New York Works Creating Good Jobs - The City of New York Mayor Bill de Blasio
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NewYork
Works
Creating Good Jobs
The City of New York
Mayor Bill de Blasio
Alicia Glen
Deputy Mayor for Housing and
Economic Development
NewYork Works Creating Good Jobs
Table of Contents
30,000
Letter from the Mayor
pg.04
01. Tech jobs
pg.28
Executive Summary
pg.06
02. Life Sciences 15,000
jobs
Introduction and Healthcare
pg.40
pg.14
20,000
The City’s Toolbox
03. Industrial and jobs
pg.26
Manufacturing
pg.52
5 Strategies to Create 100,000 Good Jobs
pg.28
Connecting New Yorkers to Good Jobs
04. Creative and
pg.94 Cultural Sectors 10,000
jobs
pg.66
Additional Economic Impacts
pg.100 05. Space for Jobs of
Implementing the Plan the Future 25,000
jobs
pg.106 pg.82
Letter from 5
the Mayor
To My Fellow New Yorkers:
By many measures, our city is in an extraordinary period of Through these direct actions, we will create 100,000 good,
progress. Unemployment is at a record low. We have more jobs middle-class jobs over the coming decade.
than ever before. Wages are finally rising again, after tumbling
sharply during the recession. Our economy is more diverse than We will attract new industries to New York City, like cybersecurity
ever, with technology transforming industries from finance to and life sciences.
manufacturing to media.
We will train workers to secure jobs in high-demand fields with
But there is deep inequity in this success story. good pay and good benefits, and work directly with employers to
actively place them, through initiatives like ApprenticeNYC.
Access to the good-paying jobs of the “New Economy” is far from
equal. Hundreds of thousands of working New Yorkers struggle We will help companies with strong job-growth potential succeed
to earn enough to afford raising a family in this city. And the jobs by making sure they have the physical spaces they need—in both
and sectors that historically supported our middle-class are in City-owned and private assets.
tremendous upheaval. These challenges cut to the heart of the
city we want to be. These programs will strengthen both the economic security of
our people and the economic future of our city.
Every New Yorker deserves a fair shot at a good job that pays a
quality wage and offers the opportunity to develop a meaningful Given the challenges and uncertainty coming out of Washington,
career. Focusing on job quality is not only a moral imperative, but there has never been a more urgent time for New York to serve
essential for the future of New York City. as a model for inclusive economic growth. And what better time
to take up this mantle than now—from our current position
This is a plan to put the force of City government behind a new of economic strength, when we are most able to bring our full
generation of middle-class jobs and promising, high-paying in- resources to bear and make the most of this historic opportunity.
dustries within reach of New Yorkers. It invests in our workers, in
our buildings, in our neighborhoods, and in our companies. Together, let us lead the way to a bright economic future.
Mayor Bill de Blasio
Photo Credit (image on page left): Mayoral Photography Office, NYC
6
Executive 7
Summary
New York City is witnessing a time of nearly 50 percent of employment growth
historic growth. came from the education, health, and
technology industries. The city’s diverse
Today, New York City has a population talent pool attracts companies looking
of just over 8.5 million residents—and for employees with global understand-
that number is expected to reach 9 ing, and demographics reflective of their
million by 2040. Since 2014, the city has customers. Foreign born workers in New
added over 300,000 jobs. And over the last York make up 45 percent of the workforce
three years, employment growth in the and over 200 languages are spoken across
city has outperformed the nation in almost the five boroughs.
every sector, and unemployment has fallen
to as low as 4 percent. The city remains a global destination,
not only for businesses and talent, but
New York continues to be the place where also for visitors. A record-setting 60
companies and people choose to locate. million visitors came to New York in
Our city remains the global financial cap- 2016, drawn by world class culture and
ital of the world and is home to more For- entertainment, robust transportation
tune 500 companies than any other U.S. networks, and inviting public space. New
city. The city continues to grow through York is at a historic moment of growth
economic diversification. From 2007-2015, and opportunity.
Photo Credit (image on page left and above): Mayoral Photography Office, NYC
8 The state and federal governments have The City’s tools to incentivize job creation 9
many tools that influence economic in the private sector include:
The Challenges of Our Time A Jobs Plan for All Tools for Creating growth, including, among others, personal
»» City-owned property that can be
Although the city’s resurgence has adapt to new mediums like virtual and New Yorkers Jobs and corporate income taxes, monetary
policy, trade policy, and financial regu-
activated for commercial and indus-
augmented reality. Artificial intelligence trial use
been dramatic, these gains have not lations. The City will work with its state
and machine learning will revolutionize In the 2017 State of the City, Mayor
been distributed evenly across the and federal partners to use these tools and »» Financing and tax incentives
healthcare diagnoses and digital adver- de Blasio set a goal of using direct
five boroughs. The unemployment rate leverage them where possible to improve that help business acquire property,
tising. The proliferation of blockchain City actions to spur 100,000 new,
for New Yorkers without a college degree the economic wellbeing of New Yorkers. construct and renovate facilities, and
technology will further push the evolu- good-paying jobs over the next ten
is almost double that of the working age invest in equipment
tion of global finance and spur continued years. While the City will continue to en-
population as a whole. Nearly 95 percent However, New York has the opportunity
courage overall economic and job growth, »» Capital investment in large scale
of the country’s income gains are claimed investment in cybersecurity. Automation to be a model at a time of political and
it will specifically catalyze 100,000 infrastructure that directly enables
by the top 1 percent of households. Over could impact 60 percent of occupations economic uncertainty at the federal and
quality jobs through City investments businesses to start and grow
the past 10 years, the percentage of New based on technology that exists today, global level. Through targeted use of the
fundamentally requiring workers in and direct actions. The following plan is »» Land use tools that set the rules of
Yorkers earning middle income wages tools within the City’s control, New York
those fields to develop new skills. a roadmap to meet that goal, to drive up development
dropped from 46 percent to 43 percent, can take direct action in investment and
New Yorkers’ incomes and, together with
impacting a quarter million people. This job creation. This report will focus on the »» Direct financial investment and
The way in which New Yorkers are investments in housing and schools, make
crisis of affordability has put tremendous use of these tools to specifically enable, support to industries that have high
working is also changing, with more and New York a more affordable place for
strain on families whose wages have bare- support, or incentivize the creation of potential for growth
more people working part-time and gig people to live and work.
ly recovered from the recession. 100,000 jobs over the next decade.
economy jobs. In 2014, 400,000 New
Yorkers were self-employed or worked as These jobs will pay at least $50,000 a year
Alongside this rising inequality, there is
freelancers. or put people on a clear pathway toward
tremendous disruption driven by tech-
achieving that level of wages. This will pro-
nology that is challenging and changing
This technological revolution comes at a vide a new generation of New Yorkers the
the way businesses operate, and the skills
time of increased affordability challeng- opportunity to pursue a middle-class career.
