Joe Pellicane

@ycinnewyork @MarcNovicoff Thank you for sharing Yiatin! Most NYers do not understand that caving to the NYC DOE is destroying NYC - financially and structurally! The political class is unwilling to take this on - mayor & city council. They look at the teachers unions as their socialist allies.

This is the one article on NYC education you should read. @MarcNovicoff connects everything and explains why the largest school district in the country, with a 17% drop in 5yo enrollment, is adding $3B more this year. theatlantic.com/ideas/2026/04/…

@Maria4Dist6 @StevenFulop Thanks for calling out another of this Mayor's irresponsible proposals!

This Mayor’s instincts on how to handle NYC’s budget and our fragile economy seems to always miss the mark. He is just inexperienced and he has brought in the wrong people to advise him. Appreciate @StevenFulop for bringing leadership back to the Partnership. He is clearly right about this bad pension deferral plan. Kathy Wylde ( who did some good work in the past ) headed the partnership before she sold out and is now at a big lobbying firm. I would like to know when those conversations actually started. Perhaps it would explain the bizarre pandering we had to endure from someone who the business community actually trusted. I wonder what would have happened if she called out a DSA controlled mayor before the November election as the serious risk to NYC’s future that it is proving itself to be every day. NYC is now into 100+ days of socialism and it’s looking worse and worse every day. Going into June primaries and any special elections, we need to elect strong, consistent anti-socialist leadership if we are to have any chance of getting through the next 3 years and 7 months. We have some strong leaders in @JulieMenin and @MarkLevineNYC but every single upcoming election counts. We will be doing a voter guide. @OneCityRisingNY nypost.com/2026/02/05/bus…

Mamdani was very immature to criticize Griffin in front of 220 CPS. He wanted to create a tik tok video for his base. By doing so he pissed off one of NYC's best job creators, large payor of real estate taxes and philanthropist funding NYC institutions like MSK. The mayor showed he doesn't know what he is doing and is over his head. Very bad for NYC! He should make a public apology.

Pushing Ken Griffin out would be a self-inflicted wound for New York. Ken is not a tax dodger, as some elected officials portrayed unfairly. Ken is one of the city’s largest job creators, with 2,500 employees and $2.3 billion in taxes paid over five years. When someone like that signals he’s done being made an example of, City Hall should be listening. The pied-a-terre tax proposal, without thoughtful exemptions for job creators, will hurt the very New Yorkers it claims to help. nypost.com/2026/04/23/bus…

@SpeakerMenin @JulieMenin @NYCCouncil Our transit system is horrible based upon the $21 billion budget. Delays and danger affects us users in a terrible way. It is wasteful and reduces productivity due to lost time getting to and fro.

Happy World Public Transport Day! The @NYCCouncil is working to expand Fair Fares to cover the full cost of subway and bus rides, ensuring over one million New Yorkers have access to one of our city’s greatest assets: Our transit system.

Agree with you 100% Bill! Mamdani show his immaturity as his goal was to make a tik tock video. Griffin is good for NYC - he owns multiple apartments and has contributed millions in transfer and real estate taxes. His company is large employer and he is the main investor in a massive project - 350 Park Avenue that will create thousands of jobs. Our mayor disses him to show off to his comrades. Bad for NYC and embarrassing!

Non-residents who spend millions of dollars on NYC apartments help drive NYC’s economy. Most of the profit in condominium development is in the penthouses. The Ken Griffins of the world make NYC high end development viable, driving high-paying construction, brokerage, legal, marketing, and other jobs in NYC. We should be applauding Ken for spending $238 million in NYC, not attacking him for doing so. Importantly, non-resident owners of NYC apartments who leave their apartments vacant for much of the year are not a burden to NYC schools, services, or other resources while they drive growth in retail sales, restaurants, theater, and other important drivers of our economy. They also often support NYC non-profits with donations. Ken’s company is a major employer in NYC of very high paying jobs which drive a considerable amount of our tax base. We wouldn’t want him to move even more employees to Miami. These non-resident owners also already pay a lot of taxes including mansion taxes, real estate taxes, sales taxes and more. While @NYCMayor Mamdani likes the tag line ‘Tax the rich.’ Unfortunately, his policies will harm the constituencies he is supposedly trying to help. I can’t imagine the NYC construction unions are excited about his plan.

