Partnership for New York City

What Partnership for New York City does

Partnership for New York City is a nonprofit membership organization comprising more than 300 preeminent corporate, investment, and entrepreneurial firms that collectively support approximately 944,000 NYC jobs and contribute roughly $370 billion in annual GDP. The organization's stated purpose is to advance New York City's standing as a global center of economic opportunity, upward mobility, and innovation by mobilizing private-sector resources through leader-to-leader engagement, policy advocacy, and public-private partnerships with city, state, and federal government. Its core offerings fall into five program areas: (1) advocacy and policy, including public testimony and Op-Eds on housing, public safety, transportation, and affordability; (2) research and publications on economic competitiveness; (3) sector development programs such as the FinTech Innovation Lab (co-founded with Accenture in 2010) and Life Sciences sector work; (4) public-sector technology innovation labs including Transit Tech Lab (now in its eighth year), Environmental Tech Lab, and Buildings Tech Lab; and (5) civic engagement initiatives including the WE NYC campaign and Coalition for New York's Future.

The Partnership operates an evergreen investment arm, the Partnership Fund for New York City (founded by Henry Kravis), which has invested over $205 million across 190+ portfolio companies focused on mission-driven, for-profit ventures in NYC, with disclosed allocations of $90M to underserved communities, $65M to women/minority-led businesses, and 47% to outer-borough companies. Revenue is generated through invitation-only membership dues from 300+ firms, with pricing not publicly disclosed; the organization is governed by a Board of Directors co-chaired by Dr. Albert Bourla (Chairman & CEO, Pfizer Inc.) and Rob Speyer (President & CEO, Tishman Speyer), with Steven Fulop (former Jersey City mayor) serving as President and CEO as of February 2026. Headquarters are at One Battery Park Plaza, New York, with a staff of approximately 40+ individuals across government affairs, research and policy, finance, communications, and Partnership Fund operations.

Name

Partnership for New York City

Legal name

Partnership for New York City Inc.

Website

https://pfnyc.org

Company type

Private

Founded year

1768

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Economic Development / Business Membership Organization

NAICS

Business Associations (81391), Civic and Social Organizations (81341), Social Advocacy Organizations (81331)

SIC

Services-Membership Organizations (8600), Services-Social Services (8300)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industry

Public Charities & Grantmaking Intermediaries (BPAGAKAE)

Keywords

• Economic development
• Public-private partnerships
• Policy advocacy
• Innovation labs
• Workforce development

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Dues: Revenue is generated through membership dues from over 300 preeminent corporate, investment, and entrepreneurial member firms. Membership fees fund the organization's operations, research initiatives, advocacy efforts, and programs including innovation labs and public-private partnerships.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

The Partnership for New York City is a nonprofit membership organization of more than 300 corporate, investment, and entrepreneurial firms that mobilizes private-sector resources to support New York City's economic vitality. It delivers services through policy advocacy, research, technology innovation labs, public-private partnerships, and workforce development programs on behalf of its members and the broader city.

Product overview

The Partnership for New York City is a nonprofit membership organization (not a traditional product company) comprising more than 300 preeminent corporate, investment, and entrepreneurial firms. Its offerings consist of advocacy and policy programs, research publications, innovation labs (Transit Tech Lab, Environmental Tech Lab, Buildings Tech Lab), sector development programs (FinTech Innovation Lab, Life Sciences), an investment arm (Partnership Fund for New York City), and civic engagement initiatives (Coalition for New York's Future, WE ❤ NYC Campaign). These programs work together to advance NYC's economic opportunity, innovation, and quality of life through public-private partnerships.

Differentiator

Problem solved

Functional benefit

Brands

• Partnership Fund for New York City: The evergreen investment arm of the Partnership for New York City, founded by Henry Kravis, that invests in mission-driven, for-profit investments particularly in technology and innovation that generate measurable economic and social impact alongside financial returns.
• Transit Innovation Partnership
• WE NYC
• Coalition for New York's Future

Products and services

• FinTech Innovation Lab An accelerator program that matches early-stage fintech startups with senior executives from leading financial institutions for mentorship, pilots, and investor introductions.
• Transit Tech Lab A technology innovation lab partnering startups with the MTA and Port Authority to pilot urban mobility solutions for New York's transit systems.
• Environmental Tech Lab
• Buildings Tech Lab
• Partnership Fund for New York City
• Tech Talent Pipeline
• Life Sciences Sector Development
• Big Bets for NYC

Quantifiable outcome

• Member companies support 944,000 jobs and $370 billion in annual GDP
• +3 more outcomes

Named customers18 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and supporting.

