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Letter
State Budget
CBC Urges Governor to Veto 20 Benefit Sweeteners
A Letter to the Governor
December 03, 2022
CBC urges you to veto 20 bills which enhance benefits and increase costs to New York State and local governments.
Op Ed
State Budget
Getting Our Money’s Worth from N.Y.
New York Daily News
November 29, 2022
With the election behind us, Gov. Hochul and the Legislature can now focus squarely on policies and programs that will shape the state’s future.
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.
Blog
Transportation
What to Look For in the MTA's November 2022 Budget Update
November 21, 2022
The MTA should seize the opportunity and runway created by federal aid to implement efficiency-focused operating reforms and restructure its long-term debt.
Op Ed
Transportation
How to Fix the MTA's Huge Budget Deficit
Crain’s New York Business
November 21, 2022
A strong public transit system is essential to New York’s economy and New Yorkers’ quality of life.
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.
Video
CBC News
A Conversation with DEP Commissioner Rohit T. Aggarwala
A CBC Event
November 17, 2022
Commissioner Aggarwala discussed the Adams administration’s plans to increase the city’s resilience, reduce greenhouse gas emissions, and strengthen the NYC Department of Environmental Protection (DEP).
Statement
City Budget
Statement on NYC's November 2022 Financial Plan for Fiscal Years 2023 to 2026
November 15, 2022
The November 2022 Financial Plan demonstrates that New York City’s long-term fiscal outlook is precarious and worsening.
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.
Testimony
Energy & Environment
Comment on the Proposed Rules for Local Law 97
Submitted to the New York City Department of Buildings
November 14, 2022
Thank you for the opportunity to comment on the recently released proposed rules for the implementation and enforcement of Local Law 97 (LL97).
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.
Blog
City Budget
What to Look for in the NYC November Modification
November 14, 2022
The modification is likely to be more substantial due to Mayor Eric Adams’ call for a Program to Eliminate the Gap, a rocky economy, and future gaps that could approach $10 billion.
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.
Testimony
City Budget
Testimony on NYC’s Spending of Federal COVID-19 Relief Funds
Submitted to the New York City Council Committee on Finance and Committee on Oversight and Investigations
November 07, 2022
New York City will receive over $25 billion in federal COVID-19 relief funds; around $19 billion of these funds had been spent through the end of fiscal year 2022.
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
Video
CBC News
A Conversation with NYC Chief Housing Officer Jessica Katz
A CBC Event
October 27, 2022
As Chief Housing Officer, Katz oversees the Department of Housing Preservation and Development, the New York City Housing Authority, the Housing Development Corporation, the Mayor’s Office of Housing Recovery Operations and the Mayor’s Office to Protect Tenants.
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.