[4] Lipper produced the films City Hall, The Winter Guest, and The Last Days, and worked as chief technical adviser on Wall Street.
In his teen years growing up in The South Bronx, Lipper is fondly remembered by Al Pacino in his 2024 memoir as one of “our little gang” of neighborhood friends.
Pacino also noted that his character in the movie City Hall was based on Lipper’s later experience there as a NYC deputy mayor.
[6] Thereafter he was an associate with a Wall Street law firm for a year before serving as director of industry policy for the Office of Foreign Direct Investment in Washington, D.C.
[citation needed] His proposals for investing in America's cities by developing and supporting the entrepreneurial class have gained wide public attention.
[13][14] On December 7, 2011, Lipper appeared on Fox TV's "Good Day New York," where he discussed unemployment and economic development.
[15] On July 26, 2012, Lipper gave a speech to Group FMG, a global digital marketing organization, and spoke about a variety of issues from US budget and taxation policy to thoughts and forecasts of the European Fiscal Crisis.
His experience in government was the inspiration for another film, 1996's City Hall, starring Al Pacino, for which he served as producer and co-wrote the screenplay; he also write the novelization.