Jersey City Mayor Steve Fulop being eyed for – Business News
Jersey City’s Democratic mayor has emerged as a prime contender to steer New York City’s most influential business group, sources inform The Post.
Jersey City Mayor Steve Fulop — who beforehand defended Big Apple mayoral front-runner Zohran Mamdani’s controversial plan to open government-run grocery shops and stated “I don’t live in NYC nor do I want to” — is in discussions to turn into the following CEO of the Partnership for The City of New York.
And yes, he’d have to maneuver throughout the Hudson River if he will get the job.
Jersey City Mayor Steve Fulop is in discussions to be the following CEO of the Partnership for The City of New York. AP photograph/Mike Catalini, File
He would substitute Kathryn Wylde, who’s retiring after heading the group representing the Big Apple’s business titans since 2000, sources accustomed to the deliberations stated.
Wylde made more than $1.5 million in 2023, in accordance tax filings from the nonprofit.
Fulop, 48, ran for New Jersey governor this 12 months however completed a distant third with simply 16% of the vote in the Democratic major. He labored for Goldman Sachs during the Sept. 11, 2001 terrorist assaults after which joined the Marines earlier than getting into politics.
The three-term mayor defended Mamdani’s city-run grocery store plan in a assertion on X in June when one other author known as it the “most economically delusional thing I’ve seen in a long time.”
I don’t stay in NYC nor do I need to however one factor to say is that I do know the concept of public grocery shops has turn into simple fodder for critics, however when you transfer previous the politics, there’s precedent. This isn’t some radical new concept within the U.S.The USDA, underneath each Republican… https://t.co/2Vg6eiQy1Y— Steven Fulop (@StevenFulop) June 29, 2025
“I don’t live in NYC nor do I want to but one thing to mention is that I know the idea of public grocery stores has become easy fodder for critics, but if you move past the politics, there’s precedent. This isn’t some radical new idea in the US,” Fulop stated.
“The USDA [Department of Agriculture], under both Republican and Democratic administrations, has a track record of funding publicly supported grocery stores, including co-ops and nonprofit retail models. These programs continue to offer financial, technical, and planning support to help bring healthy food access to underserved communities and prices down,” Fulop stated.
Fulop stated Jersey City — the Garden State’s second most populous with 300,000 residents — additionally experimented to improve entry to dietary flood with the “Healthy Corner Store” model. The program provided help to bodegas and small grocers to offer residents more healthy food choices.
Current CEO Kathryn Wylde introduced her retirement in May. Bloomberg through Getty Images
Fulop beforehand defended New York City Democratic mayoral candidate Zohran Mamdani’s proposal for city-run grocery shops. @ zohrankmamdani/Instagram
“We gave it a real shot. It didn’t work as well as I had hoped, but I’m still glad we tried. One major lesson: it’s tough to incentivize store owners to change long-established economic habits, even when the public benefit is clear,” he stated.
During his marketing campaign for governor, Fulop objected to the MTA and New York imposing a “congestion fee” for Jersey drivers to enter Manhattan, even suggesting that the Garden State ought to impose its own reverse or payment to enter the Garden State and fund its public transit.
Start your day with all you need to know
Morning Report delivers the newest information, videos, images and more.
Thanks for signing up!
Sources stated Fulop’s 12-year file as Jersey City mayor will help him in selling Big Apple business. Jersey City was among the many leaders within the Garden State in building new housing and creating jobs, and holding crime and property taxes in test.
He additionally championed different liberal workforce points reminiscent of household paid depart and an increase in Jersey’s minimal wage.
Fulop has been mayor of Jersey City since 2013. Brigitte Stelzer
The Partnership for NYC represents 300 of the Big Apple’s largest company, banking and investment, real estate and high-tech corporations “working to advance the city’s standing as a global center of economic opportunity, upward mobility, and innovation,” per the web site.
Among the members is John Catsimatidis’ Red Apple Group, the mother or father firm of Gristedes’ grocery shops, who objects to city-run grocery shops.
Fulop is a lifelong New Jersey resident, the son of Romanian Jewish immigrants. His mom was the daughter of Holocaust survivors.
Fulop graduated from SUNY Binghamton University in 1999. He joined Goldman Sachs after finding out at Oxford University within the UK.
On the morning of the 9/11 assaults, Fulop was working in decrease Manhattan when he noticed the primary aircraft strike the Twin Towers. Just a few weeks later, he determined to put his profession at Goldman Sachs on maintain and be a part of the Marine Corps.
Fulop’s Reserve Unit deployed to Iraq in January 2003, the place he served as half of the sixth Engineer Support Battalion. He accomplished his service to the Marine Corps Reserve with the rank of corporal.