New Yorkers need to secure the jobs of the
future. The impact of technology is being es, global competition, and uncertainty
felt on manufacturing floors and in the around investment at the national level. This plan has three
back offices of major financial firms alike. The role of the City is to make strategic
And more change is coming. The media investments needed to prepare New York
objectives:
and entertainment industries will have to City—and all New Yorkers—for the future.
1. Invest in the creation
of middle-class jobs
2. Ensure those jobs
Foundations for Growth are accessible to New
New York City is thriving thanks to that will repave roads, improve water in-
Yorkers
strong fundamentals: safe streets, frastructure, and rehabilitate bridges. Go-
improving schools, robust public ing further, the City will continue to make
3. Prepare for the jobs of
transportation, and dynamic neigh- investments to enable business expansion the future
borhoods. These conditions are basic and talent attraction and retention.
responsibilities of government necessary
to draw and retain talent, and to encour- The City has made significant strides in the
age companies to locate and grow here. last few years, from financing the creation
and preservation of over 63,000 affordable
To build on those strengths, the City is apartments to enrolling 70,000 children in
committing $96 billion to a ten-year capital free universal pre-k. The City is supporting
strategy that includes continued invest- climate resiliency and reduced crime below
ment in infrastructure, schools, housing, historic levels to make New York City the
resiliency, economic development, facilities safest big city in America.
for police and fire, among other agencies.
New York’s population today is just over
These investments are focused on ensur- 8.5 million residents and is expected to
ing a state of good repair across the city reach 9 million people by 2040.
Photo Credit (image on page right): Mayoral Photography Office, NYC
5 Strategies to Create
10 11
Industrial and Creative and Cultural Space for Jobs of
Manufacturing Sectors the Future
Good Jobs for New Yorkers 20,000 jobs 10,000 jobs 25,000 jobs
The City will create 20,000 jobs within the The City will support the creation of The City will create 25,000 jobs by
City’s industrial and manufacturing assets 10,000 jobs within the sectors that define supporting growth in office districts in
by increasing manufacturing capacity and the New York City brand and attract Manhattan and the emerging commercial
New York City will Tech Life Sciences facilitating the movement of goods into,
around, and out of New York City.
talent: fashion, film and TV, media and
advertising, music and the arts.
centers across the five boroughs.
create 100,000 30,000 jobs and Healthcare Core job markets will be strengthened
good-paying Technology today cuts across and impacts 15,000 jobs Trucks carry 91 percent of goods into and
out of New York City, with 80 percent of
The City will focus on the sustainability
and growth of its globally competitive
through zoning and other policy tools, as
well as public realm and transit improve-
jobs across five every industry, and will continue to re-
quire adaptation and innovation. The City The City will support the creation of
those vehicles entering from the west and
traveling through key chokepoints like
creative sectors. The City will invest in
over 1,400 good-paying jobs at the Sunset
ments. This will include Greater East
Midtown, where the City will promote the
strategies: will support innovation across industries 15,000 jobs within the life sciences and
healthcare industries by developing the
the George Washington Bridge and the Park Made in New York campus for construction of modern office space while
to create 30,000 jobs for New Yorkers and Verrazano-Narrows Bridge. This delays fashion and film and TV, expand the also investing in needed transportation
strengthen businesses across the city. life sciences ecosystem and focusing on
and increases costs for businesses in the fashion support package, and develop new infrastructure and public realm improve-
improved healthcare delivery.
five boroughs. New York City now has film/TV space at Steiner Studios. ments in the surrounding district.
Cybersecurity is a large and growing the highest congestion cost of any major
area of investment for companies, as Through LifeSci NYC, the City is
city ($16.9 billion in 2016) and the second Technologies like virtual reality and The City will further invest in jobs closer
online cyberattacks increase in sophisti- investing $500M to be at the forefront of
highest average time spent in traffic. The augmented reality (VR/AR) are already to where New Yorkers live, particularly in
cation, frequency, and financial impact. research and innovation in life sciences.
City will launch FreightNYC to make impacting media, changing the way news regional centers like Downtown Brooklyn
The City will invest $30 million to grow Over 85 percent of the 7,000 life sciences
comprehensive and strategic investments is covered and how advertising is sold. and Long Island City, and other com-
New York City’s cybersecurity ecosystem, jobs created will be good-paying.
to strengthen the City’s logistics and The City will invest $6 million to create mercial and industrial areas in Brooklyn,
with a goal of adding 10,000 new cyberse- »» Connect research to industry, create distribution systems. This will create the first publicly funded VR/AR lab in the Queens, Staten Island, and the Bronx.
curity jobs for New Yorkers over the next jobs, and advance healthcare and over 4,000 good-paying direct jobs across country to provide entrepreneurs in this The City will also propose zoning changes
ten years and making New York City the technology barging, docks, rail, and distribution, and space with the technology, funding, and that remove barriers to the creation of
home for commercial cybersecurity. The support thousands more by providing training needed to sustain growth. work space, like outdated use regulations
»» Unlock space for companies to grow
City’s investments will directly add 3,500 the infrastructure needed for businesses and other restrictions.
