New York City Mayor Eric Adams and New York Governor Kathy Hochul launched a “New” New York blue-ribbon panel to examine the future of New York City and the region’s economy, to be led by co-chairs Robin Hood CEO Richard Buery and former Sidewalk Labs CEO Daniel Doctoroff. The “New” New York panel, one of 70 proposals Mayor Adams announced in his “Rebuild, Renew, Reinvent Blueprint for New York City’s Economic Recovery” plan in March, will develop actionable strategies for the resurgence and resilience of the city’s commercial districts. The initiative also builds upon Governor Hochul’s 2022 State of the State agenda and fiscal year 2023 New York State budget, which made investments to advance economic opportunity for New Yorkers across all communities.
The panel’s recommendations will focus on how and where people work as well as the mix and use of space in key employment centers, with a goal of minimizing vacancy, catalyzing vibrancy, and bolstering the tax base. It will also inform New York City’s path to an inclusive economic recovery with increased opportunities for New Yorkers to thrive in family-sustaining jobs.
The panel will focus on transforming the city’s job centers, including Midtown Manhattan, and other neighborhoods to support the ways people will live and work in the future. It will also identify key industries of the future, areas for regional cooperation especially related to infrastructure, and robust talent development opportunities to position local workers for careers in those industries.
The panel is expected to focus its efforts across three sets of goals:
- investing in placemaking
- growing future industries
- supporting our people
Specific goals will be developed by the panel, and additional panelists will be announced in the coming weeks, as the group is expected to convene in June and present recommendations before the end of 2022.