PRESS RELEASE — August 24, 2010Statement From Kathryn Wylde, President & CEO of the Partnership for New York City, on Department of Energy Decision On Energy Efficiency Hub
“To compete for this federal grant, New York State pulled together an unprecedented coalition of public, private and university institutions in New York City, Long Island and Upstate,” said Kathryn Wylde, President & CEO of the Partnership for New York City, the organization that recruited the business and real estate members of the project team. “Today’s announcement is a disappointment. But it does not change the fact that New York is in a position to lead the national effort to make buildings more energy-efficient and reduce dependence on fossil fuels. Our city and state can be a prime mover in one of the most important new global industries."
PRESS RELEASE — August 9, 2010Partnership for New York City Announces $1.5 Million in Funding for City's Most Promising Bio Research Projects
The Partnership for New York City announced it is accepting applications for $1.5 million in funding for biomedical research projects that promise to generate new businesses and jobs in the five boroughs. This is the second round of the BioAccelerate NYC Prize, a competition that provides $250,000 each to scientists at New York research institutions whose projects show the greatest promise for commercial success. READ MORE »
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PRESS RELEASE — August 5, 2010
Statement From Kathryn Wylde, President & CEO of the Partnership for New York City, on Andrew Cuomo's Energy Plan
“The Cuomo energy plan has the right focus: the need for energy policies that reinforce job creation and economic growth. The development of new technologies through partnerships with business and universities will reduce the cost of power over the long term and stimulate business investment in New York, where energy costs are double the national average and a huge burden on business."
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PRESS RELEASE — August 4, 2010
Statement From Kathryn Wylde, President & CEO of the Partnership for New York City, on the 2011 State Budget
“The business community welcomes the certainty that comes with adoption of a state budget, with full knowledge that next year’s budget deficit will be even larger and agreement will be even more difficult to achieve.
It is disappointing that no structural budget reforms were undertaken this year, except with respect to major reform of the state’s economic development programs. The Excelsior Jobs Program is a constructive step toward making New York more competitive for private sector job creation and new business investment. Ultimately, economic growth is the only good solution to our budget crisis.
The business community is encouraged that, for the most part, the Governor and the legislature rejected significant tax increases in this budget that would have diminished the state’s ability to expand the revenue base through increased economic activity and employment.”
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TESTIMONY — July 29, 2010
Testimony Submitted Before the NYC Industrial Development Agency on the Thomson Reuters' Project Amendment Request
Good morning Chair Pinsky and directors of the New York City Industrial Development Agency. Thank you for the opportunity to testify today on the proposed amendment to Thomson Reuters’ project agreement with the IDA.READ MORE »
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OP-ED — July 19, 2010
How Albany Kills Job Creation
The only good way to end New York state's fiscal crisis is job creation and economic growth -- but much of state government doesn't seem to have gotten the message. READ MORE »
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AUDIO — July 16, 2010
Kathy Wylde interviewed by Brian Lehrer on the passage of the financial regulatory reform bill.
- PRESS RELEASE — June 29, 2010
Statement From Kathryn Wylde, President & CEO of the Partnership for New York City, on the 2011 City Budget
“The Mayor and City Council have taken responsible action on the budget, but it is a great concern that they have been forced to cut services and personnel while overall spending is increasing by $3.6 billion due to the growing cost of public employee pensions and health care benefits.
Clearly there is a need to move quickly to reform pension and health plans that are no longer affordable and that far exceed the benefits received by most employees in the private sector.
- OP-ED — June 28, 2010
Crain’s New York Business Op-Ed: Rebrand Wall Street (Big Idea #21)
The Street’s fall from grace during the financial crisis has tarnished New York’s brand and stoked a Washington backlash that could slam the brakes on New York’s economic growth. No other industry can replace the high volume of good jobs, tax revenues, economic activity, philanthropy and global reach that the financial sector, anchored by dozens of powerhouse institutions, contributes to our city. We should launch an “Invest in America” campaign to win back public support for our hometown industry by demonstrating that the “new Wall Street” is not just about profits for the few, but about progress for our entire society. Opportunities include...READ MORE »
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OP-ED — June 28, 2010
Buffalo News Op-Ed: New ‘Excelsior’ program will benefit all of New York
Every region of New York State has a lot to gain from Albany’s recent decision to adopt Gov. David A. Paterson’s Excelsior program, a new set of economic development incentives that reward companies for creating good jobs and expanding their business in our state.READ MORE »
- PRESS RELEASE — June 18, 2010
Statement From Kathryn Wylde, President & CEO of the Partnership for New York City, on the Adoption of a New State Economic Development Program
“Congratulations to Governor Paterson, Speaker Silver and Democratic Conference Leader Sampson for moving forward with a new economic development strategy that promises to reverse private sector job losses and encourage new business investment in the state.
