News Summary
New York City will hold a pivotal event on November 12, addressing its competitive future amid increasing costs and regional competition. Sponsored by Crain’s New York Business and the Partnership for New York City, the half-day gathering will bring together business, civic, and real estate leaders to strategize on talent attraction and real estate market resilience. With discussions moderated by notable figures, key topics will cover workforce development, real estate challenges, and necessary innovations for sustaining New York’s global standing. Registration details will be provided for interested attendees.
New York City is set to host a pivotal event on November 12, focusing on the city’s competitive future amid rising costs and expanding regional competition. This half-day event is sponsored by Crain’s New York Business and the Partnership for New York City and will gather an array of business, civic, and real estate leaders to devise strategies aimed at preserving New York’s attractiveness for talent and the robustness of its real estate market.
The discussions will take place at the New York Marriott Marquis in Times Square, featuring two principal panel discussions moderated by distinguished industry figures.
Panel One: Competing for Talent and Jobs
The first panel is moderated by Kathryn Wylde, the President and CEO of the Partnership for New York City. It will address the challenges faced by the city as it grapples with being the most expensive location in America, a factor that poses significant risks to its ability to attract and retain skilled workers. Panelists for this discussion include Frances Bronet, President of Pratt Institute; Danny Meyer, Founder and Executive Chairman of Union Square Hospitality Group; Edward Skyler, Head of Enterprise Services and Public Affairs at Citi; and David Ulevitch, General Partner at Andreessen Horowitz. Key topics will encompass workforce development, quality of life enhancements, and necessary innovations for sustaining leadership in both business and cultural sectors.
Panel Two: Real Estate Under Pressure
The second panel, moderated by C. J. Hughes, Senior Real Estate Reporter at Crain’s, focuses on the mounting challenges within the housing and commercial real estate markets, particularly due to issues surrounding affordability. This panel features industry leaders such as Adam Flatto, President and CEO of The Georgetown Company; Michael Franco, President and CFO of Vornado Realty Trust; and Liz Hart, President of Leasing, North America at Newmark. Discussions will center on recent market shifts, development strategies, restoring investor confidence, and aligning public policy with current economic realities.
The Need for Change
The event promises to take a critical look at the adjustments required to sustain New York’s standing on the global stage. Potential areas of discussion may include tax reforms, zoning adjustments, the establishment of workforce housing, and overall improvements to the business climate. With the city at a crucial junction in its global business trajectory, the urgency of these conversations has never been more significant.
Attendee Expectations
The event is expected to attract leaders from various business sectors, including finance, real estate, and other industries, presenting a valuable opportunity for networking and collaboration. The event will be emceed by Fred P. Gabriel, Publisher and Executive Editor of Crain’s New York Business, ensuring a coherent flow of proceedings throughout the day.
Registration Information
Registration details and resources for potential attendees will be made available, enabling interested parties to confirm their participation in this critical dialogue on New York City’s sustained competitiveness in an increasingly challenging environment.
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Additional Resources
- Crain’s New York Business Event
- Housing Wire: NYC Real Trends
- McKinsey: New York 2040
- New York Times: Competition in Asia
- Stewart’s Shops: Best Milk in New York
- Wikipedia: New York City
- Google Search: New York City economy
- Google Scholar: New York City real estate
- Encyclopedia Britannica: New York City
- Google News: New York City business
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