Statement on Governor Cuomo’s Public-Private Partnership Transit Initiative

Resource Type: News, Statements

“Governor Cuomo’s initiative to create a public-private partnership to help improve the subway system is what has long been needed. Our city’s private and nonprofit sectors have expertise and resources that will supplement what government is doing, bring innovative ideas and expand support for the tough steps that are needed to modernize the system and generate more revenues. This is the kind of forward-thinking leadership we need to continue the success of public-private partnerships throughout the city. New York City is transforming into a 21st-century economic hub, and companies are coming from across the globe to set up shop here in the Empire State. Thanks to the previous remarkable success of public-private partnerships, major companies have already signed on to this initiative to ensure its success. By allowing this opportunity for companies and individuals to get even more involved, we can only expect a stronger, better New York for generations of workers,” said Kathryn Wylde, President & CEO of the Partnership for New York City.

Statement on the MTA’s 30-Day Plan

Resource Type: News, Statements

“The laser focus on repair, clean-up and preventive maintenance in the 30-Day Plan issued today by MTA Chairman Joe Lhota illustrates why he enjoys the confidence of the business community. This is the first step in what will be a challenging process of making New York’s subway system as reliable and well-equipped as those of other great world cities. The private sector is prepared to partner with the city and state to respond to what amounts to a significant crisis in our transit system and commit the resources required to support a first class system. Our region’s $1.5 trillion economy depends on an efficient and cost effective transit system. It is everyone’s responsibility — the City and the State — in this moment to work together toward a solution. We congratulate Chairman Lhota and the Governor for aggressively taking charge of the MTA’s modernization and upkeep,“ said Kathryn Wylde, President and CEO of the Partnership for New York City.

Statement from the Partnership for New York City on DEIS Release for the Gateway Program

Resource Type: News, Statements

“The New York business community considers Gateway our top priority infrastructure project. It will provide essential connectivity between the global financial and commercial center in New York City with the rest of America west of the Hudson River.  We are confident that the Trump Administration understands that this is a project of national significance and intends to partner with us in ensuring its timely completion,” said Kathryn S. Wylde, President & CEO, Partnership for New York City.

Statement from the Partnership for New York City in Support of Extension of Mayoral Control

Resource Type: News, Statements

“The business community congratulates Governor Cuomo and legislative leaders for successfully negotiating and passing a two-year extension of Mayoral Control of the New York City schools. At a moment when there is partisan deadlock on critical issues facing the nation, New York State has transcended political interests to do what is right for the 1.1 million children whose future depends on a good education. Since mayoral control was first enacted in 2002, there has been significant improvement in the city’s education system and it is gratifying that this will continue,” stated Kathryn Wylde, President and CEO of the Partnership for New York City.

FinTech Innovation Lab Celebrates Seventh Anniversary, Entrepreneurs Debut Breakthrough Technologies in Cybersecurity, A.I. and Fraud Detection

Resource Type: Fund News, News, Partnership Fund, Press Releases

NEW YORK; June 22, 2017 – The New York FinTech Innovation Lab, founded by Accenture (NYSE:ACN) and the Partnership Fund for New York City, celebrates seven years as it kicks off its annual Demo Day, hosted at the Bank of America Tower at Bryant Park. Eight startups will debut the innovations that came out ahead from this year’s applicants, including cybersecurity, artificial intelligence and fraud detection technologies.

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Statement from the Partnership for New York City in Support of Governor Cuomo’s Proposal to Give State Control of MTA Board

Resource Type: News, Statements

“Although we have not seen the legislation, New York City’s major employers and business leaders welcome the Governor’s proposal for the state to assume control of the MTA board in order to address immediate transit emergencies and to establish clear accountability for the management, maintenance and financing of what has become an unwieldy and overly bureaucratic authority,” stated Kathryn Wylde, President and CEO of the Partnership for New York City.

