Gotham Gazette

The Place for New York Policy and politics

 

Economic Development

Economic Development

  • reyna rob program

    Considering an inclusive recovery in New York City (photo: William Alatriste/City Council)


    As the COVID-19 public health and economic crises continue, so does the conversation about recovery. This past week, the Center for an Urban Future (CUF), a nonprofit think tank focused on economic opportunity and equitable growth, hosted a digital discussion, “Ensuring an Inclusive Economic Recovery in NYC,” featuring several public policy experts.

    Jonathon Bowles, the executive director of CUF, opened the discussion saying “the immediate priorities are clear: keep people

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  • bloom sofl

    New York must take learn key leassons as it moves ahead (Photo: Spencer T Tucker/Mayor's Office)


    Though it feels like an eternity, it was only about a year ago that Amazon walked away from plans to build a second headquarters in Long Island City. The online juggernaut was scared out of town by a short-sighted public debate that centered on legitimate concerns about gentrification and displacement but underplayed future-looking arguments about economic growth. At the time ...

  • gov cuomo mayor amazon queens

    (photo: Kevin P. Coughlin/Office of Governor Andrew M. Cuomo)


    This week marks the one-year anniversary of the cancellation of the Amazon ‘HQ2’ Queens deal, which presents an opportunity for New Yorkers to reflect. That these types of destructive corporate welfare deals are still possible and that Amazon is still coming to New York City, albeit in a smaller footprint with fewer public subsidies involved, shows there is a lot still to be discussed around what - and who - our government prioritizes.

    With the quick success last

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  • corporate establish hq

    The planned Amazon site (photo: Kevin P. Coughlin/Governor's Office)


    This week marks the one-year anniversary of Amazon’s contentious withdrawal from its Long Island City plans. Meanwhile, the construction of 'HQ2’ is making steady progress in Arlington County, Virginia, and

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  • as cuomo proposes

    Flushing Special Waterfront District protestors


    Most Flushing community stakeholders, including at least one Community Board 7 member, learned from a December YIMBY article that a massive waterfront rezoning and special district application had been certified by the City Planning Commission, initiating the seven-month ...

  • goccuomo con di

    Cuomo & DiNapoli (photo: Governor's Office)


    A resolution has finally been reached around how to deal with a thorny issue involving Governor Andrew Cuomo, contracting oversight, and the corruption that plagued some of the governor’s biggest economic development initiatives.

    As of December 31, all relevant parties have agreed to comply with an August agreement between Cuomo and state Comptroller Thomas DiNapoli restoring the comptroller’s oversight of some large contracts entered into by SUNY and CUNY and their affiliates, and by the Office of General

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  • created ferry yards

    (photo via the Mayor's Office)


    As the spring semester begins for New York’s high school and undergraduate students, many will soon shift their focus from studies to a career. Generations ago, the options were pretty straightforward for students without an advanced degree: build something or sell something. Today, the job market is quite different.

    The information age has opened up all kinds of new opportunities for young people. At the same time, the traditional industrial or manufacturing job has changed as a result. Those who “build something”

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  • photo coach atrium view photo credit steve freihon

    (photo: Hudson Yards)


    Today Hudson Yards is largely described as a billionaires’ fantasy, but in fact it’s a rare instance of the city, state and federal governments partnering to create a strategy to help ensure New York City’s position as the world’s commercial capital. And it has an interesting origin story few may be aware of.

    Three months to the day before planes were flown into the World Trade Center, a little-known, but important report was issued by a group convened by New York

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  • marsh ave exped

    (photo: Michael Appleton/Mayoral Photography Office)


    [This article is a follow-up to Dr. Goodman’s August op-ed: Replacing Unsuccessful ‘Community Benefits Agreements’ with Neighborhood Stock Ownership Plans]

    How can neighborhoods defend themselves against displacement, gentrification, and disempowerment in an age of corporate domination? How can communities fend off

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  • whats the data point


    What's The [Data] Point? Episode 86 -- $28.8 billion, with Andrew Rein, Andrew Perry, and Ana Champeny of Citizens Budget Commission [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    regional eco dev$28.8 billion is the cumulative four-year budget gap facing New York State between fiscal years 2020 and 2023. CBC President Andrew Rein joined the

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  • city vernon

    City-owned building at Vernon Blvd & 44th Dr (photo: Memo Salazar)


    2019 may go down in history as the year public disenchantment with New York City’s land use policies reached a boiling point.

    In June, protestors disrupted a meeting about a neighborhood study for a potential rezoning on Southern Boulevard in the Bronx, claiming that city agencies did not really want their opinions. In August, a judge heard arguments in a lawsuit challenging the 2018 Inwood rezoning, with groups in that Upper Manhattan neighborhood charging that the environmental impact study

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  • marisa lago city breakfast2

    City Planning Director Marisa Lago (photo: May Vutrapongvatana)


    In a Friday morning speech about how New York City’s limited space is used, Marisa Lago, director of the Department of City Planning, discussed some of the department’s approaches to the housing, employment, and equity challenges facing the city.

    The city has a population of 8.4 million and is “the only older U.S. city that has surpassed its 1970s-era population peak,” said Lago, who was appointed by Mayor Bill de Blasio to direct the Department of City Planning and chair the City

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  • mbdb ferry

    Alicia Glen cristens a ferry (photo: Ed Reed/Mayor's Office)


    This is part two of a two-part series on former Deputy Mayor for Housing and Economic Development Alicia Glen's impact on the "built environment" of New York City. Jump to part one here.

