October 04


by Cuomo 2010

FOR IMMEDIATE RELEASE                              CONTACT: Josh Vlasto, (347) 268-0240

October 4, 2010                                                          pressoffice@andrewcuomo.com


 Names Downstate Business Advisory Council to Serve as Ambassadors for NY Works Agenda

Cuomo Tours Canrock Ventures on Long Island to Discuss Job Creation and Business Opportunities in NY

Andrew Cuomo today toured Canrock Ventures on Long Island to discuss his NY Works Agenda, a comprehensive seven-part business development and job creation plan for New York. Cuomo first unveiled the NY Works Agenda last week in Buffalo and Syracuse, where he visited local businesses and reviewed his ideas to revitalize the State’s economy.

Cuomo also announced the members of his Downstate Business Advisory Council who will serve as ambassadors for the NY Works Agenda, reaching out to business communities and reviewing Cuomo’s plan to improve the State’s business climate. 

“New York has what it takes to be the economic capital of the country – from innovative entrepreneurs to a competitive workforce. It’s time for our State government to get on the same page by providing businesses with the resources they need to thrive,” Cuomo said. “My NY Works Agenda outlines what we need to do to create jobs and make it affordable to do business in New York. With the support of the impressive men and women who comprise the Downstate Business Advisory Council, we will succeed.”

The Downstate Business Advisory Council includes:

  • Priscilla Almodovar, COO Community Development, JP Morgan Chase
  • Mario Baeza, CEO and Founder, The Baeza Group
  • Richard Beattie, Senior Partner, Simpson Thatcher & Bartlett LLP
  • Robert Catell, former CEO, Keyspan; Chair, AERTC, Stony Brook University
  • Derrick Cephas, President & CEO, Amalgamated Bank
  • Robert R. Dyson, Chairman and CEO, Dyson-Kissner-Moran Corporation
  • Jim Dolan, President, Cablevision
  • Blair Effron, Partner and Co-Founder, Centerview
  • Mark Fasciano, Partner, Canrock Ventures
  • Alan Gerry, Chairman and CEO, Granite Associates LP
  • Jane Hartley, CEO, Observatory Group
  • Derek Johnson, CEO, Integrated Holdings Corp
  • Orin S. Kramer, Partner, Boston Provident LP
  • Ben Lambert, Chairman, Eastdil Secured, LLC
  • Marc Lasry, CEO, Avenue Capital Group
  • Jeffrey Leeds, President and Co-Founder, Leeds Equity
  • Tracy V. Maitland, Chief Investment Officer, Advent Capital Management, LLC
  • Ira Millstein, Senior Partner, Weil, Gotshal & Manges LLP
  • Ann Moore, Chairman and CEO, Time, Inc
  • Bruce Mosler, Co-Chairman, Cushman & Wakefield
  • Indra Noori, CEO, Pepsi
  • Pete Peterson, Founder, Peter G. Peterson Foundation
  • Vincent Polimeni, Chairman and CEO, Polimeni International LLC
  • Tarrus Richardson, Managing Director, ICV Partners
  • Felix Rohatyn, Special Advisor, Lazard Freres
  • Steve Ross, Founder, Chairman and CEO, The Related Companies
  • James Rubin, Partner, BC Partners
  • Kevin Ryan, Founder of Gilt.com
  • Jonathan Sandelman, Managing Partner, Mercer Park LP
  • Bernard Schwartz, Chairman and CEO, BLS Investments
  • Russell Simmons, Co-Founder, Def Jam; Creator, Phat Farm
  • Martin Sosnoff, Chairman and CEO, Atalanta Sosnoff
  • Rob Speyer, Co-CEO and President, Tishman Speyer
  • Marc Spilker, Former Co-Head Goldman Sachs Investment Management Division
  • Peter Stern, Executive Vice President, Time Warner Cable
  • Robert Stromsted, CEO of HNTB Corporation
  • Robert Weisz, CEO, RPW Group
  • Robert Zimmerman, Co-President, Zimmerman Edelson Inc.

The NY Works Agenda focuses on aggressive business development efforts, in particular:

  • NY Open for Business, an initiative that will lower the costs of doing business in New York and improve access to the State’s resources. The program will reduce taxes for new State businesses; lower New York’s high energy costs through aggressive use of efficiencies and demand side reductions; reform other cost drivers like workers’ compensation; get businesses much-needed capital; and create a new “one-stop” shop for businesses that provides access to economic incentives and reduces regulatory delays.
  • Creation of regional economic development councils that will review local development plans and award the most comprehensive proposals with State funding. Led by the Mayor Robert Duffy, who will serve as Chair of the Upstate Business Advisory Council, the councils will work with public and private economic development organizations, institutions of higher education and other stakeholders, the councils will incentivize programs that:
  • Get New Yorkers back to work through strategic tax credits such as the “Jobs Now” tax credit will attract new businesses that hire unemployed New Yorkers, and an expansion of the recently enacted Excelsior program; and
  • Make our public and private universities jobs generators by facilitating partnerships between colleges and universities and the private sector to support an innovation economy and redesigning technical and career education and workforce development programming.
  • Create the “Rebuild-NY” Infrastructure Bank to pool and invest in New York’s critical infrastructure projects that will produce jobs and improve the State’s infrastructure that hampers economic growth.

For more information about the NY Works Agenda, please visit: http://www.andrewcuomo.com/nyworks.