Our thirteenth annual ranking of national retailers in New York City finds by far the largest overall decline in the number of chain stores as the national retail market experienced unprecedented contraction due to the COVID-19 outbreak and subsequent shutdowns and store closures.
Immigrant artists are increasingly essential to the creative landscape of New York City. But now the livelihoods of countless immigrant artists—and the survival of the cultural organizations that champion their work—are facing major threats.
To understand how New York might take advantage of federal investment to create jobs and help the city mitigate and adapt to the effects of climate change, CUF asked city leaders in coastal resilience, environmental justice, urban agriculture, renewable energy, and more for sustainability and resiliency project ideas.
Part of our ongoing research on how to create a more inclusive economy in NYC, this data brief shows that CUNY has made crucial progress in producing STEM grads. Tapping this talent pool, and making further gains in the years ahead, will be key to closing the opportunity gap for tech careers.
Open streets and outdoor dining gave the city's small firms a lifeline, but with just a few weeks left until winter, it's time for the city and state to step in with new set of creative solutions to give shops and restaurants a crucial boost. CUF asked over twenty city leaders and experts for ideas and insights on how policymakers can help sustain restaurants and other small businesses through the colder months.
A fresh analysis of newly released data on New York City's minority-owned employer businesses shows the increasing importance of these businesses to the economies of every borough, adding urgency to the challenges now facing minority-owned businesses during the COVID crisis.
The growing mass movement for racial justice has shined a light on harsh disparities affecting nearly every facet of American life—from criminal justice and policing to the health and economic effects of the pandemic. This new analysis examines disparities in employment and wages experienced by Black residents of New York City, finding widespread underrepresentation and alarming wage gaps across dozens of industries.
During the summer of 2020, CUF convened a three-part series of live-streamed discussions focused on specific policy solutions to support the city’s diverse small businesses. These discussions generated dozens of concrete ideas to help these businesses get through the crisis, including five key recommendations that surfaced during all three of our discussions.
Immigrant New Yorkers are enduring unprecedented economic pain from the pandemic—and yet they have been almost completely shut out of government programs created for those in need, CUF research and interviews with two dozen nonprofit leaders reveals.
While coronavirus has devastated much of NYC's economy, our research shows that the impacts are not equally dispersed across the city: workers in the most hard-hit sectors—including restaurants, hotels, retail, and personal care services—predominantly live in lower-income neighborhoods outside Manhattan.
In the midst of an unprecedented surge in demand, NYC's human services nonprofits are confronting millions of dollars in unexpected costs and lost revenue. This report, based on interviews with over two dozen nonprofit leaders, documents the challenges facing New York’s human services nonprofits due to coronavirus.
Written in partnership with Tech:NYC, this report provides a new level of detail about the impacts of the coronavirus crisis on NYC-based tech companies, based on interviews with nearly two dozen founders, executives, investors, and industry leaders.
NYC's vibrant arts and cultural sector has endured extraordinary challenges over the past weeks. CUF interviewed small and mid-sized arts organizations, community arts leaders, and working artists themselves to better understand the existential threat facing organizations and artists citywide.
New York's growing older adult population is facing unprecedented barriers accessing meals, groceries, medicine, and support services, and new levels of social isolation brought on by the novel coronavirus. CUF asked nearly two dozen experts in older adult services for specific recommendations on how city and state policymakers can support older New Yorkers during this crisis.
With the novel coronavirus already devastating New York City's economy, many of the industries suffering the most—including restaurants, retail, personal care services, childcare services, and air transportation—are overrepresented in Brooklyn, Queens, the Bronx, and Staten Island and have grown fastest outside Manhattan.
New York’s small businesses are facing an existential threat from the novel coronavirus. CUF asked two dozen small business owners and small business experts for recommendations on how city and state policymakers can help them survive this crisis.
Faced with major economic disruption, New Yorkers are likely to turn to higher education. But while the Excelsior Scholarship program is growing, CUNY students and community college students statewide continue to be underserved.
Brooklyn is now a national leader in the innovation economy—tech start-ups, creative companies, and innovative manufacturers—but it still has a ways to go. This report outlines the key obstacles to continued growth and considers how the borough can realize its immense potential to develop a larger and more inclusive innovation economy.
The fast-growing tech sector has become NYC's most reliable source of new well-paying jobs. But while tech companies are hungry for talent and increasingly eager to hire locally, too few of the good jobs in tech are going to New Yorkers from low-income communities. The city can do more to expand access to tech careers by strengthening the city's tech skills-building ecosystem and preparing thousands more New Yorkers for the jobs of the future.