and employ New Yorkers
good-paying new jobs of the 10,000. This around the city to grow. The City’s in- The City will make strategic investments
will include investments to: »» Build a pipeline for diverse life sciences vestments in FreightNYC will reduce the in the jobs that come from the cultural and The City is exploring new tools to spur job
talent burden of these costs on local businesses entertainment assets that define the New growth, particularly in new commercial
»» Develop a strong pipeline of home-
grown talent by growing and scaling and allow them to continue to grow, hire, York City brand. These include initiatives areas. One way the City is doing this is
The City will also support innovations in and thrive. to support affordable artist workspace and by committing to relocate City agencies
entry level cybersecurity training
healthcare to improve delivery and health the music industry, and financial resources to anchor multiple new commercial
programs
outcomes. This will include an investment The City will also invest to modernize for cultural institutions. developments over the next decade. Not
»» Provide shared resources for students to accelerate the adoption of technologies and expand manufacturing facilities. This only will these developments create addi-
and foster industry connections by es- by connecting innovative companies to will include an additional $115 million tional space for growing businesses and
tablishing a cybersecurity center that healthcare providers. in ancillary space in the Brooklyn Navy new jobs—when City agencies vacate their
provides state-of-the-art technology Yard and the Brooklyn Army Terminal. existing spaces, it will free up office space
and collaboration space Targeted use of the NYC Industrial De- for private businesses in high demand
»» Drive the commercialization of R&D velopment Authority (NYCIDA) and other neighborhoods.
through academic and corporate financing tools will assist private sector
partnerships players to invest in and grow the manu-
facturing sector across the city.
»» Enable early stage companies to scale
through investment and support
The City is also advancing job creation in
smart cities technologies through invest-
ments that include the Urban Technology
Hub at Grand Central Tech, New Lab at
the Brooklyn Navy Yard, and the Union
Square Tech Hub.
12 ApprenticeNYC will build on the Life Sciences and Creative and Cultural 13
employer relationships the City has
Connecting developed through our Industry Partner- Additional Economic Implementing the Healthcare Sectors
New Yorkers to ships, and create a new training model
that combines traditional workforce
Impacts Plan »» Release LifeSci Hub RFEI »» Open the first phase of the Steiner
Studios expansion at the Brooklyn
Good Jobs education and training with on-the-job In addition to 100,000 quality The City has committed over $1.1 billion
»» Launch the LifeSci NYC incubator
Navy Yard
learning provided by employers who have direct permanent jobs, the City’s to date. Over $250 million will be commit- »» Launch the LifeSci NYC internship
»» Open the VR/AR Lab
These five strategies help create good jobs already hired the trainees. By combining investments will support 240,000 ted in November 2017 and January 2018 program
for New Yorkers, but the City will need to the traditional new employee “learning construction jobs that will provide plans. Additional investments toward »» Launch the fashion support package
»» Host a Digital Health Marketplace
ensure that more New Yorkers have access curve” period with pre-hire technical middle-class incomes for thousands creating 100,000 jobs will come over the for garment manufacturers
matchmaking event
to these quality jobs. Through its Career training that builds a job-ready new hire, of New Yorkers. The City is working to next ten years. »» Launch the Made in NY Animation
Pathways initiative, the City has built, and employers gain the certainty of a pipeline make those jobs accessible to New Yorkers Project
will expand, a series of workforce programs of talented new employees, and workers of all backgrounds through HireNYC and
Industrial and
that bridge the opportunity gap through gain the certainty of employment and Near-term Milestones Manufacturing
capacity building programs for minority
education, training, and job matching— skillset that will increase their opportuni- and women owned business enterprises
The City has identified a number of Space for Jobs of the
near-term milestones and will provide an »» Select an operator for the South
putting more New Yorkers onto career ties beyond the apprenticeship. (M/WBE). These investments will also
annual update on progress against these Brooklyn Marine Terminal
Future
pathways into the middle-class. help to achieve the City’s ambitious re-
ApprenticeNYC will begin as a multi-year as well as future milestones. »» Release RFP to start the NYC Human
siliency and sustainability goals through »» Complete FreightNYC study
pilot in three sectors with employers Resources Administration’s (HRA)
»» Industry Partnerships are a series of initiatives like the Green Jobs Corps. »» Open 1 million square feet of space at move to anchor new office develop-
business advisory councils that provide
who have been partners on other City Tech Building 77 at the Brooklyn Navy Yard ment in East New York
programs and have specifically expressed This plan will also have much broader
strategic and tactical input into new »» Release the first cybersecurity RFP
interest in partnering to build new hiring »» Open the FutureWorks TechShop at »» Select a developer for the City-owned
and existing job training and prepara- indirect effects. Through these investments,
and training models. As an example, »» Convene cybersecurity industry the Brooklyn Army Terminal site on Vernon Boulevard in Long
tion programs. The City will expand the City will create over 15,000 indirect and
Spotify developed its New York City Tech- 17,000 induced jobs over the next ten years. leaders to advise on sector needs »» Open an additional 500,000 square Island City
these partnerships to scale successful
nology Fellowship after noticing a gap feet of industrial space at the Brooklyn
programs (like the Web Development »» Top out construction for the Dock 72
between their traditional hiring methods
Fellowship) and develop new training
and the high potential candidates from
project at the Brooklyn Navy Yard Army Terminal Connecting New Yorkers
programs to help connect New Yorkers
to quality jobs.
underrepresented backgrounds that »» Start construction on the B. New York to Good Jobs
were excelling in bootcamps but lacked incubator at the Brooklyn Navy Yard
»» Launch first cohorts of ApprenticeNYC
»» Work with City institutions of higher formal professional engineering experi-
education, particularly the City ence. Building on programs like this, the
University of New York, to ex- City will partner with Spotify and other
pand college curriculum to match employers in the tech, industrial, and
employer needs and incorporate healthcare industries to build out a new
industry-specific training. model of apprenticeships, with the first
»» Deliver “bridge” training, com- cohorts beginning in late 2018.
bined with adult basic education,
so New Yorkers can get their high
school equivalency and prepare for a
job at the same time.
»» Increase the diversity of local talent
tapped for these jobs through targeted
outreach and training.
»» Develop and launch ApprenticeNYC,
a new employer-training partner-
ship model that allows New Yorkers
to get the hands-on experience
they need while placing them in a
career-ladder profession.
