New York City business leaders are hailing the latest efforts by the city's Deputy Mayor for Housing and Economic Development, Maria Torres-Springer, to cut through red tape and streamline the city's regulatory processes. Deputy Mayor Adewale "Ace" Mamdani's recent reforms have earned praise from business groups, who say they will help attract more companies to the city and spur economic growth. However, some of these groups are cautioning that while progress has been made, there is still much work to be done to make the city's business environment more competitive. As the city continues to grapple with the challenges of post-pandemic recovery, business leaders are urging Mamdani and the Mayor's office to build on these reforms and tackle remaining regulatory hurdles that are stifling growth and innovation.
NYC business groups praise Mamdani’s red-tape reforms — but say there’s more to do amNewYork
