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The Earth Times | Posted February 3, 2002


DAVOS 2002
Interview with Roy M. Goodman
> BY TAMAR HAHN
Copyright © 2002 by The Earth Times. All rights reserved


After 33 years in office, State Senator Roy M. Goodman has agreed to step down and take a position in the Bloomberg administration as the president and CEO of the United Nations Development Corporation (UNDC). Senator Goodman, heir to a pharmaceutical fortune, is widely seen as the leader of the moderate wing of the Republican Party. The last of the Empire State's Rockefeller Republicans, Goodman is the quintessential fiscal conservative with a social conscience. In his first term, he took an active role in legalizing abortion. He went on to sponsor more than 1,200 pieces of legislation, including last year's hate-crimes bill that makes it illegal to discriminate against gays.

Senator Goodman graduated from Harvard. He is a tireless supporter of the arts, and he has ensured the flow of millions of dollars in grants each year from Albany into New York City's museums, theaters and concert halls. His skills as a raconteur are famous, as is his refreshingly self-deprecating sense of humor. When he barely won reelection last year by 200 votes, he began referring to himself as "Landslide Goodman."

The Earth Times caught up with Goodman in his office on Third Avenue as he was preparing to move into his new office by the UN. Excerpts from the interview:

Q: How did your appointment come about?

A: The appointment came about when I was least expecting it. Mayor Bloomberg phoned me to ask me to become a member of his kitchen cabinet, which I said I would be pleased to do. Then he said that the one condition he'd like to hold up was that if I ever felt that he was doing anything inappropriate I'd tell him, and I said I would do that. He likes people to be very candid and direct with him. Then I was very happily ensconced doing my Senate work and he called me and said unexpectedly that he would like me to become the president and CEO of the UNDC, which came as a total surprise. My expectation had been that if I ever change positions I would probably go into the field of the arts in which I had played an active role in the state and was under consideration for the National Endowment for the Arts. The mayor said he wanted someone with sufficient seniority and experience to head the UNDC, I think he mentioned the word gravitas, to take on a position that would involve contacts with the diplomatic community. He pointed out that he was anxious to have the UN brought closer to the family of New York City, which was of great interest to me.

So I thought about the mayor's proposal for about 24 hours and told him I would be delighted to take on the position. Basically it fits in with my feeling about the UN. I see the UN as enormously significant in that it provides the only viable opportunity in the world today for people to exchange antagonistic views with words rather than guns and bombs and hopefully to create an understanding for enduring peace in the world.

Q: Did your decision to accept the job have anything to do with the fact that you barely won re-election in 2000 against Liz Krueger?

A: Not at all. The analysis of the election revealed that Krueger won to a large degree because of the presence of Hillary Clinton and Al Gore in the ticket, who got almost 80 percent of the vote. Krueger was carried in on their shirt tails so to speak. In fact I was very tempted to run again to see if we could beat her more decisively, but of course you never know.

The reason why I decided to accept the position of president of the UNDC was that, after a third of a century being a senator, I thought that trying to do something different in the foreign policy arena would be very stimulating and so far I think it was a good decision.

Q: What do you think you bring to this job from your previous experience in politics?

A: Hopefully the understanding of people's needs and motivations in an attempt to cut the cloth in a tailor-made fashion to fit the requirements of the UN in terms of its needs for capital spending. The part of the job that I think is most stimulating is creating a spirit of closeness between the UN and the city of New York. We had a period in which there was very little contact between the city and the UN, but I think that Mayor Bloomberg regards this relationship as very important. I think that at this point the UN is very much a part of the consortium of nations fighting terrorism, and that makes it more important than ever.

Q: You are well-known for being a champion of the arts, do you see a way to bring the UN and NYC together through artistic programs?

A: At the farewell banquet that the Governor of New York gave for me at the executive mansion in Albany he said: "Roy, we wish you all the best and I'm sure that before long you will have art objects hanging from every window at the UN."

I think that there is a lot to be said about bringing art to the UN, that is not a new concept and there are many artistic things in the building. I can envision the possibility of making a venue for concerts and art exhibits within the Secretariat building that would add to the theme of world peace. I believe that art has a cleansing effect at a time when the human psyche has been badly scarred by the September 11 events, it can elevate men's attitude toward their fellow human beings.

Q: What will be the first order of business once you assume office?

A: The first thing is to establish various friendships and connections. I expect to be meeting with the Secretary General. He has a very significant capital plan in mind which involves the refurbishing of the Secretariat building and the General Assembly building. They are both over a half century old and greatly in need of repairs. The estimated cost of that is one billion dollars, and then they also need a swing building into which employees can be put while they refurbish, which will cost approximately 300-400 million dollars. In addition to that, they want to build a visitors center which is very exciting and a wonderful way to educate more people in the role of the UN. The UNDC needs to understand exactly what is involved in these projects and be as helpful as possible.

Q: What do you foresee will be the major challenges facing you as president of the UN Development Corporation and how do you propose to handle them?

A: I think that the first challenge will be the one inherent in the raising of capital for the UN. The fact that the UN is regarded by many as a prime target for terrorism might make it difficult to sell its bonds, but this can be overcome. We need to have the federal government provide federal tax exemption to the UN bonds, which was done in the past but was removed in 1986. We want to go to Washington and get that decision reversed. We also need a recognizable stream of future income which can be used to pay interest and amortization on the bonds and that can be done through leasing arrangements of the UN buildings in UN Plaza. I'm optimistic that the financing can be carried out, and my own investment banking background--the fact that I was the finance commissioner of New York City handling several billions of dollars during the first Lindsay administration--has given me valuable experience in handling this type of transaction.

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