Photo Credit: Mayoral Photography Office, NYC
14
NYC’s Seasonally Adjusted Employment Introduction 15
(in millions)
A generation ago, no As legend has it, a defining moment
in the life of the city came in 1977, in
one could have imagined the middle of a World Series game
4.1 the resurgence of at Yankee Stadium, with the an-
nouncement, “the Bronx is burning.”
New York City. In the ’70s and ’80s, not only was the
Bronx burning, but so were the other four
boroughs. Jobs were down, crime was up.
Whole swaths of housing and manufac-
3.9 turing stock were abandoned and derelict.
In little more than a decade, upwards of
one million people had left the city.
The situation today could not be more
different. After losing almost a million
3.7
residents in the decade from 1970 to 1980,
the city has grown dramatically.
3.5
3.3
Today, the population
3.1
of New York City is
2.9
just over 8.5 million
residents—and that
number is expected to
2.7
2.5
January 1990 August 2016 reach 9 million by 2040.
16 17
A Global Capital
As New York City witnesses a time of The economy is strong and growing. As of ural home. Foreign-born workers make
historic growth, it remains the most March 2017, companies in NYC employed up 45 percent of the labor force and
competitive city for businesses and an unprecedented 4.4 million people. Un- almost 50 percent of business owners
talent in the world. employment has fallen to as low as 4 per- are immigrants. Over 200 languages
cent this year, and over the last three years, are spoken across the five boroughs.
employment growth has outperformed the
nation in almost every sector. In 2015, the New York also benefits from a large,
city’s nominal Gross City Product (GCP) skilled workforce, attracting talent
was $805 billion. Real GCP increased 15 from around the country and the
percent from 2008. world. Millennials make up nearly 20
percent of the population and are the
Globally, New York City remains the most educated group of young workers
Unemployment financial capital of the world and it is home
to more Fortune 500 companies than any
in the city’s history. The share of
people ages 23 to 29 with at least some
has fallen to as low other U.S. city. The city continues to grow
through economic diversification. From
college education has increased from
61 percent in 2000 to 72 percent in
as 4 percent this 2007 to 2015, nearly 50 percent of em-
ployment gains came from the education,
2014. The city boasts 105 institutions
of higher education and CUNY—
year, and over the health, and technology sectors. Businesses
locating in the city benefit from continued
the nation’s largest public higher
education system—has propelled
last three years, investment in the transportation system,
three international airports that in 2016
around six times as many low-income
students into the middle-class as all
employment brought in over 46 million passengers, the
development of world-class office space
eight Ivy League campuses, plus Duke,
MIT, Stanford, and University of
growth has including Hudson Yards and World Trade
Center, and access to an unparalleled
Chicago, combined.
outperformed the talent pool. The city is a global destination. A
record-setting 60.3 million people
nation in almost The city has the most competitive and
diverse workforce worldwide. For growing
visited in 2016, drawn by world
class culture and entertainment, a
every sector. companies looking to serve increasingly
diverse global markets, New York is a nat-
distinctive food scene, and beautiful
public spaces.
Photo Credit (image on page right): Mayoral Photography Office, NYC18 However, to remain globally com- to meet the housing needs of the low- 19
petitive, the City needs to continue est-income New Yorkers. Helping New
Opportunity at a to invest. Although the city’s economic Yorkers increase their earning potential is
Time of Change resurgence has been dramatic, it has not
been felt evenly across the five boroughs.
an important part of meeting the afford-
ability challenge.
In recent years, 95 percent of the country’s
income gains were claimed by the top 1 At the same time, the world is on the cusp
percent of households. of a technological revolution that will
challenge the way businesses operate and
Affordability in New York City remains fundamentally change the composition of
a real challenge. Wages have remained the city’s workforce. New technologies are
largely flat while the cost of living has disrupting every sector of the economy.
increased dramatically. One in five New
Yorkers is below the poverty line and,
The media and entertainment industries
must adapt to new mediums like VR/
60 percent of jobs will
overall, over 1 million workers earn less
than $15 an hour. It is a major challenge
AR. Artificial intelligence and machine
learning are revolutionizing healthcare
significantly change
and demand on limited funding resources diagnoses and digital advertising. The
from automation
Affordability in Less than 5 percent
New York City remains of jobs can be entirely
a real challenge. automated away using
existing technology
50%
49% % of New York workforce earning
middle income wages has not
48% recovered to pre-crisis levels Source: "A Future that Works: Automation, Employment, and Productivity," McKinsey Global Institute
47%
proliferation of blockchain technology is On average, millennials change jobs almost double that of New Yorkers with
further pushing the evolution of global fi- four times before they turn 32. The a college degree. To participate in the
46% nance and spurring continued investment sharing economy is another contributor modern economy, the ability to work with
in cybersecurity. to the changing nature of work, with an computers, smartphones, and industrial
increasing number of gig workers cob- robots is becoming an essential. And soon
45%
Automation and machine learning are bling together an income across mul- it will become a stronger requirement
further disrupting the way New Yorkers tiple, part-time roles. In 2014, 400,000 across the board: for students writing
44% work. According to McKinsey, less than 5 New Yorkers were self-employed or research papers, New Yorkers looking for
percent of all occupations can be entirely worked as freelancers. new jobs, office workers spending their
automated using existing technologies, work days on laptops, and factory workers
43%
but 60 percent can be automated in part. Instead of shying away from this chal- making solar panels.
This means that the nature of work in lenge, the City needs to prepare and
42% most occupations will change dramatical- ensure that it becomes home to the jobs The technological revolution comes at a
ly, even if it doesn’t disappear entirely. created by these new technologies. The time of affordability challenges, in-
City will invest in education and train- creased global competition, and econom-
41%
The way in which New Yorkers work is ing of New Yorkers since education has ic uncertainty at the national level. The
further changing, moving more toward never been more critical to accessing role of the City is to make the strategic
40% part-time work, working multiple jobs at quality jobs. The unemployment rate for investments needed to prepare all New
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 once, and often working across sectors. New Yorkers without a college degree is Yorkers for the future.
