Politics
How Two High-Profile New York Industries Might Fare Under Trump
The city’s art and fashion worlds are keeping an eye on President-elect Donald Trump’s economic agenda, especially tariffs and tax cuts.
Good morning. It’s Wednesday. We’ll look at what the incoming Trump administration might mean for two industries that are highly visible in New York: art and fashion. We’ll also look at a new social services center in Brooklyn with an online ordering system for its food pantry.
Credit…Jennifer S. Altman for The New York Times
How will President-elect Donald Trump’s agenda be translated into law and policy — and how will that affect New York?
Gov. Kathy Hochul said on Tuesday that she had called the president-elect and said, “I think we can work together on some significant projects.” She said that “he immediately started listening to my priorities.” She said she had mentioned Pennsylvania Station — “an eyesore” and “a blight,” she called it.
“He understands that these infrastructure projects cannot be ignored any longer,” the governor said during a conversation organized by Crain’s New York Business and the Partnership for New York City, a business group.
Hochul said they had not discussed SALT, the state and local tax deduction, which Trump has said he wants restored. It mainly benefits residents of high-tax states like New York and California. Republicans capped it at $10,000 in 2017.
