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Podcast episode
Economic Development
4.67 million, with Andrew Kimball
October 05, 2023
4.67 million is the total number of jobs in New York City, just shy of employment pre-pandemic. Though the economy is stable and employment generally strong, challenges remain. The economy is undergoing longer term transformation including remote work, which will affect our labor market and commercial real estate, and the City faces proximate challenges with the influx of new migrants and asylum seekers. NYC EDC's President and Executive Director joined CBC to discuss the Administration’s economic growth strategy, projects ranging from Willets Point to SPARC Kips Bay, the green economy and offshore wind, soccer, ferries, and more.
Podcast episode
Economic Development
50,000, with Hope Knight
June 29, 2023
50,000 is the number of jobs New York State expects to be created over the next 20 years by attracting Micron to central New York with $7.2 billion of incentives. New York has long been a leader in economic development, with the State and localities offering tax incentives and spending totaling over $10 billion a year. Joining the podcast to discuss the Micron deal, workforce development, the film tax credit, Penn Station, and what analysis is done to show these investments are worth the cost is Hope Knight, President, CEO & Commissioner of Economic State Development.
Podcast episode
Economic Development
8,200, with Councilmember Brad Lander
October 15, 2020
8,200 is the number of new housing units that could be created by the proposed rezoning of Gowanus, Brooklyn. Councilmember Brad Lander joins "What's the [DATA] Point?" to discuss the rezoning plan and make the case for comprehensive planning.
Podcast episode
Economic Development
20,000, with Industry City CEO Andrew Kimball and Councilmember Carlos Menchaca
September 24, 2020
20,000 is the number of jobs that could be potentially created by proposed rezoning of Industry City, a sprawling retail, office, and manufacturing complex in Sunset Park, Brooklyn. But this week the developer pulled the plug on the proposal after negotiations with stakeholders came to a standstill. What went wrong, and what does that mean for the future of Industry? This is episode is a tale of two rezonings, as told by Industry City CEO Andrew Kimball and NYC Councilmember Carlos Menchaca.
Podcast episode
Economic Development
72%, with NYC Business Leaders
August 16, 2020
72% is the share of firms which have experienced challenges in the switch to remote work spurred by the pandemic. The datapoint is from a survey of business leaders representing several key NYC economic sectors. We convened a panel of five CBC Trustees representing real estate, finance, law, health, and job development to discuss the survey's finding, and how they believe their sectors--and the City as a whole--will look like in the short-term and the long-term.
Testimony
Economic Development
Testimony on Industrial Development Agencies and Local Development Corporations
November 22, 2019
CBC has long advocated for increasing accountability and improving the performance of all entities engaged in economic development spending.
Testimony
Economic Development
NYS ABO's Oversight and Regulation of IDAs
Testimony before the New York State Authorities Budget Office
September 04, 2018
The purpose of today’s public hearing is to discuss regulations recently proposed by the Authorities Budget Office to impose additional disclosure requirements on local industrial development agencies (IDAs).
Testimony
Economic Development
NYCEDC 2018 and Beyond: Borough-by-Borough in the Next Four Years
Testimony before the New York City Council Committee on Economic Development
February 06, 2018
How can EDC improve its performance in 2018?