Source: ACS PUMS 1-year estimates20
Three objectives: Foundations for The City is committing 21
Growth $96 billion in capital over
1 To support good-paying jobs and
prepare for the future, the City
needs to invest significantly in the
ten years. This includes
continued investment in
physical and social infrastructure
Invest in the The City will address the increasing that serves as the foundation for
divide in the quality of job opportu- economic growth. The City is commit-
nities available to New Yorkers by ting $96 billion in capital over ten years.
infrastructure, schools,
creation of investing in industries where mid- This includes continued investment in
dle-class jobs are growing. Across infrastructure, schools, housing, resilien-
fields ranging from advanced manufac- cy, economic development, facilities for
housing, resiliency,
middle-class jobs turing to freight, from film and television police and fire, among other agencies.
economic development,
to the life sciences, the City’s efforts will
specifically focus on creating good, acces- First, these investments will focus on
sible jobs. ensuring a state of good repair across the
city by repaving roads, improving water
2 facilities for police and fire,
infrastructure, and rehabilitating bridges.
Between 2014 and the end of fiscal year
among other agencies.
2019, the City will have repaved 6,600
lane miles. The City will activate its third
water tunnel between Brooklyn and
Queens by the end of 2017, and further
invest in bridge rehabilitation and core in-
Ensure jobs are The City will create career pathways
and invest in industry partnerships
that make these middle-class jobs
frastructure improvements across the five
boroughs. The City has committed to a $1
billion Neighborhood Development Fund
accessible to accessible across the diverse New
York talent pool. As the nature of work
changes, industrial and technology jobs
to support the underlying infrastructure
needed to support growth in neighbor-
hoods that are rezoned for more housing.
New Yorkers will require an increasing level of qualifi-
cation. The City will invest in education,
training, and industry partnerships to
Going further, the City will continue
to make investments that enable
ensure that New Yorkers have the skills business expansion and talent
and digital savvy they need to access attraction and retention. The City
middle-class job opportunities today and has made significant strides in the last
3
into the future. few years—from financing the creation
and preservation of over 63,000 afford-
able housing units to enrolling 70,000
children in free universal pre-k. The City
has committed to making $20 billion in
investments to support climate resiliency
and has reduced crime below historic
Prepare for the The city is in the midst of a technol- levels to make New York City the safest
ogy revolution. New technologies like big city in the U.S.
VR/AR and machine learning, and new
jobs of the future ways of working, like the sharing and gig
economies, are transforming the jobs
New Yorkers have and how they perform
them. The City will invest to stay at the
forefront of future technologies, ensuring
that New Yorkers are the beneficiaries of
these changes.
Photo Credit: Mayoral Photography Office, NYC22 Housing Education 23
The City has already made mean- The City has also made a major
ingful investments in affordable and investment in education. Since 2008,
public housing. Housing New York, the spending on education has increased 42
City’s ten-year affordable housing plan, percent to $24.3 billion in 2017, creating
seeks to ensure that New Yorkers have a historic increase in graduation rates to
access to affordable housing by building 72.6 percent. The de Blasio Administra-
or preserving 200,000 housing units over tion has pioneered free universal pre-k
ten years—enough inventory to house education, which has enrolled 70,000
over half a million New Yorkers. Through children and will expand to 3-year-olds by
the Department of Housing Preservation 2021. New York is one of the few cities in
and Development (HPD), as of March the country that offers free preschool to
2017 the City has financed the creation all 3-year-olds, and is the largest of such
and preservation of over 63,500 affordable programs. Among other investments, the
units across the five boroughs, providing June 2017 budget dedicates more funding
over 150,000 New Yorkers with housing. for school lunches, improved library facili-
Another 85,000 residents depend on HPD ties, and universal physical education.
for Section 8 vouchers and nearly 600,000
residents rely on the New York City
Housing Authority (NYCHA) for public
housing or Section 8 vouchers. As part of
the ten-year strategic plan for NYCHA,
the City has committed nearly $2 billion
in capital for roof repairs, façade repairs,
and permanent lighting.
Public Transportation Public Safety
The City is committed to continued The City continues to reduce crime
investment in public transportation, far below historic levels to make New
particularly as infrastructure ages York City the safest big city in the
and new connections are needed. country. In the first quarter of 2017, over-
In 2015 the City made its largest capital all offenses were down 5 percent, murders
commitment to the Metropolitan Trans- were down 10 percent, and shootings were
portation Authority (MTA) in history: down 22 percent from the previous year.
$2.5 billion. This is part of a five-year plan The City continues to invest to ensure
to improve subway stations, upgrade the that the New York Police Department
frequency of subway service, and continue (NYPD) is at the cutting edge of innova-
to expand Select Bus Service in New York tion and pioneering police strategies to
City. To connect the growing economic strengthen relationships between police
centers along the Brooklyn and Queens officers and the communities they serve.
waterfronts—which encompass 409,000
residents and 295,000 workers—the City
has expanded the Citi Bike bike-share
system, launched a state-of-the-art ferry
system, and is studying a new waterfront
streetcar project. The new NYC Ferry
waterway transit service served 250,000
riders in its first month, and by the end of
2018 will include six routes and 20 land-
ings across the city.
