New York City: A Model for Cities' Comeback

As New York City, the world’s financial and commercial capital, recovers from the pandemic, the City faces increasing competition from abroad and from rapidly growing US cities across the Sunbelt who are attracting an influx of businesses. To secure New York’s future as a world-class city, its traditional strengths as a global financial and commercial hub and cultural center of tourism and business convening must be reinvigorated. It is also critical that the changing, post-pandemic conditions that are affecting all major cities, including challenges in the commercial real estate sector, be addressed. This requires action from city, state, and federal officials across multiple fronts.

By attending this webcast, you will learn:

  • The state of New York City’s economic recovery, particularly in the crucial, traditional sectors that need to be reinvigorated including finance, real estate, insurance, and tourism
  • What types of reforms, particularly in the tax and regulatory environments, could make New York City more competitive and attractive to businesses and residents
  • How policies on returning to work in person can benefit the city’s economy
  • What motivated businesses and residents to leave New York City during the pandemic – and what can bring them back
  • How global competition should motivate reviews of the competitiveness of the US financial sector and New York’s tourism and hospitality sector
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New York City: A Model for Cities' Comeback
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CED POLICY WATCH

New York City: A Model for Cities' Comeback

AUGUST 17, 2023

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As New York City, the world’s financial and commercial capital, recovers from the pandemic, the City faces increasing competition from abroad and from rapidly growing US cities across the Sunbelt who are attracting an influx of businesses. To secure New York’s future as a world-class city, its traditional strengths as a global financial and commercial hub and cultural center of tourism and business convening must be reinvigorated. It is also critical that the changing, post-pandemic conditions that are affecting all major cities, including challenges in the commercial real estate sector, be addressed. This requires action from city, state, and federal officials across multiple fronts.

By attending this webcast, you will learn:

  • The state of New York City’s economic recovery, particularly in the crucial, traditional sectors that need to be reinvigorated including finance, real estate, insurance, and tourism
  • What types of reforms, particularly in the tax and regulatory environments, could make New York City more competitive and attractive to businesses and residents
  • How policies on returning to work in person can benefit the city’s economy
  • What motivated businesses and residents to leave New York City during the pandemic – and what can bring them back
  • How global competition should motivate reviews of the competitiveness of the US financial sector and New York’s tourism and hospitality sector

CED Policy Watch

Policy Watch explores relevant topics where business meets US domestic policy. Join experts at the Committee for Economic Development of The Conference Board and prominent policy makers as they dissect the impact of timely decisions from the nation's capital.

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