    Part one of this series focused on Glen's style and leadership broadly, as well as her legacy on housing, including the de

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  • Alicia Glen

    Alicia Glen (photo: Paige Polk/Mayor's Office)


    This is part one of a two-part series on former Deputy Mayor Alicia Glen's impact on the "built environment" of New York City. Find part two -- on economic development, transit, and more -- here.

    It’s the year 2026 in New York City. Hundreds of thousands of new units of rent-restricted apartments have been added to the city’s housing stock as the

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  • childrens museum cojo

    Speaker Johnson, the author, at a construction site (photo: John McCarten/City Council)


    Opportunity Zones, which were part of the 2017 federal tax package, have the potential to improve low-income communities. But the way they are currently structured, they will only benefit neighborhoods already in the midst of building booms and gentrification.

    Here is how they are supposed to work: Investors get tax breaks if they invest in businesses and property development in low-income communities. In New York City, investors are eligible to save

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  • may first richard buery deputy

    (photo: Michael Appleton/Mayoral Photography Office)


    In recent years, New York City has racked up a series of impressive gains within the systems that prepare our youth for work and careers. The question is whether this progress will be enough for the city’s youth to navigate a rapidly changing labor market and achieve steady work and economic security. 

    While the economic expansion of recent years has swept many young adults into the workforce, most of these new workers are not on pathways to upward mobility. Part of that is the

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  • belmont park redev

    Belmont arena rendering (rendering: Sterling Project Development)


    Delayed appraisal, dubious benefits analysis, interest-free financing complicate rosy outlook

    Three lessons from the long battle over Atlantic Yards/Pacific Park and the Barclays Center in Brooklyn are that promises of huge financial benefits deserve skepticism, that independent studies trump promotional ones, and that scenarios should be presented as a range of outcomes, rather than just the best case.

    Unfortunately, those

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  • Ruben Dia Jr.

    Ruben Diaz Jr. (photo: Diaz Jr.'s office)


    Development in the Bronx has defined Ruben Diaz Jr.’s borough presidency, now in its tenth year and coinciding with record economic expansion across the city and country coming out of the Great Recession. And Diaz Jr. has defined his borough presidency –– and plans to build his upcoming run for Mayor –– around economic and housing development.

    The Bronx has seen $18.96 billion poured into development since 2009, the majority of which has gone to residential units, according to the borough president’s ...

  • Amazon deal New York announcement

    Announcing the Amazon deal that later fell apart (photo: Ed Reed/Mayor's Office)


    Current and former city officials and veteran city planners met Monday night to discuss the interplay of politics and policy in the notorious demise of the plan to site an Amazon campus in Long Island City.

    A central theme of the panel discussion, hosted by the Urban Land Institute in midtown Manhattan, was the balance the city must strike between articulating and acting on its long-term need for growth and the experiences of people

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  • citycouncil gjonaj

    (photo: Emil Cohen/City Council)


    The number of jobs in New York City reached an all-time high this year, bringing the unemployment rate to record lows. We are the envy of the nation. But there is one key sector where jobs are declining. For the first time in more than a decade, we are seeing job losses among restaurants and food service establishments.

    In an attempt to halt some of these losses, City Council Members Brad Lander and Adrienne Adams introduced legislation to prohibit employers from firing fast food workers without just cause, meaning

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  • georgetown madisonida

    Former Camp Georgetown Correctional Facility is expected to soon become Camp Brihat Yoga Retreat (photo: Madison County IDA)


    As New York continues to drastically reduce its incarceration rate, many prisons have become surplus. The state prison population has fallen from its peak of approximately 72,600 in 1999 to 47,400 this year.

    Governor Andrew Cuomo, under whom 24 prisons and juvenile detention centers have already been shuttered, introduced and passed legislation as part of the new state budget that would allow him to shut down two or

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  • alicia glen deputy

    Alicia Glen (photo: Paige Polk/Mayoral Photography Office)


    After more than five years as New York City’s Deputy Mayor for Housing and Economic Development, Alicia Glen recently left City Hall, having spearheaded a major affordable housing plan, efforts to diversify the city economy, and other aspects of Mayor Bill de Blasio’s agenda, which she helped shape.

    Glen oversaw the city’s troubled public housing authority, the implementation of a new ferry system, investments into public land to spur business development and the rezoning of East Midtown,

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  • business office

    (photo: Michael Appleton/Mayor's Office)


    The political imbalance in New York City between business and “anti-business” forces is becoming untenable.

    What is happening here has been in the works for many years and was not difficult to predict. Rising income inequality and the perception of a corrupt ruling class brought us the Tea Party movement, Occupy Wall Street, and the 2016 presidential candidacies of both Bernie Sanders and Donald Trump.

    As the nation gears up for the 2020 presidential race, rhetoric pitting “corporate

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  • whats the data point


    What's The [Data] Point? Episode 69 -- 5, with former Deputy Mayor Alicia Glen[You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    wtdp alica glen deputy mayorAlicia Glen was Deputy Mayor for Housing and Economic Development under Mayor Bill de Blasio for more than five years, until she recently left the administration after

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  • Patchett EDC hearing

    EDC President James Patchett (photo: John McCarten/City Council)


    In 2017, Mayor Bill de Blasio unveiled a plan to create 100,000 “good-paying” jobs, with annual salaries of $50,000 or more, within 10 years, giving New Yorkers a pathway to the middle class. On Monday, City Council members held an oversight hearing on that plan, attempting to more fully gauge how the de Blasio administration is doing on its promise.

    Bronx Council Member Ritchie Torres, chair of the Council’s Committee on Oversight and Investigation, co-led a

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