Photo Credit: Mayoral Photography Office, NYC24 Resiliency against The largest number of new mid- music, and the arts. These industries 25
dle-class jobs—30,000—will be are a core part of quality of life for New
Climate Change 5 Strategies to created in tech-related fields. The Yorkers and attract millions of tourists
The City has committed to making These investments are the crucial
Create 100,000 infusion of technology across finance, in-
surance, energy, advertising, and a range
every year. They promote the NYC
brand and draw Fortune 500 companies
$20 billion in federal and local invest-
ments to support climate resiliency
foundations of a vibrant city, but they Good Jobs of other industries will create opportu- and top talent here, which directly and
are not sufficient by themselves. nities that offer a clear pathway to the indirectly contributes to job creation.
and ensure New York’s long-term The city still needs to attract and grow Good jobs will pay at least $50,000 a middle-class.
sustainability. The work includes the industries and jobs that will employ New year or put people on a clear path- Finally, the City will take action
$355 million East Side Coastal Resiliency Yorkers for decades to come. To build on way toward achieving that wage, The City will stimulate the creation to ensure that nearly 25,000
project on the Lower East Side, nearly $2 these foundations, the City is pursuing affording a new generation of New of 20,000 industrial and manufac- jobs can be created through the
billion to strengthen public hospitals at strategies that will directly lead to the Yorkers the opportunity to pursue turing jobs. As these sectors evolve, they development of office and profes-
risk, and a $45 million commitment in creation of 100,000 quality jobs accessible a middle-class career. The City is will continue to offer opportunities for sional space for jobs of the future
Hunts Point to ensure the long-term via- to New Yorkers. investing in five strategies that will lead to middle-class jobs in New York. The City is throughout the five boroughs. As
bility of the city’s food supply. In addition the creation of 100,000 good-paying jobs. investing to ensure that manufacturing, the economy changes, this development
to large-scale infrastructure investments, To estimate the share of good-paying jobs logistics, and distribution jobs remain in will ensure that space is available for
the City is also supporting innovative for projects, the City looked at the share New York for the long term. companies to grow and that people are
projects to boost resiliency and sustain- of workers in any given sector annually able to work closer to where they live.
ability, such as the launch of a mitigation making greater than $50,000. Another 15,000 jobs will be created
banking program at the Saw Mill Creek in life sciences and healthcare. These In addition to specific investments
on Staten Island. range from high-level research and devel- to generate these 100,000 jobs, the
opment to positions in medical technol- City will continue to invest in broader
ogy, and hospital and home care delivery economic growth. City investments in
jobs (many of which do not require a construction for commercial, residen-
college education). tial, transportation, and other infra-
structure building projects will create
The City’s investments will support 240,000 construction jobs. The City’s
the creation of 10,000 jobs in a wide efforts to create 100,000 direct jobs will
range of creative and cultural sectors, also support over 15,000 indirect jobs
including film and television, fashion, and 17,000 induced jobs.
Good jobs will pay at
least $50,000 a year
or put people on a
clear pathway toward
achieving that wage.
Photo Credit (image on page left): Mayoral Photography Office, NYC26
The City’s Capital From transportation to distribution
systems, the City invests billions
in infrastructure projects. These
27
Toolbox Investment investments directly support job
creation by enabling businesses to
grow as a result of infrastructure. For
example, a distribution facility would
The foundation for economic growth City-Owned be able to operate because of road
improvements that improve access
to the facility or a new rail line that
Property
is strong infrastructure. But beyond
investing in housing, transportation, connects to it.
schools, a reduced crime rate, neigh-
borhood infrastructure, and resiliency
against climate change, the City can
As neighborhoods grow and evolve,
use its tools to directly incentivize job
there are opportunities to activate
creation. These tools span strategic
City-owned land for public benefit.
Land Use
investments in industries and neighbor-
The City’s goals might include affordable
hoods, financing and funding programs,
housing, industrial space, community
and mechanisms to guide the use of land
facilities, and parks. The City can work
Tools
throughout the city.
with private and nonprofit developers to
activate these sites or develop and tenant
In addition to the tools directly under
the sites itself.
the City’s purview, the federal and New
York State governments have a variety of Zoning sets rules for the use and
programs that the City does not control. development of land, which in turn
The federal government’s various agencies
Financing and
shapes what investment can occur in
provide tax credits to develop affordable the city’s neighborhoods and busi-
housing, financial assistance for low-in- ness districts. By ensuring that regula-
come New Yorkers, regulations to lower
Tax Incentives
tions are versatile enough to meet a range
the cost of telecom and broadband ser- of work space needs, and by providing
vices, capital funding to invest in climate capacity for commercial growth in appro-
change resiliency, and more. The state priate areas, the City can unlock space for
government wields direct control over jobs and support the ability of businesses
The City offers a number of financing
how New Yorkers are taxed, including to adapt to evolving economic conditions.
tools to help businesses acquire property,
the share that the City collects to fund its
construct and renovate facilities, and in-
services. Although the City does not con-
Direct Investment
vest in equipment. The primary mechanism
trol these tools, it does advocate for their
for the delivery of benefits is the NYC Industri-
existence and expansion in a responsible
al Development Agency (IDA), which encour-
way, and builds upon them with its own
and Support
ages economic development throughout the
resources where possible.
five boroughs. IDA programs are discretionary,
meaning the City can target companies that
New York City will use the tools that it
will use the benefits to further City policy goals
controls, in coordination with the federal
like the creation of good-paying jobs. The City operates a wide variety of
and state programs it does not control, to
business development and support
enable, support, or incentivize the creation
Federal grant programs and state tax incen- programs, particularly in industries
of 100,000 jobs over the next decade.
tives offer additional financing options. The that have high potential for growth
federal government offers tax credits for in New York but face barriers that
The City’s primary affordable housing, workforce training, and government can help eliminate or
tools include: more. And while the City doesn’t control state reduce. These investments include seed
tax policies, it helps New York developers and funding, business management education,
companies access the state’s tax incentives, connections to customers, and branding.
especially the popular Industrial and Com- The City connects with more than 10,000
mercial Abatement (ICAP) and Relocation and entrepreneurs and small businesses per
Employment Assistance (REAP) programsthat year through neighborhood business
promote development of commercial office hubs, helping them launch and grow their
space in the boroughs. companies and connect with capital.28 29
30,000 jobs
for New YorkersWages for Jobs that Tech: 31
Do Not Require a
Bachelor’s Degree
Innovation across
Industries
$35
Building on its booming tech economy, the City
will support the application of new and innovative
technologies across industries to create 30,000+
$30
good-paying jobs for New Yorkers and strengthen
businesses across the city.
