Steven Fulop

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Steven Fulop

Steven Fulop

@StevenFulop

President & CEO Partnership for NYC | Former 3-term Mayor of Jersey City | U.S. Marine | Former Ironman Triathlete | Husband & Dad

New York, NY Katılım Şubat 2009
1.8K Takip Edilen51.5K Takipçiler
Steven Fulop
Steven Fulop@StevenFulop·
Both companies are alumni of New York’s Transit Tech Lab, an initiative founded by the Partnership Fund for New York City and the Metropolitan Transportation Authority to accelerate innovation in public transit systems. cities-today.com/port-authority…
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Steven Fulop
Steven Fulop@StevenFulop·
@StephaniaNYC Helping people leaving incarceration get skills and jobs reduces recidivism and improves public safety. But NYC also needs to focus on something bigger: creating more jobs across the entire economy - the Partnership does that
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Steven Fulop
Steven Fulop@StevenFulop·
37,000+ jobs created. The Partnership Fund invests in NYC companies building careers and growing the city’s economy. It’s one of the most impactful but least-known economic development efforts in the country. Latest investment: Orijin - helping incarcerated individuals gain skills and prepare for living-wage jobs after release. Impact since inception ↓
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Steven Fulop
Steven Fulop@StevenFulop·
At some point the conversation has to include cost cutting and where NYC is on jobs, investment and affordability. In the last 2.5 months there have been FIVE new tax proposals in New York (some of which would hit working people very hard): • Income tax >$1M • Corporate tax increase • Real estate tax increase • Income tax >$500k • Estate tax threshold cut to $750k
1010 WINS on 92.3 FM@1010WINS

💰 Mamdani wants New York estate tax threshold cut 90% to $750,000 spr.ly/6014B6zxa0

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Steven Fulop
Steven Fulop@StevenFulop·
No question - the affordability crisis is real. And to be clear, most Partnership members already pay well above $30/hour. But other cities/states show the trade-offs for small businesses - especially concern should be heightened in a potential AI-disrupted labor market: what has happened in other case studies- wages rise, hours often fall, prices increase, and some businesses move. Ignoring those realities doesn’t help working people.
The Wall Street Journal@WSJ

A proposal to raise New York City’s minimum wage to $30 an hour is drawing cheers from working-class New Yorkers struggling to afford the city and sending chills through the business community on.wsj.com/411Vy8N

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Steven Fulop
Steven Fulop@StevenFulop·
Slides from the Partnership Fund Board meeting. When you look at employment trends for young people, there’s real reason for concern. AI is set to disrupt the labor market- especially white-collar jobs that anchor NYC’s economy. The question isn’t if, it’s how fast… and whether the shift is already happening faster than most people realize.
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Steven Fulop
Steven Fulop@StevenFulop·
19 Major NYC Organizations United Statement from New York City Business Community on State Senate and Assembly One-House Budgets Leaders Warn Tax Increases Would Raise the Cost of Living and Hurt New York's Economy
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Steven Fulop
Steven Fulop@StevenFulop·
This is a warning for NYC as well - People can resent the wealthy, but the math doesn’t change: a small number of taxpayers fund a large share of the system. The “tax the rich” soundbite ignores how mobile people are today. When they leave, the ripple effects go far beyond taxes - philanthropy, investment, and hiring tend to follow where people live.
Jennifer Jacobs@JenniferJJacobs

Starbucks founder @HowardSchultz wrote that he is leaving Seattle and moving to Florida the same day Democratic lawmakers advanced a millionaires tax in Washington state. "It is our hope that Washington will remain a place for business and entrepreneurship to thrive," Schultz wrote on LinkedIn. Washington House voted Tuesday for a 9.9% tax on income over $1 million a year and sent the bill to the Senate for final passage. linkedin.com/posts/howardsc…

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Steven Fulop
Steven Fulop@StevenFulop·
The Partnership Fund was built to back innovation in New York + there is no business organization in the country with the same tools. This here is another example of why the Partnership Fund exists. Investing in companies building the next generation of enterprise AI helps ensure New York stays a global hub for innovation and high-growth companies. Congrats to the Lyzr team on the Series A. pulse2.com/lyzr-8-million…
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Steven Fulop
Steven Fulop@StevenFulop·
The Partnership for NYC works across several lanes: policy, convening CEOs, and investing in the next generation of companies through the Partnership Fund. Our FinTech Innovation Lab, run with Accenture, is a great example - helping fintechs bring AI solutions into the world’s leading financial institutions.
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Steven Fulop
Steven Fulop@StevenFulop·
Two reasons/realities: 1. NYC’s budget assumes strong tourism revenue this summer. We should be maximizing it. 2. >240,000 visitors are expected during the World Cup window and hotels will already be near capacity. The question isn’t whether they come - it’s whether they stay in NYC to maximize their spending or stay across the river near MetLife.
emily rahhal she/her@RahhalEmily

Inbox: NYC business leaders are asking @NYCMayor & @SpeakerMenin to relax short-term rental regulations during the Fifa World Cup They want a pause on Local Law 18, which requires a host to be present for rentals under 30 days. Signed by @StevenFulop and 17 others

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Steven Fulop
Steven Fulop@StevenFulop·
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…
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Steven Fulop retweetledi
Streetsblog New York City
Streetsblog New York City@StreetsblogNYC·
NEW: Mamdani's City Hall is discussing charging fees for currently free on-street parking — a policy change that would not only create a new revenue stream but also seize a once-in-a-generation opportunity to improve the streetscape. nyc.streetsblog.org/2026/03/05/mam…
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Steven Fulop
Steven Fulop@StevenFulop·
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.
Chris Sommerfeldt@C_Sommerfeldt

New: City Council progressives are opening up a new front in the battle over whether to raise taxes on the rich, arguing that those earning $500K+ should face higher levies. So far, Mamdani has focused on higher taxes only on those earning more than $1M. politico.com/newsletters/ne…

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Steven Fulop
Steven Fulop@StevenFulop·
Innovation should make everyday life easier. Through the Partnership for NYC’s Transit Tech Lab, solar-powered digital bus stop signs showing real-time arrivals are now being tested with NJ Transit in Hudson County. As someone from NJ, it’s great to help + see innovation land where it matters: the daily commute. masstransitmag.com/technology/pas…
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Steven Fulop
Steven Fulop@StevenFulop·
As mayor, I saw firsthand how smart microtransit expands access and supports housing growth. If we’re serious about abundance in cities, transportation flexibility has to be part of the equation. Proud to lead here + join some great former mayors. finance.yahoo.com/news/via-estab…
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Steven Fulop
Steven Fulop@StevenFulop·
Worth bumping this: Mayor Mamdani has been strong on housing as he outlines his vision for more growth, and it’s good to see forward movement. If NYC delivers real, sustained housing growth, it can reset the national playbook for how leaders tackle supply and affordability.
NYC Planning@NYCPlanning

Moving at the speed our housing crisis demands! We're with @NYCHousing, Deputy Mayor Leila Bozorg & Council Member Elsie Encarnacion to celebrate 351 Powers Avenue. This is the first project to use the shorter public review process that will get affordable housing built faster.

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Keşfet

@StephaniaNYC @NYDailyNews @elonmusk @BarackObama @taylorswift13 @cristiano @BillGates @NASA