Mark, Should we discourage these people from buying? Investors pay real estate taxes (don't use city schools/services), frequent restaurants, Broadway and support the local economy. Currently there is a mansion tax up to 3.9% and transfer taxes of ~2%. If we tax real estate into oblivion we will destroy demand.

Thousands of ultra-luxury apartments in NYC have wealthy owners who pay zero in local income taxes because they don’t claim residency here. It’s only fair that these owners contribute to the cost of city services. This is a sensible proposal from Gov. Hochul.

@StevenFulop Agreed Steve and thx for posting! This is very concerning. What is the City doing to reverse this? Are they working with the Partnership and big corporations to jump start growth? Or are they sticking to their Marxist principles?

If you love NYC, this data should concern you. The city’s private sector added just 13,000 jobs in 2025 - down from 95,000 the year before. Even in office-based industries that anchor our tax base, growth was essentially flat. The trajectory is clear - raising taxes now would compound a problem that’s already serious. The city needs an immediate focus on EDC leadership and a real long-term jobs strategy city-journal.org/article/new-yo…

How do we create new jobs? The NYC administration needs to listen and work w the business community. JPM, legacy consultants, law firms, etc. need to want to stay and grow in NYC. The current mayor has been done a poor job with the business community and the ratings agencies have noticed. I appreciate you identifying this key concern. Is Mamdani listening? Hochul?

Job growth has come to a halt in NYC. This is the backdrop we have to keep in mind as we work towards a balanced budget for the city.

@StevenFulop Does he? His actions seem to b DSA/Marxist. There isn't any real effort to work w the business community. The people he has assembled have an arrogance and are anti capitalist.

It’s a good sign that Mayor Mamdani recognizes the seriousness of the jobs challenge. The business community stands ready to work with him on real solutions to grow jobs, invest in infrastructure, and keep NYC competitive. If he wants a partner we are here. nytimes.com/2026/04/08/nyr…

@StevenFulop Great to hear! Keep up the good work Steve.

Starting this week, we’re putting $1M (to start) behind a media campaign to fight policies + a tax narrative from some in Albany that ignores NYC’s economic reality. This isn’t partisan. It’s about keeping NYC a place where jobs grow and fighting to actually solve the affordability crisis. Job losses, AI disruption, and companies leaving are all very real already and raising taxes in this moment will only make the affordability crisis worse with costs higher and even more jobs leaving. My Fox 5 interview w/@morganfmckay from yesterday m.youtube.com/watch?v=_X2Y3l…

@SpeakerMenin @JulieMenin @CMLindaLee Julie, We need to cut spending (DOE, procurement policies, etc.) and make city government more accountable. All this rhetoric around raising taxes is bad for NYC!

Moody’s revised outlook for New York City underscores why we must prioritize fiscal discipline. Earlier, @CMLindaLee and I made clear the City can responsibly manage its finances without drawing down the Rainy Day Fund. Read our full statement: council.nyc.gov/press/2026/03/…

Thx for posting Steve! The Partnership needs to encourage its employees to write their council persons, assembly and state senators. Heastie & Couzens think tax increases 'poll well' but as you stated this will erode NYC economic base. Not only will jobs leave NYC new ones will be scarce w the exception of medicaid funded ones.

The @NYDailyNews ran two side-by-side Op-Eds today - one arguing for higher taxes and my response below on what that debate often misses. Economic policy doesn’t exist in theory or political sound bites. The real-world effects don’t stay neatly at the top - they show up in hiring decisions, wage growth, office footprints, and long-term investment across the city. You don’t need a huge shift to have a huge impact on the middle class. pfnyc.org/news/op-ed-hik…

@StevenFulop Agreed Steve! It is scary that NYC council and possibly leaders of NYS senate & assembly lead with tax increases. No discussion about reduction of expenses, waste and fraud. Very short sighted and bad for NYC & NYS!

