By Michelle Deal Winfield
On Tuesday, Mayor Bill de Blasio unveiled a plan that he says will create 16,000 new jobs in life sciences and bio-engineering in New York City.
He made the announcement at the Alexandria Science Research Center in Kips Bay, alongside local elected officials.
The mayor paid homage to former Mayor Bloomberg saying, “We are taking a page from the former mayor’s playbook. Mayor Bloomberg diversified investments to help set up the Cornell Tech Center on Roosevelt Island. It worked. The city will invest in emerging companies to create innovative approaches that will lead to improvements in the health industry. We decided to look for spaces on the East Side in Manhattan and in Long Island City.”
Maria Torres-Springer, president of NYC Economic Development Corporation said the project is expected to generate 9,000 jobs in the life sciences.
“Seven thousand new jobs will be created in related fields like marketing, advertising and training,” she said. “There will also be 7,500 jobs in construction to set up labs.”