• New Jersey Chamber of CommercecoreStrategic or Co-development Partner · 4 February 2026Joint advocacy coalition urging Trump administration to restore Gateway rail tunnel project funding. Business leaders, labor groups, and transit advocates warned that construction would shut down without federal dollars, arguing delays would increase costs.
• New York Building CongresscoreStrategic or Co-development Partner · 4 February 2026Joint letter to President Trump arguing for Gateway project funding continuation. Part of coalition of business and transit advocacy groups.
• New York Jobs CEO CouncilcoreStrategic or Co-development Partner · 3 November 2025Collaborative workforce development initiative bringing CUNY students to city's largest employers. Inaugural CUNY Career Discovery Week connecting students with major employers including Accenture, Amazon, JPMorgan Chase, IBM, Mastercard, and Memorial Sloan Kettering.
• Partnership Fund for New York CitycoreStrategic or Co-development PartnerEvergreen investment arm of the Partnership, founded by Henry Kravis. Has invested $205M+ in 190+ companies focused on mission-driven, for-profit investments that generate economic and social impact in NYC.
• CUNYcoreStrategic or Co-development PartnerPartnership with City University of New York for workforce development programs including CUNY Career Discovery Week connecting students with member employers.
• Transit Innovation PartnershipcoreStrategic or Co-development PartnerOperates Transit Tech Lab (now in eighth year), Environmental Tech Lab, and Buildings Tech Lab - public sector innovation programs matching technology solutions with city agency needs.
• The Rockefeller FoundationsupportingStrategic or Co-development PartnerFunder and partner for 'Big Bets for NYC' initiative convening diverse sector leaders to identify policies and programs for a stronger, safer, more affordable city.
• Governor Kathy Hochul and NYC Mayor's OfficecoreStrategic or Co-development PartnerLaunched WE ❤ NYC civic campaign in March 2023 to bring confidence and optimism to post-Covid New York City and mobilize New Yorkers across communities.
• AccenturecoreStrategic or Co-development PartnerCo-founded the FinTech Innovation Lab in collaboration with Partnership Fund, establishing NYC as a global fintech center. Lab has been critical to growing NYC's fintech sector which raised $6.9B in VC funding in 2024.
• Port Authority of New York and New JerseysupportingStrategic or Co-development PartnerParticipating agency in Transit Tech Lab challenge program, seeking innovations for data platforms and IT infrastructure upgrades.
• NYCT/MTAcoreStrategic or Co-development PartnerPrimary agency partner for Transit Tech Lab seeking innovations in scheduling optimization, predictive maintenance, and data handling. Program has reviewed 1,000+ applications and facilitated 30+ commercial procurements over eight years.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Regional players

• NYC Economic Development Corporation: NYC's quasi-public economic development agency. Operates in the same NYC ecosystem with overlapping priorities (jobs, innovation, real estate) but is a public-sector entity rather than a private membership organization.

Broad incumbents

• Business Roundtable: National association of ~200 CEOs of major US corporations. Operates at federal scale rather than city scale, but competes for CEO attention and advocacy budget from many of the same member firms as PFNYC.

Others

• Boston Consulting Group Civic Practice: Global consulting firm with a civic and economic development practice advising mayors and city leaders. Not a peer organization but an adjacent advisor that competes for some of the same civic-strategy mindshare.
• Civic Alliance: Nonpartisan coalition of businesses focused on civic participation and democratic engagement. Adjacent to PFNYC's civic-engagement work (Coalition for NY's Future, WE NYC) and draws from some of the same corporate members.

Direct peers

• Los Angeles Area Chamber of Commerce: LA's largest business association, focused on advocacy, economic development, and convening business and civic leaders. Comparable scale of membership and a similar advocacy-plus-program model.
• Greater Houston Partnership: Houston's leading business advocacy and economic development organization with 900+ member companies and an affiliated investment arm. Comparable structure to PFNYC in scope, member-driven funding, and city-level convening role.
• World Business Chicago: Chicago's flagship public-private economic development organization convening corporate leadership around city competitiveness, job creation, and inclusion. Closest functional analogue to PFNYC in a peer US city, with a similar membership and advocacy model.
• Detroit Regional Partnership: Public-private economic development organization attracting investment to the Detroit region. Comparable city-focused, member-funded model with an explicit job-creation and business-attraction mandate.
• Greater Philadelphia Chamber of Commerce: Regionally-focused business advocacy and economic development organization serving the greater Philadelphia area. Similar structure: corporate members, policy advocacy, and city/regional competitiveness agenda.
• Bay Area Council: Bay Area public-private business policy organization focused on economic competitiveness, housing, transportation, and innovation. Comparable in mission (regional economic strategy + advocacy) and member composition to PFNYC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/partnership4nyc
• Xx.com/Partnership4NYC
• Facebookfacebook.com/Partnership4NYC
• LinkedInlinkedin.com/company/partnership-for-new-york-city

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Partnership for New York City