Economic Competitiveness

Global Business, Local Benefit

Global Business, Local BenefitNovember 12, 2017
New York has a significant opportunity to increase economic activity through a strategic focus on attracting and retaining foreign companies, particularly in the tech sector.

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2017 Federal Priorities

2017 Federal PrioritiesDecember 2016
Shortly after the Presidential election, the Partnership surveyed CEOs to solicit their views on the top federal priorities for 2017.


New York’s Innovation Economy


Partnership Focus: TAMI

At Risk: New York’s Future as the World Financial Capital

Partnership Focus: Financial Services Sector

infogrx-financial services

NYC Jobs Blueprint

April 19, 2013
A set of recommendations for collaborative actions that the public and private sectors might take to insure that NYC remains a strong, inclusive city of opportunity.

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New York City as a Destination of Choice for Talent


Winning the Global Race for Talent


Cities of Opportunity


Cities of Opportunity – 2011


Cities of Opportunity – 2010


Cities of Opportunity – 2008


Foreign Direct Investment: Bringing the Benefits of Globalization Back Home

FDI---Bringing-the-Benefits-of-Globalization-Back-Home-2008_Page_01June 2008
New York’s economic success is increasingly dependent on business operations established here and controlled by foreign-owned companies, known as Foreign Direct Investment.

Cities of Opportunity – 2007



Economic Development

New York’s Next Big Industry: Commercial Life Sciences

New-York's-Next-Big-Industry-Commercial-Life-Sciences-Partnership-for-New-York-City-03-2017_Page_1March 2017
Targeted public and private investment can double the jobs and economic output of the state’s life sciences industry over the next decade.

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Fintech’s Golden Age

Fintech-Golden-Age_2016-06_Page_1June 2016
In the United States and globally, New York is quickly becoming the center of fintech innovation.

Fintech New York: Partnership’s Platforms and Open Innovation

Fintech-New-York-Partnerships-Platforms-and-Open-Innovation_2015_Page_01June 2015
Through innovation labs, venture capital
funds and hack-a-thons, financial institutions
are engaging with the fintech community.

The Rise of Fintech: New York’s Opportunity for Tech Leadership

The-Rise-of-Fintech_2014_Page_01June 2014
New York has a unique opportunity to profit
from a technology revolution that plays directly
to its strength as a world financial center.

New York’s Next Big Industry: Commercial Life Sciences

thumbnail_Commerical_Life_Sciences_WebJune 22, 2016
A new report on New York’s life sciences industry and its potential for significant growth in the coming years.

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The New New York: Where Wall Street Meets Silicon Alley

September 21, 2016
The Partnership compiled data on the financial services industry and the high tech industry in New York, noting the convergence between Wall Street and Silicon Alley.

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2015 Economic Impact of Financial Services

May 2016
New York City ranks No. 1 among U.S. cities with over
330,000 financial services employees.

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Technology, Advertising, Media & Information in New York City

October 27, 2015
The Partnership compiled data on the impact of the technology, advertising, media and information (TAMI) sectors in New York City.

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Guarantee of Clear Title: A Revenue Opportunity for New York State

Guarantee-of-Clear-Title-Partnership-for-New-York-City-12-2008December 2008
In the face of the worst fiscal crisis in its history, New York State is seeking creative ways to leverage its assets and increase its revenues — preferably, without raising taxes.



Delivering on the Promise of New York State: a Strategy for Economic Growth and Revitalization


New York & China: Building a Global Partnership Includes Policy Recommendations To Help Focus Economic Activity In New York



New York City’s K-12 Education System
Inception of Mayoral Control of School: 2002


March 2018
The introduction of mayoral control has helped to close the achievement gap between New York City students and their peers in other public schools across the state.

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Career & Technical Education in NYC: School Survey Results


Career & Technical Education in NYC: Employer Survey Results

Progress Report on NYC School Reform


Fiscal – Budget Taxes

Are More Taxes the Answer?

