Keith Roberts graduated from Harvard College and Harvard Law School and has served as attorney or chief executive at investment advisory, real estate development, distribution and manufacturing businesses.

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One part of the endowment focuses on community development work, mostly in the outer boroughs, such as job training, nonprofit real estate development, the Freelancers Union health care program and support for food businesses from artisanal food companies arising in Brooklyn to larger food processing plants that provide employment.

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In economies such as these, which compare themselves to Singapore, Hong Kong, Australia and the US, when it comes to development targets and real estate prices, similar comparisons should be made in terms of costs of establishing and running businesses.

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