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Op Ed
Economic Development
The State Budget Keeps Wasting Economic Development Cash
City & State
April 06, 2018
As the New York state budget was being adopted by the Legislature this weekend, some legislators objected to a $3 million appropriation for an upstate luxury golf tournament deemed to be an economic development initiative.
Press Release
Economic Development
CBC Releases Report On Mayor De Blasio's Economic Development Record
January 02, 2018
Evaluation of the City's economic development record under Mayor de Blasio and recommendations for five areas for improvement.
Press Release
CBC News
CBC Releases "11 Billion Reasons to Rethink: New York's Increasing Economic Development Spending"
July 20, 2023
CBC's new policy brief reveals that New York's State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs.
Op Ed
Economic Development
New York needs better return on economic investments
Albany Times Union
January 17, 2018
While upcoming corruption trials may provide a revealing behind the scenes look at state operations, they should not distract from the pressing need to reform the state's approach to economic development in this legislative session.
Op Ed
City Budget
What de Blasio, City Council should do with $800 million
Crain’s New York Business
May 22, 2019
While de Blasio and Council Speaker Corey Johnson have both stressed the importance of preparing for an eventual economic downturn, the mayor's proposal falls short of what's needed.
Press Release
Housing
Working Group to Address Full Capital Needs for NYCHA's Chelsea Developments
The City of New York, Office of the Mayor
October 10, 2019
Mayor de Blasio today announced the creation of a working group to address the future of the Fulton Houses, Elliot-Chelsea, and Chelsea Addition NYCHA developments.
Presentation
City Budget
Options to Reduce Expenditures
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
In this presentation, CBC puts forward eight options to reduce expenditures by nearly $4 billion by FY2018.
Press Release
Economic Development
Watchdogs Call on Assembly Speaker to Allow Vote on Database of Deals and Comptroller's Procurement Integrity Act
June 18, 2018
Bills that would increase transparency of state business subsidies and fairness of economic development contracts have already passed State Senate 62-0 and 60-2.
Op Ed
City Budget
We Need to Pump Up the City's Rainy Day Fund Now
Crain's New York Business
June 07, 2022
New York City needs to be ready to protect the most vulnerable in the next economic storm. So we urge the mayor and the city council to put a serious sum into our city’s rainy day fund as they conclude budget negotiations this month, while the sun is shining.
Press Release
CBC News
CBC Submits "Testimony on Congestion Pricing and the MTA's Fiscal Health
August 17, 2023
Congestion pricing revenues will provide critical funding for one-quarter of the MTA's 2020-2024 Capital Plan—resources that are essential to ensure progress toward a state of good repair for the region's transit system.
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 "Recommendations for Legislative Action on the Fiscal Year 2024 NYS Executive Budget"
March 11, 2023
CBC’s recommendations are rooted in key economic and fiscal realities.
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.
Op Ed
Housing
How New York Can Build Housing
New York Daily News
January 19, 2023
Solving New York’s housing crisis requires decisive action to catalyze faster development of hundreds of thousands of new homes.
Press Release
CBC News
Watchdog Groups Urge Senate and Assembly to Pass “Database of Deals” Transparency Law
May 11, 2021
The ESD Database of Economic Incentives includes only a fraction of State subsidies to businesses and does not contain crucial basic information.
Op Ed
City Budget
It’s Time to Fix New York’s Dysfunctional Construction Regulations
Crain’s New York Business
October 02, 2020
There is no better way to rebound from the economic and social damage inflicted by the Covid-19 pandemic than to seize the opportunity to address some of New York City’s most intractable challenges.
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.
Press Release
CBC News
CBC Releases "Spending In Perspective" and "PEGs In Perspective"
May 23, 2023
As City Council Executive Budget hearings wrap up, signaling the next stage of New York City budget negotiations, the CBCs two new releases, Spending in Perspective and PEGs in Perspective, reveal that:
Op Ed
City Budget
End de Blasio’s giveaway to bus companies
May 09, 2017
The program was bad policy from the outset-- and was extended for a third year. The City Council should defund it when the budget is adopted.
Op Ed
Pensions & Benefits
Pension sweeteners a bitter prospect for New York City
New York Daily News
June 15, 2018
The City Council adopted a budget for fiscal year 2019 that totals almost $90 billion. Almost $10 billion will be devoted to pensions for public employees, and the amount is projected to grow. And yet, for some, this is not enough.