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REMARKS
Kathryn Wylde on updating the charter to support housing production and partnerships
0:33:50
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110 sec
Commissioner Kathryn Wylde, President and CEO of the Partnership for New York City, notes that the charter itself can sometimes be an obstacle to progress, particularly in housing.
She sees an opportunity for the commission to examine how charter provisions affect the cost and time associated with housing production and preservation, especially regarding public-private partnerships. Wylde emphasizes the need to update the charter to effectively implement initiatives like City of Yes.
Richard R. Buery Jr.
0:33:50
Last and certainly not least, Catherine Wilde is president and CEO of the Partnership for New York City, a nonprofit organization whose members are global business leaders and the city's major employers.
0:34:03
Prior to taking over the partnership in February as CEO, Catherine led the organization citywide affordable housing, neighborhood revitalization, and business investment programs.
0:34:14
Kathy, please introduce yourself.
Kathryn Wylde
0:34:16
Thank you, Richard, Sharon, and other commissioners.
0:34:19
It's a pleasure to join you.
0:34:21
I think all of us who have tried to get things done in New York City have run across, you can't do it.
0:34:28
It's in the charter some other way.
0:34:30
So when it comes to housing, I think we have a particular opportunity to look at all aspects of the charter in terms of how we can reduce the cost and time associated with, production of new housing, preservation of existing housing, and, and supporting public private partnerships in a more effective way.
0:34:57
That that's become a, an important tool in housing in particular to leverage public investment with, with private resources.
0:35:08
And the charter much of the charter provisions were established at at a time before that was an issue when the private sector did its thing, the public sector did its thing, and never the twain shall meet.
0:35:22
That's changed dramatically, and I think it's great that the mayor has convened a group with the capacity to look seriously at those issues and the opportunities to update them again, to make sure that city of Yes with all of its promise can in fact be effectively implemented.