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Governor Hochul and Mayor Adams Announce Launch of "New" New York Blue-Ribbon Panel on Future of NYC's, Region's Economy

Robin Hood CEO Richard Buery, Former Sidewalk Labs CEO Dan Doctoroff to Lead Expert Panel Set to Convene in June 

Panel Will Develop Recommendations for Reimagining How and Where People Work and Driving Inclusive Growth for the City and Region 

Governor Kathy Hochul and New York City Mayor Eric Adams today announced the launch of "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 concrete proposals Mayor Adams first 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 ambitious 2022 State of the State agenda and fiscal year 2023 New York State budget, which made historic investments to advance economic opportunity for New Yorkers across all communities. 

"It is critical that we find new, innovative solutions to move New York's economy forward as we continue to build back better than ever from the COVID pandemic," Governor Hochul said. "The 'New' New York panel is laying the groundwork today to usher in a brighter tomorrow, and their expertise will help support bold initiatives in every corner of the state. I thank Richard Buery and Dan Doctoroff for leading this effort, and look forward to working with them to create a New Era for New York."  

"While our city continues to add jobs at a faster rate than the rest of the country, we have more work to do to ensure all New Yorkers can access family sustaining careers," said Mayor Adams. "The experts on our 'New' New York panel will identify actionable strategies to build a more equitable economy, reimagine our central business districts, and prepare our city to lead in the industries of the future. I am extremely pleased to have Richard Buery and Dan Doctoroff lending their experience and creativity to this critical effort." 

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. 

Empire State Development Commissioner, President, and CEO Hope Knight said, "The economy of our region — and the nation — depend on a strong, vibrant, resilient New York. The 'New' New York panel convened by Governor Hochul and Mayor Adams includes some of the brightest and most determined New Yorkers, who — with their collective experience and expertise — will undoubtedly provide a thoughtful, actionable blueprint to expand New York's economy and ensure it provides opportunity for all." 

Read the full press release here.