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08.04.2015
The NewsHour asked several experts, those attending and not attending Thursday’s summit, for their thoughts on the best approach to creating new jobs. PBS NewsHour allows open commenting for all registered users, and encourages discussion amongst you, our audience. Some 113 companies or individuals affiliated with 18 well-known city developers made the contributions to the PAC, called Jobs For New York, which was created to advance a pro-growth political agenda for the city, according to records filed this week with the New York State Board of Elections. Jobs for New York has reportedly said that unions were also supporting the cause, but the donor list did not reveal any as of the latest filing in July.


Nearly all the firms had a residential component to their business, although some such as Newmark & Company and SL Green Realty are focused on commercial real estate.
Real estate firms have long fretted that once the pro-development Mayor Michael Bloomberg is out of office, a new mayor and City Council could turn away from his agenda and raise the cost of doing business in the city.
A spokesperson for Jobs for New York was not immediately available for comment, but the group has said in the past that it plans to contribute to City Council races. Jobs for New York expects to raise between $7 million and $10 million for the 2013 election cycle, Crain’s reported yesterday in a story listing many of the PAC’s donors.


They will debate their approaches to solving jobslessness, including a few that will encourage the administration to increase spending in the short term, either indirectly through tax cuts or directly through sponsored jobs programs, to bring the unemployment level down.



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