Statement from Kathryn Wylde, President and CEO at the Partnership for New York City, on Passage of Senate Bill (S.2244), the Terrorism Risk Insurance Program Reauthorization Act of 2014

Resource Type: Press Releases

“Terrorism is a reality, particularly in places like New York and TRIA is one of the 21st Century tools we rely on to protect jobs and the economy,” said Kathryn Wylde, President & CEO of the Partnership for New York City.  “Senator Schumer and Members of the Senate Banking, Housing, and Urban Affairs Committee have crafted a bill that allows insurers, employers, and property owners to manage the terrorism risk. The House should follow the Senate’s lead and pass a bill that maintains the current structure of this essential program without delay.”

The Partnership for New York City applauds passage of the Workforce Innovation and Opportunity Act

Resource Type: Press Releases

“Today’s passage of the federal Workforce Innovation and Opportunity Act by the House of Representatives reforms a rigid and outdated workforce development system and sets the stage for employers to play a more active and effective role in preparing New Yorkers for the jobs of the future,” said Kathryn Wylde, President and CEO of the Partnership for New York City, the city’s leading business organization. “We commend the bipartisan collaboration that produced this legislation.”

Joint Statement from Partnership for New York City and Long Island Association Regarding MTA-LIRR Labor Negotiations

Resource Type: Press Releases

“A work stoppage on the Long Island Rail Road would be devastating to the Long Island and New York City economies, impeding hundreds of thousands of daily commuters and curtailing many businesses from operating normally. The Long Island and New York City economies are inextricably linked and one of the key ways our regions are connected is through the nation’s largest commuter railroad that must continue to operate. Accordingly, we urge the MTA and the LIRR union leadership to negotiate a resolution to their dispute and not harm our regional economy with a strike.”

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Statement from Kathryn Wylde, President & CEO of the Partnership for New York City, on Bank of New York Mellon’s Decision to Move Headquarters Downtown

Resource Type: Press Releases

“BNY Mellon will remain a New York-headquartered institution and consolidate approximately 1,100 great jobs in Lower Manhattan, thanks to the bank’s historic commitment to the city as well as Governor Cuomo’s pro-business initiatives and the exceptional real estate opportunity offered by Brookfield Properties. This demonstrates that the value proposition in New York City as the center of the global financial industry remains strong, despite growing competition from other localities.”

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Entrepreneurs showcase cutting edge technologies at Partnership Fund’s 2014 FinTech Innovation Lab Demo Day

Resource Type: Press Releases

Enigma, Kasisto, LMRKTS, pymetrics, RevolutionCredit, Standard Treasury Chosen for Top-Level New York-Based Technology Mentoring Program

NEW YORK; June 26, 2014 — Leading-edge mobility, data analytics and credit risk solutions were among the six technology innovations demonstrated for top financial services, venture capital and technology executives at the fourth annual FinTech Innovation Lab Demo Day in New York today. The Lab is a 12-week mentoring program created by Accenture (NYSE: ACN) and the Partnership Fund for New York City and supported by more than a dozen of the world’s leading financial institutions to promote financial services technology (“fintech”) innovation and high tech job growth in New York City.

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The Partnership Fund and Accenture’s new report highlights NYC as fastest growing market for financial technology in U.S.

Resource Type: Press Releases

New York is the fastest growing market for financial-technology ventures in the US; investment is set to double by 2018

NEW YORK; June 26, 2014 – New York’s most promising opportunity for technology leadership could lie in financial services, according to a new report by Accenture (NYSE: ACN) and the Partnership Fund for New York City. Deals and investments in New York’s financial technology, or so-called “fintech”, venture sector have been growing at twice the rate of Silicon Valley since 2008. The report says the trend is accelerating innovation among New York’s global financial institutions.

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Kimberly Spell Joins the Partnership for New York City As Executive Vice President of Communications

Resource Type: Press Releases

The Partnership for New York City today announced the hiring of Kimberly Spell as Executive Vice President of Communications. In this role, Kimberly will oversee internal corporate communications, external media affairs, and strategic marketing.

“Kimberly brings deep knowledge of the city and has made a huge contribution to building its global brand. Her understanding of how to build and maintain effective public-private partnerships will be invaluable to our work,” said Partnership for New York City President and CEO Kathryn Wylde.

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