150 Big Businesses Warn Mayor of ‘Widespread Anxiety’ Over N.Y.C.’s Future

Leaders of companies like Goldman Sachs and JetBlue implored Mayor Bill de Blasio to take more decisive action to halt the city’s decline.

More than 150 business leaders in New York City joined together on Thursday to warn Mayor Bill de Blasio that he needed to take more decisive action to address crime and other quality-of-life issues that they said were jeopardizing the city’s economic recovery.

Chief executives of companies like Goldman Sachs, Vornado Realty Trust and JetBlue sent a letter to the mayor portraying a bleak assessment of life in New York City during the pandemic, and suggesting a vote of no confidence in the mayor’s ability to correct it.


RSK: The Ying and Yang of things in New York. I would think the real estate taxes in NY would be plenty to turn things around. Maybe time to cut some Pork out of the city budget...although some have been built in by strong Union negotiations, the flow has slowly dwindled. The business community is not the enemy of the people. In fact, they are the lifeblood of tax income streams for the city.

- - Volume: 8 - WEEK: 38 Date: 9/15/2020 8:47:28 AM -