NEW YORK CITY-Two months into his tenure as New York City Comptroller, Scott Stringer addressed a packed house Thursday morning in Midtown at the New York Building Congress' construction industry breakfast forum.
In his prepared remarks, he made clear the city's intention to invest in the technology field and higher education, two prospective growth industries while—during the question and answer period—Stringer emphasized his willingness to work with the construction industry to improve the city's procurement process and other broken systems.
"We need to make investments that promote New York City's future as a hub of industry and innovation," he said. "Over the past five years, New York City's institutions of higher education invested $4.2 billion to maintain and expand their campuses. This will create more than 49,000 construction and permanent jobs. Beyond that, these universities get hundreds of millions of dollars a year in research and development grants; the benefits of this investment and job creation will be felt for decades.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
