|
2000 Outlook
New
York City's economy is expanding. Tax revenues are at all-time highs.
For the first time in decades, private and pubic sector leaders are
considering implementation of a wide range of large-scale, City-shaping
projects -- from major rail extensions to a bid to host the 2012 Olympic
Games.
Taking full advantage of the current economic climate, however,
is by no means assured. On this and the following page, New York
Building Congress Vice-Chairmen -- representing labor, architecture,
engineering, construction and development -- discuss how industry
and government can set the stage for long-term economic growth.
 |
Marilyn
Jordan Taylor, Partner
Skidmore, Owings & Merrill, LLP
What New York needs moving forward is a spirit of inspiration,
the kind that has made consideration of a new and improved Penn
Station possible. This project is succeeding because it captures
the imagination of New Yorkers. We should not limit ourselves
to one grand project for each generation. Government and our
industry should seize this moment of prosperity and begin work
on several projects, such as Governor's Island, the 2012 Olympics,
and the many essential transportation initiatives that can ignite
the pride of all New Yorkers. |
| |
|
 |
Daniel
R. Tishman, President and CEO
Tishman Construction Corporation
We are fortunate in New York to have the world's most talented
designers, engineers, builders, contractors, and trade unions,
who execute the most complicated and technologically advanced
projects on the planet. We set the standards for building excellence
and innovation, not only for our great City, but globally. In
these robust times and in the inevitable slow times, it is of
utmost importance for us to maintain the highest levels of integrity
and professionalism, while staying competitive, efficient, and
environmentally responsible. |
| |
|
 |
Edward
J. Malloy, President
Building & Construction Trades Council of Greater New York
During this time of prosperity, New York needs to take steps
to prepare for the next economic downturn. The industry should
work with government to design essential projects and reserve
money now for infrastructure investment when times are lean.
This would ensure that work continues even during difficult
times. Such an approach benefits the City by ensuring uninterrupted
capital improvements and stable employment for its working men
and women. |
| |
|
 |
Richard
S. Hayden, Managing Principal
Swanke Hayden Connell Architects
A strong economy has produced an environment conducive to private
sector construction. At a time when developers, lenders and
businesses are ready, willing and able to invest in new construction
and modernization of existing facilities, New York should streamline
burdensome building regulations and procedures. Through sensible
programs aimed at eliminating duplication, needless delays and
unnecessary project costs, we can remove obstacles to private
investments in quality design projects and improvements to our
capital plant. |
| |
|
 |
Stuart
E. Graham, President and CEO
Skanska USA, Inc
We are in a period in which City and State governments are running
record surpluses, yet precious little financial resources are
dedicated solely to capital investments needed to sustain our
prosperity. While the MTA and Boardof Education's recent multi-year
capital plans have been well received, government must devise
strategies to securely fund them. Building for the future requires
identification of ongoing revenue streams that are separate
from operating budgets and thus immune to yearly budgetary maneuvering. |
| |
|
 |
Michael
S. Della Rocca, Chairman and CEO
Raytheon Infrastructure
With a booming local economy, New York City has before it a
golden opportunity to prepare for large-scale development that
would be extraordinarily rewarding for the future. City and
State agencies need to find ways to engage the private sector
in projects such as the 2012 Summer Olympic Games, the Second
Avenue Subway and rail access to LaGuardia Airport. The benefits
of such public/ private partnerships in terms of jobs, revenues
and civic pride would more than offset the costs. |
|