
Grace Rauh the Executive Director of the Five Borough Institute spoke live on 1010 WINS Newsline with Budd Mishkin about why the city should take advantage of the recent lay-offs in the tech industry.

Recent tech sector layoffs are of course not the same scale as these other moments of global upheaval, but the same formula applies: hardship creates opportunity, if the right leaders seize it.

A group of New York City business and civic leaders is backing an initiative to create a handful of important, realistic policy goals for Mayor Eric Adams, filling what they believe is a critical hole in his administration’s vision for the city.

The group is being established as a “non-profit, non-partisan clearinghouse for great urban policy ideas and pragmatic solutions to chronic problems,” according to a four-page memo.