Center for an Urban Future
A Shortchanged City
Jonathan Bowles |
The money drain from New York to Albany.
The money drain from New York to Albany.
The city will lose its rep as the world’s best if it doesn’t work hard to attract the job-creating entrepreneurs of the future.
The city’s desperate need for job training is finally getting some attention, but progress won’t come until the suits join bureaucrats and advocates at the table.
Governor George Pataki loves New York (City), he swears. So why has he spent two terms in office waging economic war on the boroughs? A new report from the Center for an Urban Future counts the cash and finds that when it comes to state funding, New York City is about $2 billion short.
Incentives to keep companies in New York have failed miserably, but other governments have shown it’s possible to hang on to good jobs without giving away the store.
Fighting poverty in the city would take a big step forward if New York’s foundations targeted job creation instead of just patching neighborhood problems.
A review of Hands to Work: The Stories of Three Families Racing the Welfare Clock by LynNell Hancock
William Morrow, 308 pages, $25.95.
A recession is the perfect time to take advantage of an opportunity that King Rudy shunned–investing in entrepreneurs.
From apparel manufacturing to printing to air cargo, many of New York City’s most important industries suffered deep wounds after the World Trade Center attacks, according to a study released last week by the Center for an Urban Future, a Manhattan-based think tank.
Two years after a report commissioned by Mayor Giuliani slammed City University of New York for its low graduation rates, innovative partnerships between the city public schools and CUNY have begun to turn the system around, says a new study by Center for an Urban Future.