Scott’s Plans
Jobs &
the Economy
What Scott’s Done
- As the city’s chief financial officer for seven years, oversaw growth in the City’s pension funds from $147 billion to $240 billion, audited every city agency to stop waste and inefficiency, and pushed for responsible, long-term economic planning.
- Before the pandemic hit, called for the City to increase reserves and prepare for an economic downturn.
- During the pandemic, urged Mayor de Blasio, time and again, to restart the City’s lagging capital program to fix buildings and infrastructure and create jobs.
- Developed the Save Main Street Initiative to help small businesses recover and bring back hollowed-out retail corridors in neighborhoods across the city.
- Outlined a comprehensive plan to upskill New York City’s workforce and compete in the global economy.
Scott’s Plans
There’s no more vital task facing the next mayor than bringing back hundreds of thousands of jobs and thousands of small businesses — and no one is better prepared to do it than Scott Stringer, who’s served as the City’s chief financial officer for the last seven years. As Mayor, Scott will ensure that our city continues to be a global magnet for talent and creativity, get small businesses back on their feet, execute on detailed plans to create jobs, uplift minority and women-owned enterprises, and train New Yorkers for the jobs of the future.
Keep New York City a magnet for talent
- Shore up city services, such as sanitation, that are key to neighborhood quality-of-life, and establish new initiatives, such as NYC Under 3, that make it possible for families to live and work here.
- Invest in our world-class parks and cultural institutions to bring back our tourist economy and enhance the experience of living in the city.
- Keep communities safe from serious crime by strengthening detective work, improving clearance rates, stopping the flow of guns into our city, and investing in effective violence interruption (more on this in Public Safety and Justice).
- Launch “New Day for New York”: a post-pandemic outreach and marketing campaigns to attract businesses, drive tourism, and encourage patronage of our retailers, restaurants, and nightlife.
Help small businesses recover across the five boroughs
- Create a $1 billion NYC Recovery Now Fund to put stimulus grants up to $100,000 into the hands of New York City small businesses and nonprofits for back-rent, pay-roll, rehire laid off workers, and to pay for COVID-19 renovation costs.
- Expand open streets and outdoor dining.
- Establish a 30-day cure period for businesses to resolve violations between getting fined.
- Create a storefront incentive program to draw retail and restaurants to hollowed-out neighborhood corridors.
- Establish a public-facing database of vacant storefronts to facilitate reopening and match businesses with the space they need.
- Launch an NYC Tech Corps to help small businesses expand their digital presence and move to online platforms.
- Make government more user-friendly for small businesses by creating a single online portal “LaunchNYC” for all permits and licenses, make every application an expedited application, and mandate clear timelines for approvals.
Launch major public works to get New York City moving again
- Restart the City’s lagging capital program, where every $1 billion spent creates more than 5,000 jobs.
- Launch “RebuildNYC,” a major public works program focused on state-of-good-repair projects, to rebuild and green the City’s crumbling infrastructure — from public transit, streets, and parks to schools and hospitals.
- Redesign local streets to build stronger neighborhoods and better serve bus riders, pedestrians, cyclists, and small businesses.
- Reconfigure and realign transit service to meet the needs of a 24-hour, five-borough economy to jumpstart recovery and better serve working New Yorkers.
- Tackle the digital divide and invest in the citywide buildout of 5G and universal high-speed, affordable broadband.
Train New Yorkers for the jobs of the future
- Create a world-class workforce development program at CUNY and make community colleges free to create a true K-14 public education system.
- Establish a universal, paid internship program for CUNY students.
- Expand career and technical education, early college, and College Now in public schools.
- Develop training programs in partnership with the private sector that are aligned with ever-changing workforce needs.
- Bring out-of-school, out-of-work youth back into the education system with a SYEP summer jobs guarantee for high schoolers, expanded paid internships, and hands-on afterschool programs to prepare our kids for 21st century industries.
Create more than 100,000 well-paying green jobs
- Launch the nation’s largest green and blue bonds program to fund green and resilient capital investments.
- Retrofit our City’s most polluting buildings to lower energy bills and to cut air pollution.
- Transform Rikers Island into a hub of energy storage, renewable energy generation, and wastewater treatment.
- Jump-start solar installations throughout the city by increasing the solar property tax abatement and slashing red tape, and build out and maintain City-owned solar systems.
- Overhaul City buildings to make our schools, libraries, and public spaces hubs of sustainability.
- Fight for the federal and state funding to implement a Green New Deal.
Double City spend with minority- and women-owned businesses
- Harness the City’s $20 billion procurement budget to better support minority- and women-owned businesses — doubling current spend within his first term in office.
- Appoint Chief Diversity Officers in every City agency and empower them to track and oversee M/WBE programs, as well as ensure the City utilizes diverse suppliers, institutes equitable workplace policies, ensures diverse representation across Mayoral appointments, implements true language access across City agencies, and launches a new generation of the City’s Local Law 1 MWBE program.
- Ensure MWBE utilization in all climate-oriented public works projects.
- Create a Minority Business Accelerator program pairing local MWBEs with locally headquartered corporations to diversity private sector supply chains.