New York Building Congress and the Partnership for New York City Unite Industry Leaders to Support Design-Build

Resource Type: News, Press Releases

Proposed Legislation Would Save Approximately $158 Million and Over 18 Months Per Project

NEW YORK, June 19, 2017—The Partnership for New York City and the New York Building Congress have sent a letter signed by over 15 industry leaders asking the New York State Legislature to support design-build authorization for New York City.  They reflect the broad-based support for giving city agencies the procurement and contracting tools they need to save time and money on major capital projects.

As this year’s legislative session concludes, the group’s letter highlights the urgency of passing legislation sponsored by Assemblyman Benedetto and Senators Lanza and Golden (A.8134/S.6427) to authorize a procurement method that would expedite much-needed infrastructure improvements while also saving taxpayer dollars. The design-build project delivery model would allow New York City to construct several highly-anticipated projects across the city, including rehabilitating the Brooklyn-Queens Expressway Triple Cantilever and constructing the NYPD training facility at Rodman’s Neck.

“Design-build is the best practice for infrastructure improvements and has become the industry standard,” said Carlo A. Scissura, President & CEO of the New York Building Congress. “When designers and contractors collaborate in the earliest stages of a project, we all win. It’s time for New York to join the federal government and virtually every state already benefiting from the efficiencies of design-build.”

“This legislation has been blocked for three years by defenders of a status quo that is not working for taxpayers and is depriving us of badly needed public infrastructure,” said Kathryn Wylde, President and CEO of the Partnership for New York City. “We call upon the legislature to rise above this obstructionism and give city agencies the tools they need to bring us needed improvements in public facilities.”

The letter from the New York Building Congress and the Partnership for New York City also points out that lack of design-build authority for New York City hinders the city’s ability to be competitive nationally. The anticipated one trillion dollar federal plan to rebuild the nation’s infrastructure will be geared toward states and municipalities that are able to build better, faster and cheaper.

Read full text of the letter

Over 100 Business Leaders Call for Extending Mayoral Control

Resource Type: News, Press Releases

CEOs Stephen Schwarzman and Charles Phillips Join Mayor de Blasio to Urge Albany to Reauthorize Mayoral Control

Mayoral Control of New York City schools will lapse at the end of June if the legislature does not act to extend it. Today, the Partnership for New York City released a letter signed by 105 business leaders urging Governor Cuomo and leaders of the State Senate and Assembly to make the current governance system permanent, so that it is no longer subject to political uncertainty and horse-trading.

Partnership Co-Chair Stephen Schwarzman of Blackstone, Executive Committee Member Charles Phillips of Infor and President & CEO Kathryn Wylde will join Mayor de Blasio and Chancellor Farina at a press conference at City Hall to announce the business community’s strong support of the current system and to highlight the accomplishments in education achieved with mayoral control under Mayors Bloomberg and de Blasio.

“Mayoral control is working, as demonstrated by the consistent improvement in graduation rates and student performance since its enactment. However, we still have more work to do to strengthen our public schools and to support our city’s students and teachers. We urge Albany to extend mayoral control permanently so we can continue building on that progress,” said Steve Schwarzman, Co-Chair of the Partnership for New York City and Chairman, CEO, and Co-Founder of Blackstone.

“Technology is the city’s fastest growing industry, but its continued success depends on our schools producing the talent we need to fill the jobs of the future. Mayoral control has enabled the school system to respond quickly and effectively to rapidly changing workplace demands and must be continued,” stated Charles Phillips, Chairman & CEO of Infor and a member of the Executive Committee of the Partnership for New York City.“If the legislature fails to extend mayoral control before the close of session, the resulting disruption of the school system would be a terrible setback for education in New York City. Albany will, hopefully, not be that irresponsible,” stated Kathryn Wylde, President & CEO, Partnership for New York City.

“If the legislature fails to extend mayoral control before the close of session, the resulting disruption of the school system would be a terrible setback for education in New York City. Albany will, hopefully, not be that irresponsible,” stated Kathryn Wylde, President & CEO, Partnership for New York City.

See full text and all signatories