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.
These 63 achievable policy recommendations from CUF's forthcoming report on older adult services in New York City form a blueprint for how city and state policymakers can meet the needs of New York’s fast-growing older adult population—in policy areas such as housing, financial security, social isolation, elder abuse, and transportation.
Our twelfth annual ranking of national retailers in New York City finds a year-over-year decrease in the number of chain store locations for the second consecutive year, and the largest overall decline since this study began.
Tech apprenticeships present a major opportunity for New York to expand pathways into well-paying technology careers, all while strengthening and diversifying the talent pipeline for the city's booming tech sector. New York can do more to greatly expand tech apprenticeships in the city and realize the promise of this powerful model for boosting economic mobility.
In this five-year update to our landmark report on New York City’s aging infrastructure, we find that the city has made record-level capital investments, but results have been mixed. Increased usage and new stresses from climate change make bringing the city's core infrastructure to a state of good repair all the more essential.
Brooklyn has emerged as one of the nation’s leaders in the innovation economy, driven by the borough’s growth in tech start-ups, creative companies,
and next-generation manufacturers. This report provides a new level of data about the size and scope of Brooklyn’s innovation economy and highlights Brooklyn's competitive advantage in a part of the economy that is expected to grow significantly in the years ahead.
Over the past decade the number of New Yorkers ages 65 and over increased by 26 percent, making up a larger share of the state’s population than ever before.This data analysis provides a new level of detail about the aging of the population in cities and counties across New York State and finds that the aging population is not only driving population growth statewide, but is more diverse than ever before.
Nearly a quarter of undergraduate students in New York State who take out student loans either default or are at high risk of default after five years, driven by disproportionately high default rates at the state’s for-profit schools. The data underscores the need to tackle the student debt crisis in New York and suggests that state policymakers should take steps to hold the most default-prone institutions accountable.
Earning a high school equivalency can open the door to better jobs, skills-building programs, and a postsecondary education for the nearly 1.5 million New Yorkers without a high school diploma. But the number of New Yorkers earning a high school equivalency is just half what it was in 2010, and overall trends are cause for concern.
Apprenticeships increase economic mobility for people without a college degree, help employers find diverse and qualified employees, and are an ideal training model for New York's fastest-growing industries. New York can do much more to realize their potential.