New York’s tech ecosystem contrib- school district in the nation to teach this
utes nearly 300,000 jobs. This figure critical subject to all students. As a result of
$25 is likely to grow even further as technol- a $10 million industry partnership via the
ogy continues to power innovation across NYC Tech Talent Pipeline, thousands of
industries. Tech jobs now encompass New Yorkers will be trained with the skills
all businesses and every industry. they need in demand fields like web devel-
The average annual salary in the tech sec- opment and server administration.
tor is $70,000 to $80,000, making it one
$20 of the best sources of good-paying jobs in As advancements in new technologies like
the city. Further, 44 percent of these jobs machine learning, artificial intelligence,
are accessible through skills training that and virtual reality continue to progress,
$19 does not require a college degree. In jobs New York City will be at the forefront of
NYC average wage
across all sectors
44 percent of that do not require a college degree, tech
jobs pay 45 percent more in hourly wages
translating these innovations into good-
paying jobs. The City will expand on this
$15 tech jobs are than average. foundation to add 30,000 good-paying
jobs in technology across multiple indus-
accessible to New The City has already made large invest-
ments in programs like Computer Science
tries over the next ten years.
for All and the NYC Tech Talent pipeline. The City’s strategy will make seed invest-
Yorkers without a Because of the program, every public school ments in new technologies that will create
student in New York City will learn comput- good-paying jobs and improve the compet-
$10 bachelors degree. er science by 2025, making NYC the largest itiveness of New York City industries.
$5
$0
Tech Jobs in Non-Tech Jobs in Tech Jobs in NYC Tech
Tech Industries Tech Industries Non-Tech Industries Ecosystem
Data from the 2013 HRA report, NYC's Tech Ecosystem32
The City will invest $30 million to 33
Make Seed
Investments in New
grow New York City’s cybersecurity
Technologies that ecosystem, with a goal of adding
Will Create Good 10,000 new cybersecurity jobs for
Jobs and Improve New Yorkers over the next ten years.
the Competitiveness
of NYC Industries
To remain on the leading edge, New
York City’s companies must continue
Initiative 1: Make New York City the home of
to adapt and harness new technolog-
ical advancements. Initially, the City
commercial cybersecurity
will invest in cybersecurity and smart city Cybercrime is a large and increasing The City is already home to more than
technologies, and continue to identify problem for local companies, government, 6,000 cybersecurity jobs and local
additional areas where the City can take a and individual accounts. This is highlighted businesses are eager to add more. If the
leadership position. by regular media coverage of high-profile growth in demand for cybersecurity jobs
breaches. As a result, global spending on keeps pace with the recent trend line and
cybersecurity is increasing rapidly and is growth of other major hubs of activi-
expected to grow more than 1.2 times to ty, New York City will need more than
$170 billion in 2020. With its strength in key 10,000 additional cybersecurity profes-
industries like finance, tech, and healthcare, sionals to fill jobs across the spectrum of
New York City is well-positioned to become talent over the next ten years.
the next home for cybersecurity as demand
shifts from federal intelligence agencies to Cybersecurity jobs pay good wages,
the private sector. provide a range of access points, and offer
good career ladders. Many types of cyber-
The City will invest $30 million to security roles exist, including IT analysts,
grow New York City’s cybersecurity
ecosystem, with a goal of adding
10,000 new cybersecurity jobs for
software developers, risk auditors, and
compliance analysts that manage security
regulations. These jobs pay a median
Cybersecurity will employ thousands
New Yorkers over the next ten years.
The City’s investments will directly add
3,500 good-paying jobs of the 10,000. This
annual starting salary of $65,000 and are
accessible to everyday New Yorkers with
some training. Emerging bootcamp-style
of New Yorkers
programs like Per Scholas, supported by The financial services industry has an ever growing
will include investments to:
the City, have successfully trained New demand for cybersecurity analysts. Barclays, for example,
»» Develop a strong pipeline of homegrown benefits from investments made in meeting the growing demand
Yorkers who do not have four-year degrees
talent by growing and scaling cybersecu- for analysts through a pipeline of New Yorkers. Barclays hired
to become security monitoring analysts at
rity training programs Angela Nelson, a graduate of Per Scholas’ first cybersecurity
large financial institutions, and compa-
»» Provide shared resources for students nies around the city are experimenting program, as an internal risk management intern.
and foster industry connections by es- with innovative ways to train diverse New
tablishing a cybersecurity center that Yorkers for these jobs. A Brooklyn resident and single mom with a 16-year-old daugh-
provides state-of-the-art technology ter, Angela found Per Scholas after working in real estate and
and collaboration space The City’s investment will go further to customer service, frustrated with the unstable nature of work
develop the local talent needed to support that made it hard to support her family. Through her internship
»» Advance the commercialization of at Barclays, she’s building the valuable experience needed for a
R&D by supporting the development job growth in the cybersecurity field and
to ensure the long-term competitiveness career in cybersecurity.
of academic R&D labs that create part-
nerships between academia, industry, of New York within this industry.
Per Scholas has received over 300 applications for its course and
and entrepreneurs its graduates have been hired by five New York employers, includ-
»» Enable early stage companies to scale ing Barclays. They are in talks with additional employers about
through investment and support hiring future graduates.34
Initiative 2:
To source new innovations that will
address these urban challenges, the City
the operators, the City, and education-
al and corporate partners. It will create The community of companies in New Lab at 35
the Brooklyn Navy Yard are using technology to
is investing $7.2 million to create Grand 2,000 good-paying jobs over ten years.
Invest in smart city Central Tech in Manhattan and New
Lab at the Brooklyn Navy Yard. These Early tenants include Honeybee
technologies Urban Technology Growth hubs will offer
100,000 square feet where companies
Robotics, which designs products
for medical, space, and military
solve urban challenges
Population growth, climate change, working on solutions to urban challenges applications; Strongarm Technologies,
and aging infrastructure present can grow. This flexible space will accom- which produces high-tech
challenges to urban settings. modate company expansion and provide performance and safety equipment We only planned to be in New York for three months, but the City really rolled out the
Technology can provide new ways to resources for prototyping and testing for physical laborers; and Nanotronics
take them on. products, as well as technical support. Imaging, which produces advanced red carpet for us. We’re proud to be inaugural members of the Urban Tech Hub, and
Programming will include support from industrial microscopes. look forward to working with City agencies as we expand.
