Join us in discussion with Kim Phillips-Fein, Andrew Rein and Xavier de Souza Briggs as they discuss lessons learned from past financial crises and ways to center equity in future city budgets. During our discussion, Jennifer Sun and Kate Slevin will join us as respondents.
The economic crises of 1975 and 2008 left municipalities across the country in dire financial straits. Though New York City was able to bounce back from both crises, it did not fully leverage these moments to address the growing racial wealth gap that persists today. As a result, only some neighborhoods saw the benefit of new private investments ushered in by the economic recovery, while others –mainly New York City’s low-income communities of color– continued to see chronic disinvestment and poorly maintained housing, transit, hospitals, and parks.
For our sixth Power After the Pandemic dialogue, our experts will discuss shortcomings from previous economic recovery plans through a racial justice lens, and explore more sustainable strategies to support community development, answering the question: how can we ensure long-term public investments in New York City’s hardest-hit neighborhoods?
Login details for Zoom will be emailed to registrants in advance of the conversation.