Four tax proposals in two months should make the direction of this debate obvious and question whether it is necessary or political. Despite clear signs of a fragile NYC economy, we now have proposals for: • a $1M income tax hike • a $500K income tax hike • higher property taxes • higher corporate taxes At some point “tax the rich” stops looking like economic policy and starts looking like a political talking point. A new tax proposal every two weeks isn’t how you grow an economy.

@SpeakerMenin @JulieMenin Great point Julie! City spending needs to eliminate waste and be accountable to its citizens! Spending increases have greatly exceeded inflation with no benefit for too many years.

New Yorkers deserve a balanced budget that protects essential services and avoids unnecessary tax hikes. That begins with identifying responsible savings, including addressing hospital overcharges in our health care spending.

@StevenFulop Long overdue. The business can't continue business as usual and let the City government get hijacked by politicians that are overtly anti-business, anti- real estate and possibly worse (anti-semitic)!

We covered lots of ground today - Affordability, Taxes/competitiveness/job creation, Anti-semitism, housing are places we will engage near term. Longer term property tax reform, electoral reform, competitiveness are issues front/center

This morning’s Executive Board meeting at the Partnership for NYC broke new ground into a place we haven’t been before. I was encouraged by the board’s willingness to engage more directly in the public arena on issues involving political candidates. With 25 of the world’s leading business voices at the table this morning, we covered a broad agenda for the city - but one issue stood out to highlight: the troubling rise of antisemitism in NYC. We spent lots of time and CEOs made clear they will support me to deploy meaningful resources (millions already in a C4)- against any elected official who enables it in NYC. Our first foray into a place more overtly political + these CEOs deserve credit. We have 800k employees underneath these CEOs + I’m proud these CEOs see the moment and are willing to engage

@StevenFulop @BrianLehrer Good to hear Steve! City/state taxes, spending and regulatory environment is very anti business.

Had a great conversation with @BrianLehrer on where the Partnership for NYC is headed - taxes, childcare, affordability, Jersey City, and economic growth. Our goal is a constructive relationship with City Hall - not blind agreement. Where we align, we’ll work together aggressively. Where we don’t, we’ll be clear about what’s at stake for jobs, growth, and the 500,000+ employees of Partnership companies. wnyc.org/story/what-nyc…

@StevenFulop The Partnership has to combat the spread of socialism in our City & State government. They are vehemently anti business and a detriment to corporate expansion/growth in NYC.

The Partnership for New York City is the only business organization in the country that operates at scale across civic leadership, philanthropy, policy, and advocacy. We deploy a $150 million venture fund into early-stage NYC technology companies, run a robust research operation, lead the Rockefeller Fellowship to develop the next generation of CEOs, and operate accelerators that embed private-sector expertise directly into government to solve practical problems. More on Instagram: @Partnership4NYC and @WeLoveNYC.

Agreed 100% Steve! The political class need to understand that consistently raising taxes and creating a difficult regulatory environment causes companies to move employees elsewhere. JPM is headquartered in NYC but has expanded substantially in FL, TX and other lower taxed, lower regulated states. This is a trend that needs to be slowed and/or reversed. Most of NYC job growth is lower paid home caretakers, etc.

NYC already has one of the highest tax environments in the country + when you get beyond political soundbites for more taxes you quickly realize the reality of trends/math. As a starting point, safe to say that Better affordability comes from better paychecks and better paychecks come from better jobs. Fact to consider: NYC’s recent end of year 2025 jobs data that was just released is flashing red… • Private job growth down 73% YoY • Most sectors losing jobs • some recession-era employment patterns returning More taxes may not result in an overnight exit of companies but it will 100% escalate the pace of these trends

@Mishi_2210 1050

Answer is not "300" Tell me the answer and win $1000

@schneider @NYCMayor The problem is they don't enforce and every other block has parked vehicles in the bus lane during rush hour.

The speed at which @NYCMayor is moving to improve NYC is astounding.