— Andrew Shearer, Cofounder, Farmshelf
As cofounder and CEO Andrew Shearer tells it, Farmshelf ment, and connections to mentors and investor relationships.
was “born in San Francisco but raised in New York.” Through the course of the year Farmshelf has spent at New Lab,
Andrew and his cofounder came to New York to be part of the the company has grown from two to eight paid employees—
UrbanX startup accelerator, with the intention of returning to each making more than $50,000 annually—and raised $1 mil-
San Francisco after the program. Intrigued by the opportunities lion in funding. Last month, Farmshelf launched its first public
that New York City offers to startups, Andrew moved the beta installation—Farmshelf units in Grand Central Terminal
company to the Urban Tech Hub at New Lab instead. growing fresh produce.
The company creates modular hydroponic farms. They’ve Farmshelf has now outgrown its space at New Lab and is taking
created a smart system of internet-connected hydroponic units, an additional 4,000 square feet in Brooklyn Navy Yard Building
LED lights, cameras, and sensors that grows produce twice 77. The new space will be used for prototyping and small-batch
as fast, uses 90 percent less water, and yields more nutritious manufacturing, as well as growing fresh produce. However, as an
produce. New Lab provided Farmshelf with space, a community important part of the community, Farmshelf will maintain its
of likeminded entrepreneurs, 24/7 access to prototyping equip- headquarters at New Lab.
Photo Credit (image on page left and page right): Mayoral Photography Office, NYC36
Initiative 3: Create Tech Talent Pipeline equips 37
a tech hub in Union
Square
New Yorkers with the skills they
Technology has the potential to
address great civic challenges. New
need to access tech jobs
York City is home to entrepreneurs who
are building solutions to challenges that Demand for tech talent continues to outpace New York
range from accessibility of healthcare to City’s available supply. While there have been 88,000 job open-
traffic congestion and climate change. ings for tech occupations in the city in the past year, the local talent
Until now, these innovators have lacked a pipeline isn’t large or strong enough to fill them. Many jobs in the
central location where they can collabo- sector require a four-year degree. By working with employers to
rate and develop solutions. address the root causes that limit the ability of New Yorkers to access
these jobs, this suite of talent initiatives will ensure that these grow-
The Union Square Tech Hub is a $250 ing careers of the future will be accessible to more New Yorkers.
million project that will anchor New
York City’s growing tech ecosystem, With this in mind, in May 2014, Mayor de Blasio launched the NYC
support the creation of over 500 good- Tech Talent Pipeline (TTP), the City’s tech industry partnership
paying jobs in the industry, and provide designed to work with public and private partners to deliver quality
high impact training to New Yorkers of jobs for New Yorkers and quality talent for city businesses. In three
many backgrounds. The 258,000-square- years, TTP has partnered with a network of 175 companies to define
foot space will open in 2020 at what is needs and take what works to scale across the city’s workforce and
now the P.C. Richard and Son building education infrastructure. To help realize this goal and to align tech
on 14th Street in Manhattan’s Union education with industry needs, 16 New York City public and private
Square. The space will provide wired, college presidents and provosts have committed to working as
open, and accessible workspaces to members of the TTP Academic Council with the City and employers.
an array of technology companies To date, the NYC Tech Talent Pipeline has had tremendous success
looking to grow in New York City, working with employers, CUNY, education providers, and communi-
and serve as a focal point for tech ty members to equip New Yorkers for 21st century jobs.
training and activity in the city.
An innovative 36,500-square-foot digital Employers can find local talent Photo Credit: Mayoral Photography Office, NYC
training hub will be at the core of the
Time Inc.’s news engineering team was rapidly growing and
Union Square development and lay the
groundwork for a much-needed new
needed to find the talent to support its increasingly dynam- New Yorkers can get industry-
talent pipeline for the city. The hub will
ic digital features across various brands, including TIME,
FORTUNE, and MONEY. When the senior director of engineering
informed training
be anchored by Civic Hall, a collaborative
heard about TTP Residency @ Queens College, a program that con- A Washington Heights native, Lois faced a life-changing
new work and event space advancing the
nects qualified, advanced-standing computer science majors at the moment when one of his parents was deported back to
use of technology for the public good.
CUNY senior college to short-term tours at local companies, he was the Dominican Republic, leaving him alone with very few
Civic Hall’s strong educational partners
excited by the potential of uncovering a new source of talent for his options. Living in his grandmother’s living room, he spent most
will provide best-in-class and affordable
growing team. Although Time Inc. had never before recruited from days in between shifts as a sales representative working odd jobs
trainings to help New Yorkers build
Queens College, he brought on two residents. One year later, Time and learning new technologies so he could succeed in these roles.
the digital skills of the future. Partners
Inc.’s partnership with TTP Residency has strongly paid off. The Inspired to develop a better understanding of the tools he used
include the New York City Foundation
company has hosted seven residents, hired two, and has committed every day, he applied and was accepted into the NYC Web Devel-
for Computer Science Education, General
to bringing on an additional eight in the coming semester across opment Fellowship, a 22-week intensive web development train-
Assembly, Per Scholas, FedCap, Code to
various brands including TIME, Sports Illustrated, Travel + Leisure, ing program offered by the NYC Tech Talent Pipeline in partner-
Work, and Coalition for Queens.
and various lifestyle publications. Additionally, TIME and other TTP ship with the Flatiron School. After completing the program, Lois
Residency hosts are providing constant feedback to participating landed a front-end engineer internship at LearnVest and within
In addition to supporting talent, the hub
colleges to help better align computer science education with indus- a few months was promoted to full-time software engineer. He
will offer 58,000 square feet of much
try needs, building a qualified pool of talent to meet the needs of and his classmates now earn an average annual salary of $65,000
needed flexible, wired work space catering
employers today and in years to come. TTP residents and interns are at companies like Microsoft, Viacom, and Goldman Sachs. As
to small, growing companies that have
among the 400 New Yorkers that have been connected to tech jobs Lois continues his career as a software engineer, he strives to be a
less capacity to commit to large offices or
through all Tech Talent Pipeline programs. source of inspiration for youth with limited opportunities.
long-term leases.You can also read