For more than two decades, New York has depended on a community revitalization strategy, known as Empire Zones, as the centerpiece of its economic development program. It did not work, especially in Central and Western New York, where subsidies went largely to real estate, utilities and retail projects rather than to growth sector, high tech industries that could bring new jobs and tax revenues to the state. New York lost tens of thousands of jobs to states with clear, as-of-right tax incentive programs along the lines of the Excelsior Program that the legislature has adopted.”
- PRESS RELEASE — May 24, 2010
Statement From Kathryn Wylde, President & CEO of the Partnership for New York City, on Andrew Cuomo's New York Agenda
“The New York Agenda that Andrew Cuomo released with the announcement of his candidacy for governor is a courageous document. It spells out a comprehensive blueprint for putting the state back on a solid track for economic growth and fiscal responsibility – one that the business community can support with enthusiasm.”
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“By launching his campaign with such a substantive publication, Andrew Cuomo demonstrates the kind of thoughtful leadership that New York desperately needs.”
- PRESS RELEASE— May 17, 2010
Statement From Kathryn Wylde, President & CEO of the Partnership for New York City, on State Bill to Extend Martin Act Enforcement Rights
“Extending the Martin Act as proposed would make New York a magnet for class action lawsuits against the companies that are the engine of our state economy. This bill would drive away current and future corporate operations and could cause the loss of thousands of jobs and millions of dollars in tax revenues.”
“There is little the State could do that would have such a negative impact on New York's ability to attract and retain business.”
- LEGISTLATIVE MEMO — May 5, 2010
Open Letter on Financial Regulatory Reform To the New York State Congressional Delegation From New York City Business & Civic Leaders
The U.S. Congress is preparing to act on financial regulatory reform legislation that is intended to create a stronger, less risky banking system, provide necessary protections for the consumer, and prevent another systemic crisis. We strongly support these objectives. READ MORE »
- PRESS RELEASE — May 3, 2010
Partnership for New York City and New York City Economic Development Corporation Annouce Winners of $1.5 Million BioAccelerate NYC Prize
Researchers based at Columbia, Einstein, NYU School of Medicine, and Polytechnic will help build a life sciences industry cluster that will create jobs in NYCREAD MORE »
- TESTIMONY — April 28, 2010
Testimony Submitted to the Department of City Planning, On Behalf of the City Planning Commission
The Partnership for New York City represents leadership of international and regional businesses that are headquartered in New York. Partnership members employ 775,000 people in New York City and contribute over $140 billion to the annual Gross City Product. READ MORE »
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TESTIMONY — April 28, 2010
Testimony Submitted to the Empire State Development Corporation and the Moynihan Station Development Corporation
Thank you for the opportunity to testify today in support of Phase I of the New York State Empire State Development Corporation’s (ESDC) General Project Plan for Moynihan Station in New York City.
The Partnership for New York City represents leadership of international and regional businesses that are headquartered in New York. Our members employ 775,000 people in New York City and contribute over $140 billion to the annual Gross City Product. READ MORE »
- PRESS RELEASE — April 15, 2010
More Than 100 top Executives To Participate Today in China-U.S. Business Leaders Roundtable
Today Mayor Michael Bloomberg will join the Partnership for New York City in welcoming a delegation of fifty top Chinese business executives to New York City for the China-US Business Leaders Roundtable, a daylong series of discussions dedicated to developing stronger business relationships between New York and China, held at the New York Stock Exchange on Wall Street. READ MORE »
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OP-ED — April 4, 2010
Huffington Post Op-Ed: Good, Bad & Ugly in Financial Reform
With health care out of the way, regulation of the financial industry tops the reform agenda in Washington. New York has a lot on the line. READ MORE »
