Goldman CEO Warns NYC Must ‘Keep Itself Attractive’ to Workers

Nov. 30, 2021, 6:43 PM

Goldman Sachs Group Inc. Chief Executive Officer David Solomon had a word of warning for New York, telling the city’s leadership to be mindful of the business environment or risk more companies sending workers elsewhere.

“New York has to be aware that there are good choices, and it’s got to keep itself attractive,” Solomon said in comments released Tuesday from a Financial Times conference. “Incentives matter, taxes matter, cost of living matters.”

New York was the epicenter of the Covid-19 outbreak in the U.S. last year, resulting in an extended shutdown that persuaded some the city’s wealthiest residents to decamp ...

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