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Podcast episode
Economic Development
20,000, with Industry City CEO Andrew Kimball and Councilmember Carlos Menchaca
September 24, 2020
20,000 is the number of jobs that could be potentially created by proposed rezoning of Industry City, a sprawling retail, office, and manufacturing complex in Sunset Park, Brooklyn. But this week the developer pulled the plug on the proposal after negotiations with stakeholders came to a standstill. What went wrong, and what does that mean for the future of Industry? This is episode is a tale of two rezonings, as told by Industry City CEO Andrew Kimball and NYC Councilmember Carlos Menchaca.
Letter
State Budget
Groups Urge State to Release a Specific Plan for Closing FY 2020-2021 Budget Gap
September 23, 2020
We write to urge you to release a specific and detailed plan for closing New York State’s fiscal year 2020-2021 $9 billion budget gap.
Blog
City Budget
FY2021 Agency Budget Realities
Increases vs. Decreases in City-Funded Spending
September 22, 2020
The City will likely need to implement additional savings programs in fiscal year 2021, as well as to identify savings to close the $4.2 billion gap in fiscal year 2022.
Op Ed
City Budget
A Budget Battle Plan for NYC
New York Daily News
September 16, 2020
Ensuring the city’s finances are well managed is more important than ever.
Report
Energy & Environment
Aligning Crossed Policy Wires Can Help Achieve CLCPA Goals
September 16, 2020
This policy brief offers some examples of tax expenditure and direct spending programs the State could tailor to help meet CLCPA goals.
Press Release
Energy & Environment
New York League of Conservation Voters and CBC release report on aligning policies to reach CLCPA goals
September 15, 2020
CBC and the NYLCV released a report identifying existing policies at odds with the goals of the CLCPA.
Statement
City Budget
No NYC Borrowing Authority without More Savings, Fiscal Stability Plan, and FCB
September 08, 2020
While New York City’s fiscal crisis is severe, it should not borrow now to balance the fiscal year 2021 budget.
Blog
City Budget
Authority for NYC to Borrow for Operating Expenses Should Be Provided Only with Strict Conditions and Oversight
September 08, 2020
The City should not borrow now for the FY21 budget. Borrowing should be a last resort, and may be reasonable only if revenues deteriorate substantially from current projections.
Report
Public Workforce
How to Make $1 Billion in Labor Savings Real & Recurring
September 02, 2020
As the City faces the worst fiscal crisis in generations, municipal workers are also facing the dire prospect of layoffs.
Statement
Public Workforce
Statement on Borrowing vs. Layoffs in NYC Budget
September 02, 2020
The New York City budget adopted 64 days ago commits to $1 billion in recurring savings from negotiations with labor unions; however, to date apparently no savings have been agreed upon.
Video
Housing
Building Our Future
A Panel Discussion on Spurring Housing Production to Improve NYC's Competitiveness and Affordability
August 26, 2020
Housing affordability for New Yorkers of all incomes is important to the competitiveness of the NYC region.
Report
Housing
Strategies to Boost Housing Production in the New York City Metropolitan Area
August 26, 2020
Building more housing for every type of household can help make the New York region more affordable and competitive for generations to come.
Press Release
Housing
CBC Releases Strategies to Boost Housing Production in the NYC
August 26, 2020
Report Recommends Changes to City and State Policies Including Zoning, Planning, Building and Construction Codes, Property Taxes, and Tax Breaks
Testimony
Transportation
Impact of COVID-19 on the MTA and Public Transportation
Testimony to the New York State Senate and Assembly
August 25, 2020
The MTA shouldmake the hard choices that will be necessary to reduce spending and keep the system operating.
Video
CBC News
CBCNY to New York State: "Delaying Budget Cuts Will Only Create More Problems"
Spectrum News
August 18, 2020
David Friedfel, the director of State Studies for the Citizens Budget Commission (CBCNY), told Capital Tonight host Susan Arbetter that the longer the state waits to make cuts to the budget, the more painful those decisions will become.
Statement
City Budget
CBC Statement on City’s Land Use Process
August 18, 2020
CBC is increasingly concerned that at times the City’s land use process serves as an impediment to proposals needed to spur growth.
Podcast episode
Economic Development
72%, with NYC Business Leaders
August 16, 2020
72% is the share of firms which have experienced challenges in the switch to remote work spurred by the pandemic. The datapoint is from a survey of business leaders representing several key NYC economic sectors. We convened a panel of five CBC Trustees representing real estate, finance, law, health, and job development to discuss the survey's finding, and how they believe their sectors--and the City as a whole--will look like in the short-term and the long-term.
Blog
City Budget
Was the NYPD Budget Cut by $1 Billion?
August 13, 2020
The size of the NYPD’s budget was a prominent focus of this year’s budget negotiations, with many activists and elected officials calling for a $1 billion cut.
Video
CBC News
Faced with Dwindling Bail Out Options, de Blasio Threatens Layoffs
Spectrum News
August 13, 2020
"The city pays the full premium for employees, retirees and their families. It's a deal that no other New Yorker in the private sector has," said Maria Doulis, vice-president at the Citizens Budget Commission. "Getting together around items like that can preserve jobs for public workers and preserve services for New Yorkers in general."
Blog
City Budget
NYC FY2021 Adopted Budget
Short-Term Balance, Long-Term Challenge
July 21, 2020
After tense negotiations and a close vote ending early morning July 1, the City adopted an $88.2 billion budget for fiscal year 2021.