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Blog
Transportation
What to Look for in the MTA's November Budget Update
November 16, 2021
The MTA will be releasing its operating budget update Wednesday. Here is what we are looking out for.
Blog
Transportation
Getting the Pricing Right
Six Recommendations for Congestion Pricing
July 28, 2021
As the Traffic Mobility Review Board considers its recommendations and the Triborough Bridge and Tunnel Authority determines the policies and implements the program, they should follow six recommendations
Blog
Transportation
Light, at the Beginning of the Tunnel
What to Look for in the MTA 2021 July Financial Plan
July 20, 2021
While the path to achieving operating savings is hard, it is much preferable to phase in these savings over the next few years than to have massive fare and toll increases, economically damaging service cuts, or significant increases in dedicated taxes and subsidies.
Blog
City Budget
Five Fast Facts about the NYPD’s Adopted FY 2022 Budget
July 15, 2021
The more than $10 billion in planned annual spending on the NYPD continues to garner significant attention. NYC’s recently adopted FY 2022 Budget has five important takeaways.
Blog
City Budget
Hiring Now, Attrition Later
One-Year Hiring Thaw Leaves Budgeted Staff Reduction For Next Mayor
July 13, 2021
In the Fiscal Year 2022 Adopted Budget, Mayor Bill de Blasio and the City Council temporarily reversed the City’s partial hiring freeze savings plan.
Blog
City Budget
Spending in Focus
NYC Fiscal Year 2022 Adopted Budget Obligations Total $103 Billion
July 01, 2021
The City’s fiscal year 2022 expenditure obligation is actually $103.3 billion, a full $4.6 billion higher than the $98.7 billion in the plan.
Blog
Economic Development
Complement, Don't Duplicate
Targeting NYC Small Business Recovery Programs
June 21, 2021
It is critically important for the City to identify potential gaps first by determining which businesses are eligible for which existing programs and whether those programs reasonably meet their needs.
Blog
Public Workforce
We Fund the Police
How Much? What Has Changed?
June 15, 2021
Few fiscal realities are the subject of as much public attention as the size of the NYPD budget.
Blog
Public Workforce
Rising Again
City Reverses Course on Workforce Reduction
June 08, 2021
With annual budget gaps in fiscal years 2023 to 2025 nearing $5 billion (including unspecified labor savings), the City should not increase the size of its workforce.
Blog
City Budget
To Cross the Bridge Wisely
Strategies for NYC’s Fiscal Year 2022 Executive Budget
April 20, 2021
The soon to be released Fiscal Year 2022 Executive Budget will reveal how the Mayor proposes to address the City’s extraordinary fiscal circumstances that recently have brightened
Blog
City Budget
Bridge Over Troubled Fiscal Waters?
Only if Federal Aid Is Used Wisely
March 15, 2021
With more than $5 billion in additional federal relief expected to flow to New York City, the appropriate course of action now would be to address the most pressing pandemic and related expenses and responsibly backfill shortfalls in tax revenues temporarily but resist the urge to fund programs with recurring costs without a long run fiscal stability plan.
Blog
Transportation
What to Look for in the February Update to the MTA’s Financial Plan
February 17, 2021
Further actions will be needed to stabilize the MTA’s finances in the long term.
Blog
Public Workforce
Why Spend to Save?
Early Retirement Incentives Save Less than Attrition
January 28, 2021
ERIs are a more costly workforce reduction strategy than attrition or layoffs.
Blog
City Budget
Charter Revision 2019
Clearing Out the Clutter
December 14, 2018
The 2019 Commission will avoid the shortcomings of recent commissions if it stays true to its stated criteria and pursues Charter revisions that simplify and update the document.
Blog
Energy & Environment
Commercial Waste Zones
A Green Solution in More Ways Than One
November 07, 2018
The City's plan deserves support.
Blog
Pensions & Benefits
NYC Long-term Liabilities Top $257 Billion
October 31, 2018
The City's liabilities reached a record $257.3 billion, an increase of $4.7 billion since fiscal year 2017.
Blog
Housing
NYCHA's Untapped Assets
How NYCHA Can Maximize the Value of Infill Development
October 02, 2018
CBC illustrates how changes to an "infill" development project’s location or affordability mix can significantly affect revenue and units rehabilitated at NYCHA.
Blog
City Budget
Traffic, Rats, and Noise
Quality of Life and the Fiscal Year 2018 Mayor’s Management Report
September 25, 2018
Citizens satisfaction measures should be added to the Mayor’s Management Report to ensure that quality of life concerns are addressed.
Blog
Taxes
New York City Homeowners
Who's Got the Unfairest Tax Burden of Them All?
September 12, 2018
One of the basic principles of good tax policy is equity: similarly situated taxpayers should have similarly sized tax bills. New York City’s property tax system does not comport with this principle.
Blog
Housing
NYCHA’s Physical Conditions Remain the Worst in the City
Insights from the 2017 Housing and Vacancy Survey
August 29, 2018
Every three years, the U.S. Census Bureau conducts a New York City Housing and Vacancy Survey (HVS), which provides the most comprehensive information available on the size, nature, and condition of New York City’s housing stock.