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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.
Testimony
City Budget
Testimony on the Recommendations of the NYC Advisory Commission on Property Tax Reform
Submitted to the New York City Council Committee on Finance
November 15, 2022
While momentum for property tax reform was slowed by the pandemic, the need for it has not diminished.
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.
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.
Testimony
Energy & Environment
Testimony on Renewable Energy and New York City’s Climate Adaptation
Submitted to the New York City Council Committee on Environmental Protection
October 13, 2022
CBC’s work has focused on implementing both the CLCPA and LL97 using the most cost-effective strategies and balancing economic incentives to further these ambitious GHG reduction goals.
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.
Press Release
CBC News
CBC Releases Testimony on NYC Ferry
September 22, 2022
CBC’s research has documented that NYC Ferry is highly subsidized, both relative to New York’s other transit systems and other ferries nationally.
Press Release
CBC News
CBC Delivers Testimony on the NYC Municipal Workforce
September 09, 2022
Over 28,000 vacancies are result of management, procedural, labor market challenges
Press Release
CBC News
Marissa Shorenstein Nominated to be Next Chair of the Citizens Budget Commission
September 08, 2022
Today, the CBC Executive Committee announced it has nominated Marissa Shorenstein to succeed Walter Harris as Chair of CBC.
Press Release
CBC News
Marissa Shorenstein Nominated to be Next Chair of the Citizens Budget Commission
September 08, 2022
Today, the CBC Executive Committee announced it has nominated Marissa Shorenstein to succeed Walter Harris as Chair of CBC.
Press Release
CBC News
CBC Releases Improving New York City’s Land Use Decision-Making Process
September 06, 2022
New York City’s ongoing prosperity depends on creating more jobs and more housing.
Press Release
CBC News
CBC Releases Prioritizing the MTA's Critical Capital Needs
What to Do When You Can’t Do It All
August 23, 2022
The MTA needs significant capital investment to ensure it does not fall into a state of disrepair, leading to service disruption that hampers New Yorkers' quality of life and the region's economy.
Press Release
CBC News
CBC Releases Late Addition
$1.6 billion in Capital Pork Served Up
July 20, 2022
CBC's new blog, "Late Addition: $1.6 billion of Capital Pork Served Up" shows that the agreement also included servings of capital 'pork' added in the final days of negotiations.
Press Release
CBC News
CBC Appoints Charlotte Levitt as Vice President for Strategy and Communications
July 19, 2022
I am pleased to announce that Charlotte Levitt will become CBC’s Vice President for Strategy and Communications starting Monday July 25.
Press Release
CBC News
CBC Releases Testimony on Adams Administration’s Housing our Neighbors Plan
July 01, 2022
Today, CBC will testify before the City Council’s Committee on Housing and Buildings on Mayor Eric Adams’ new housing plan.
Testimony
Housing
Testimony on the Adams Administration’s Housing our Neighbors Plan
Submitted to the City Council Committee on Housing and Buildings
July 01, 2022
Affordable housing production is also only one piece of the housing policy toolkit. While increasing the supply of affordable units is critical, the City, State and federal governments address the demand side, as well, by subsidizing household incomes, primarily though rental housing vouchers and other household subsidies and through workforce development programs.
Press Release
CBC News
CBC Releases Big Budget
NYC’s Adopted FY 2023 Budget—Spending and Growth
June 28, 2022
Actual spending obligations are $104.7 billion, excluding reserves and adjusting for prepayment of obligations in fiscal year 2022.
Letter
Education
Letter to Governor Hochul Urging Veto of New York City Class Size Bill
A.10498/S.9460
June 13, 2022
The Citizens Budget Commission urges you to veto A.10498/S.9460, which would set class size limits in New York City public schools.
Press Release
CBC News
CBC Promotes Ana Champeny to Vice President for Research
May 23, 2022
I am thrilled to announce the promotion of Ana Champeny to Vice President for Research. Ana is one of the foremost experts on New York City’s finances generally, and has an outstandingly deep understanding of the City’s real estate markets and property taxes.