Are More Taxes the Answer?

February 2018
New York Metro is the highest taxed global commercial center in the world.

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What the Tax Plan Means for New Yorkers

What the Tax Plan Means for New YorkersFebruary 23, 2018
The average family of four that earns $175,000 will pay 25% of their income in taxes; in Florida the same family will pay 14%.

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Loss of Deductibility Hurts States that Contribute Most to U.S. Economy & Treasury

September 12, 2017
New York City’s tax revenue contribution to the federal government is $56.1 billion more than it receives in federal grants and other support.

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New York’s Tax Problem

February 9, 2017
New York’s top personal income rates are higher than domestic and international competitors.

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Can New York Depend On a “Millionaire’s Tax” to Solve the Budget Crisis?



Out of Balance – A Comparison of Public and Private Employee Benefits in NYC


Impact of 9/11 on New York City

NYC Economic Update: Three Years After 9/11


New York City and Terrorism Insurance in a Post-9/11 World


Selected Post-9/11 Economic Indicators


Lessons Learned: An Analysis of the New York City Investment Fund’s Financial Recovery Fund for Small Businesses Affected by 9/11


Vital Signs UPDATE: Economic Realities and Challenges Facing New York City One Year After 9/11


Vital Signs: Economic Realities and Challenges Facing New York City One Year After 9/11


Working Together to Accelerate New York’s Recovery



$100 Billion Cost of Traffic Congestion in Metro New York

January 17, 2018
Traffic congestion will be a $100 billion drag on the New York metro area economy over the next five years unless something is done to discourage cars and trucks from crowding the streets and highways of the region during the busiest times of the day.

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4 Ways Albany Can Support Transportation Infrastructure in 2018

4 Ways Albany Can Support Transportation Infrastructure in 2018

February 2018
New York’s aging transportation infrastructure needs $100 billion+ in modernization, service improvements and expansion.

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Clear for Takeoff: A Better Future for New York Metro Airports

January 27, 2017
How New York City employers and business travelers rely on local airports/air travel, and what improvements could make travel more efficient

See the results

NJ Transit Strike Economic Impact

NJ Transit Rail Strike: The Economic Impact on New York City

March 7, 2016
The economic impact a NJ Transit rail strike would have on New York City employers.

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Congestion Pricing: Time to Get Serious

Congestion Pricing: Time to Get SeriousMarch 24, 2016
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.

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Grounded: The High Cost of Air Traffic Congestion

GroundedTheHighCostofAirTrafficCongestion–February2009February 2009
The Partnership for New York City undertook this study in order to establish the full economic costs of air traffic congestion at the three major airports serving the New York Metropolitan Region.


Growth or Gridlock: The Economic Case for Traffic Relief and Transit Improvement for a Greater New York


Transportation Choices and the Future of the New York City Economy


Immigration Reform

Not Coming to America: Why the U.S. is Falling Behind in the Global Race For Talent


The Economic Case for Immigration


Quality of Life

Homelessness in New York City

Homelessness in New York City

September 2016

New York City has twice as many homeless people as any other city in the U.S. The city accounts for 2.7% of nation’s total population, but 14% of its homeless population.

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Snapshot: New York City Unemployment

November 17, 2015
New York City currently has 250,000 residents who are
unemployed and actively looking for work. More than
one-third of these unemployed residents have been out
of work for over six months.

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Homelessness in New York City

October 19, 2015
New York City has twice as many homeless people as any other city in the U.S. The city accounts for 2.7% of nation’s total population, but 12% of its homeless population.

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New York City Crime Statistics

NYC Crime Statistics

August 12, 2015
The Partnership compiled crime statistics from across the five boroughs, looking at both violent and non-violent crimes. The statistics display the concentration of crime by police precinct and track the rates of crime since 2013.

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Impact of Paid Sick Leave on NYC Business: A Survey of New York City Employers


Hidden Revenue: Regulating the Underground Economy of Sports Betting