to get to the polls for New York’s April 19 presidential primary.

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Partnership for New York City Calls for More Study of MoveNY Congestion Pricing Plan

Resource Type: News, Press Releases

In a report released today, the Partnership for New York City, the city’s leading business organization, expressed reservations with a congestion pricing plan called MoveNY. The report concludes that, while congestion pricing is something New York City should seriously explore, the benefits of MoveNY are open to question and depend on actions and investments by state and local government. The Partnership recommends that the plan’s projected revenue, congestion reduction totals, and economic impact be further studied and validated by public agencies. The Partnership reached this conclusion with the support of the NYU Center for Urban Science and Progress (CUSP), which convened a panel of experts to review and assess the proposal at the Partnership’s request.

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Statement from Kathryn Wylde, President & CEO of the Partnership for New York City, on Decline in Wall Street Bonuses

Resource Type: News, Statements

“Smaller than anticipated Wall Street bonuses, reported today by New York State Comptroller Tom DiNapoli, suggest that the city and state will not have the tax revenues they counted on for 2016-17. The Comptroller’s findings are clear evidence that the tough new financial regulations put in place in the past five years are hurting New York, in terms of both economic activity and tax revenues. A survey conducted last year by the Partnership for New York City found that regulated financial institutions are primarily hiring people in  compliance and risk management, while profit-  and bonus-generating jobs in trading and underwriting are being cut back. Politicians who are calling for even more regulation of the financial industry, including our Mayor,  need to keep in mind that the financial industry is responsible for approximately 40% of our local economy and directly contributes almost 20% of our tax revenues. New York cannot continue to thrive if Wall Street withers.”

Impending NJ Transit Strike Would Cost NYC Employers $5.9 Million per Hour of Delay

Resource Type: News, Press Releases

New Data Released By The Partnership for New York City Reveals Cost By Industry

The Partnership for New York City, the city’s leading business organization, today released data showing the economic impact a NJ Transit rail strike would have on New York City employers. A strike is expected if railroad and rail union officials do not reach a contract agreement by March 13th. The Partnership estimates that every hour commuters are delayed in getting to work due to NJ Transit rail being out of service will cost New York City employers $5.9 million.

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Private Sector Jobs At All-time High, Led by Professional & Financial Services

Resource Type: News, Press Releases

Long-Term Unemployment Down Almost 60% From 2010 Peak

City Spending up 7.5%, Slightly Ahead of Revenues

The Partnership for New York City, the city’s leading business organization, today released its latest Dashboard NYC, a quarterly snapshot of key economic and quality-of-life indicators. The data for the fourth quarter of 2015 shows a historic high in jobs—4.3 million—and an unemployment rate at 4.9%, almost reaching pre-recession lows.

Employment in New York City rose 2.3% in the past year, driven by job increases in almost every sector, including Financial Services, Professional Services, Construction and Healthcare. The only sector that saw a decline in jobs was the manufacturing sector.

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Testimony by Kathryn Wylde, President & CEO of the Partnership for New York City, on Mandatory Inclusionary Housing and Zoning for Quality and Affordability

Resource Type: News, Testimony

Kathryn Wylde, President and CEO of the Partnership for New York City, will testify later today in front of the Zoning and Franchises Subcommittee of the New York City Council in support of the proposed Mandatory Inclusionary Housing (MIH) and Zoning for Quality and Affordability (ZQA) text amendments. Her full testimony is below.

According to Wylde, “a massive, collaborative approach is required to meet the demand for affordable housing that neither government nor the private sector can accomplish on its own…In order to launch a housing production program that matches the scale of need, the city has to rely on changing its zoning requirements, more flexible design and use of air rights, in order to accommodate greater density and to create value that can be leveraged for the public good. This cannot be accomplished in a timely fashion or at scale unless it is a citywide zoning policy.”

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Statement from Kathryn Wylde, President & CEO of the Partnership for New York City, on Mayor’s State of the City Address

Resource Type: News, Statements

“Tonight Mayor de Blasio focused on investing in the city ‘s future, ranging from building new centers of innovation and economic activity to developing a novel transit connector between Brooklyn and Queens and creating a network of health centers serving the South Bronx. These are priorities that the business community shares – practical and achievable. They will contribute to the city’s vitality and stimulate private investment.”

Statement from Kathryn Wylde, President & CEO of the Partnership for New York City, on Education Tax Credit and Charter School Increase

Resource Type: News, Statements

“Today there are 137,000 open job postings in New York City, largely because employers cannot find people with the requisite skills to fill them. This is why the business community strongly supports Governor Cuomo’s proposals to provide equitable state funding for charter schools as well as a tax credit for supporters of parochial schools. New York must develop a new generation of talent in order to maintain our position as a global center of innovation and commerce, and investing in a full range of education opportunities is the only way to accomplish that.”

Partnership Convenes Breakfast Honoring Jay Fishman

Resource Type: News

This morning, Partnership members and friends joined in honoring Jay Fishman at a breakfast hosted by Jerry Speyer at the Rainbow Room. Jay spoke movingly about how he and his wife Randy are treating his own struggle with ALS as an opportunity to make life better for all ALS patients and their families. Among other things, he intends to raise $10 million to endow a program that is being developed at Boston Children’s Hospital to enable ALS patients to “bank” their voices while they still have the ability to speak. This new and exciting technology allows patients to communicate with the assistance of a computer, but have the voice and intonation be their own rather than one generated by a computer.

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Partnership Breakfast Honoring Jay Fishman

Partnership Breakfast Honoring Jay Fishman

Partnership Breakfast Honoring Jay Fishman

Maria Gotsch, President and CEO of the Partnership Fund for New York City, interviewed for The Economist Intelligence Unit

Resource Type: News, Partnership Fund

Maria Gotsch, President and CEO of the Partnership Fund for New York City, sat down with The Economist Intelligence Unit for an edition of their EIU Perspectives podcast. She and Brett King, CEO of Moven, spoke about the role ecosystems play in stimulating digital partnerships.

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