Federal Reserve Bank of New York

03/31/2022 | News release | Archived content

The Future of New York City: Charting an Equitable Recovery for All

On March 31, 2022, the Federal Reserve Bank of New York hosted "The Future of New York City: Charting an Equitable Recovery for All," a day-long hybrid event featuring some of the city's-and the nation's-key leaders and thinkers on topics including the future of remote work, the role of cities in a post-pandemic economy, and the role of transportation in the city's future.

The global pandemic was a historic blow to both New York's people and its economy. This event focused on charting a path to an inclusive recovery, featuring presentations and discussions on why New York City has thrived through pandemics, depressions, wars, and recessions; how to foster a recovery that reduces urban inequality; and big ideas from local innovators.

Among the speakers were New York Fed President and CEO John C. Williams, who delivered opening remarks; Stanford University Professor of Economics Nicholas Bloom, Harvard University Professor of Economics Edward Glaeser; National Urban League President and CEO Marc Morial; and U.S. Principal Deputy Assistant Secretary for Transportation Policy Christopher Coes. See all speakers.

watch the event

Welcome Remarks & Session I

Session II

Keynote Discussion

Session III

Blueprint for NYC & Ideas at Work

Event Details


Date & Time

March 31, 2022
9:00am - 5:00pm EDT


Audience

This hybrid event was open to the public and media. Limited in-person seating was available by invitation only. All remarks were on the record and the event was livestreamed with a recording to be made available afterwards. For media inquiries, please contact Ellen Simon at [email protected].


Agenda

Agenda

9:00am-9:15am Welcome Remarks

John C. Williams, President & CEO, Federal Reserve Bank of New York

9:15am-10:45am SESSION I: IS THIS TIME DIFFERENT? WILL REMOTE WORKING CHANGE THE URBAN LANDSCAPE?
Moderator: Steve Todd, Global Head of Workplace, Nasdaq; Founder, Open Sourced Workplace

Chris Herd, Founder & CEO, Firstbase

Alexander Heil, Vice President of Research, Citizen's Budget Commission

10:45am-11:00am Break
11:00am-12:30pm SESSION II: ARE BIG CITIES STILL GOOD PLACES TO WORK AND LIVE?
Moderator: Lauren Weber, Reporter, The Wall Street Journal
  • Have Big Cities Lost Their Productivity Advantage?
    Gilles Duranton, Professor of Real Estate, Wharton School, University of Pennsylvania
  • Will People Want to Live in Big Cities Again?
    Jessie Handbury, Assistant Professor of Real Estate, Wharton School, University of Pennsylvania
Marc Morial, President & CEO, National Urban League

Kathryn Wylde, President & CEO, Partnership for New York City

12:30pm-12:45pm Lunch Break
12:45pm-1:30pm KEYNOTE DISCUSSION: THE ROLE OF TRANSPORTATION AND INFRASTRUCTURE IN NYC'S FUTURE
Moderator: Jack Gutt, Head of Communications & Outreach, Federal Reserve Bank of New York

Christopher Coes, Principal Deputy Assistant Secretary for Transportation Policy, U.S. Department of Transportation

Tom Wright, President & CEO, Regional Plan Association

1:30pm-3:00pm SESSION III: WILL THE PANDEMIC ACCELERATE URBAN INEQUALITY?
Moderator: Emily Badger, Urban Policy Writer, The New York Times Rafael Cestero, CEO, Community Preservation Corporation

Christine D'Onofrio, Ph.D, Director of Poverty Research, Mayor's Office for Economic Opportunity

3:00pm-3:30pm Blueprint for NYC: Rebuild, Renew, and Reinvent

Andrew Kimball, President and CEO, NYC Economic Development Corporation

3:30pm-5:00pm Ideas at Work: Tackling Poverty in New York City
Moderator: Dominic Ramos-Ruiz, Community Development, Federal Reserve Bank of New York

Donnel Baird, Founder & CEO, BlocPower

Abby Jo Sigal, Founding CEO, HERE to HERE

Gabriela Ariana Campoverde, Founder, Miren; MBA Candidate, Wharton

Stephen Ritz, Founder, Green Bronx Machine

Dr. Lorna Thorpe, Ph.D., MPH, Professor of Epidemiology, Director of the Division of Epidemiology, and Vice Chair for Strategy and Planning in the Department of Population Health, New York University

Baaba Halm, VP, New York Market, Enterprise Community Partners

Speakers

Urban Policy Writer

The New York Times

Founder & CEO

BlocPower

Professor of Economics

Stanford University

Founder, Miren, MBA Candidate

Wharton

CEO

Community Preservation Corporation

Principal Deputy Assistant Secretary for Transportation Policy

U.S. Department of Transportation

Ph.D, Director of Poverty Research

Mayor's Office for Economic Opportunity

Professor of Real Estate, Wharton School

University of Pennsylvania

Professor of Urban Policy and Planning and Director, Furman Center for Real Estate and Urban Policy

New York University

Professor of City and Regional Planning, and Sociology

University of Pennsylvania

Professor of Economics and Chairman, Department of Economics

Harvard University

Head of Communications & Outreach

Federal Reserve Bank of New York

Vice President, New York Market

Enterprise Community Partners

Assistant Professor of Real Estate, Wharton School

University of Pennsylvania

Vice President of Research

Citizen's Budget Commission

President and CEO

NYC Economic Development Corporation

Founder & CEO

Firstbase

President & CEO

National Urban League

Founder

Green Bronx Machine

Community Development

Federal Reserve Bank of New York

Founding CEO

HERE to HERE

Professor of Epidemiology, Director of the Division of Epidemiology, Vice Chair for Strategy and Planning in the Department of Population Health

New York University

Global Head of Workplace

Nasdaq

Reporter

The Wall Street Journal

President & CEO

Federal Reserve Bank of New York

President & CEO

Regional Plan Association

President & CEO

Partnership for New York City

presentations

Flexibility And Conversions In New York Citys Housing Stock Building For An Era Of Rapid Change
Ingrid Gould Ellen, Professor of Urban Policy and Planning and Director, Furman Center for Real Estate and Urban Policy, New York University (co-author Noah Kazis, Legal Fellow, Furman Center)

Urban Winners and Losers After Covid-19
Edward Glaeser, Professor of Economics and Chairman, Department of Economics, Harvard University (co-author David M. Cutler, Professor of Applied Economics, Harvard University)

Covid and Cities, An Interim Report
Gilles Duranton, Professor of Real Estate, Wharton School, University of Pennsylvania Jessie Handbury, Assistant Professor of Real Estate, Wharton School, University of Pennsylvania

The Promises and Perils of Racial Equity Planning
Lance Freeman, Professor of City and Regional Planning & Sociology, University of Pennsylvania

What is the Future and Impact of WFH?
Nicholas Bloom, Professor of Economics, Stanford University