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Press Release
CBC News
CBC Releases Testimony on the Residential Conversion of Commercial Buildings
February 28, 2023
CBC will testify on the potential for converting commercial buildings to residential use.
Press Release
CBC News
CBC Releases "No Extension without Evaluation"
February 23, 2023
CBC's newest blog, No Extension without Evaluation, recommends rejecting the proposed extensions.
Press Release
CBC News
The Citizens Budget Commission Presents Awards for Public and Civic Service at 91st Annual Gala
February 16, 2023
At its 91st Annual Gala this evening CBC will honor Governor Kathy Hochul with its 2023 Medal for High Civic Service, and Stephen Berger with its 2023 Felix G. Rohatyn Award.
Press Release
CBC News
CBC Releases Five Fast Facts About the New York State Fiscal Year 2024 Executive Budget
February 03, 2023
CBC's preliminary analysis of the fiscal documents identifies these five facts on the overall budget
Press Release
CBC News
Pro-homes Advocacy Groups Across New York State Form ‘New York Neighbors’ Coalition
January 31, 2023
New York Neighbors is the first statewide pro-homes coalition of its kind, prioritizing a menu of policies to increase housing supply and produce affordable homes to tackle the state’s debilitating housing shortage.
Press Release
CBC News
CBC Releases New York State Budget Priorities
Fiscal Year 2024
January 30, 2023
CBC has identified 11 fiscal priorities for the State in the forthcoming budget for fiscal year 2024. CBC recommends that the State.
Press Release
CBC News
CBC Releases What to Look for in the NYC Fiscal Year 2024 Preliminary Budget
January 11, 2023
CBC's analysis finds that—even absent a recession—gaps could exceed $10 billion in fiscal year 2025 and $11 billion in fiscal year 2026.
Press Release
CBC News
CBC Releases "What to Look for in New York State’s New Year"
January 09, 2023
The State is at a crossroads—decisions made this year will affect New York’s future competitiveness and desirability as a place to live and work.
Press Release
CBC News
CBC Releases Accounting (and More) for a Better Budget
December 20, 2022
CBC’s new report presents four strategies to improve budget decisions, transparency, fiscal stability, and service quality.
Press Release
CBC News
CBC Releases The Potential for Office-to-Residential Conversions
December 12, 2022
CBC’s new policy brief analyzes how 421-g was used and offers lessons for designing a cost-effective program to support office-to-residential conversions today.
Podcast episode
Energy & Environment
80%, with Chief Climate Officer Rohit Aggarwala
November 23, 2022
80% is the reduction in greenhouse gas emissions NYC buildings are required to achieve by 2050 under Local Law 97. This is but one of the many climate and environmental initiatives New York City will implement in the years to come. As the science, technology, and needs continue to evolve, how will the City achieve its goals in a way that is effective, efficient, and flexible? At a recent CBC Trustee event, Rohit Aggarwala, NYC's Chief Climate Officer and Commissioner of the Department of Environmental Protection, discussed these initiatives and more with CBC President Andrew Rein.
Press Release
CBC News
CBC Publishes Op-Ed "How to Fix the MTA’s Huge Budget Deficit"
November 22, 2022
Crain’s New York Business recently published an op-ed CBC President Andrew Rein about how the MTA should solve its $2.5 billion structural operating budget deficit.
Press Release
CBC News
CBC Releases What to Look For in the MTA's November 2022 Budget Update
November 21, 2022
Seven key questions to understand the transit system’s budget gap and risks.
Press Release
CBC News
CBC Gives Testimony on the Recommendations of the NYC Advisory Commission on Property Tax Reform
November 15, 2022
The recommendations for a new residential class would improve the property tax system, but falls short of recommending the comprehensive reform.
Press Release
CBC News
CBC Provided Comment on the Proposed Rules for Local Law 97
November 14, 2022
It is important that building owners have more complete information about compliance.
Podcast episode
Housing
1 in 3, with Chief Housing Officer Jessica Katz
November 11, 2022
1 in 3 is the number of households in New York City that are severely rent burdened. That means nearly 600,000 households are spending more than half of their monthly income on rent, electricity, and heat. At a recent CBC Trustee event, Jessica Katz, NYC's Chief Housing Officer, discussed how the Adams administration is tackling NYC's housing needs and managing its housing agenda to ensure success.
Press Release
CBC News
CBC Delivers Testimony on NYC’s Spending of Federal COVID-19 Relief Funds
November 07, 2022
Today CBC Vice President for Research Ana Champeny will deliver testimony on the $25 billion in federal COVID-19 relief funds
Press Release
CBC News
CBC Submits Testimony on Renewable Energy and New York City’s Climate Adaptation
October 13, 2022
Implementing both the CLCPA and LL97 using the most cost-effective strategies and balancing economic incentives.
Podcast episode
Housing
2 1/2, the Land Use Edition
October 04, 2022
2 1/2 is the average number of years it takes a private rezoning application to get approved in New York City, and that doesn't include the often lengthy informal pre-review negotiations. This is one of many findings in CBC's report "Improving New York City's Land Use Decision-Making Process," which can be found at cbcny.org. At a special panel discussion, Maria Torres-Springer, the Deputy Mayor for Economic and Workforce Development, delivered opening remarks on the Administration's efforts to tackle New York's housing challenges, followed by a policy panel steeped in experience with New York City's land use process.
Press Release
CBC News
CBC Releases More Money, Little Accountability
New York Continues to Increase State School Aid
October 03, 2022
This year, New York State will spend $34.4 billion on school aid, a 6.7 percent increase from last year.