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Bloomberg: NYC Will Rebound Faster

NEW YORK CITY-The mayor tells a BOMA audience that the city remains 'a magnet' for immigrants, businesses and investors.

By Paul Bubny | Updated on March 10, 2009

NEW YORK CITY-Mayor Michael Bloomberg sounded an upbeat note at BOMA/NY’s Energy Action Day seminar Tuesday, saying that amid a challenging economy, the city remains “a magnet” for individuals and companies and will rebound more quickly than other markets. One factor, he said, is the leading role New York City plays in the green movement.

“By creating a critical mass of green commercial space, we can make New York even more attractive to companies looking to locate and expand here,” Bloomberg said in his breakfast presentation at the New York Hilton. In turn, green space can help employers attract talent: “Young people getting out of school want to work for progressive companies that they think are responsible.”

In keeping with the seminar’s theme–”Greening Your Bottom Line”–Bloomberg emphasized the long-term cost effectiveness of sustainable operations for his audience of building owners and managers. “We cannot stop making investments in the future, especially when it comes to energy,” he said. “The state of our planet certainly demands action, and so does the state of our economy.” He added, “The bottom line is that you don’t have the monies to spend on energy that you did before, and you have to find a way to light, heat and cool by using less energy. The good news is that the steps we’ve taken to save energy will also save us a lot of money and create thousands of green jobs that are the key to our economic future.”

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