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Podcast episode
Housing
1.4%, with Vicki Been
May 02, 2024
1.4% is the current--and historically low--apartment vacancy rate in New York City. NYC and many parts of New York State are in the throes of a housing crisis caused by decades of underproduction. Solving the housing crisis is key to stemming the tide of New Yorkers leaving the state and to rolling out the welcome mat to new New Yorkers. Joining us to discuss the latest housing policy news affecting both NYC and the state is national housing expert Vicki Been, a professor at NYU's Furman Center and former New York City Deputy Mayor for Housing and Economic Development.
Podcast episode
Housing
$60 billion, with Lisa Bova-Hiatt and Jamie Rubin
April 05, 2024
$60 billion is how much the New York City Housing Authority (NYCHA) estimates it should invest in its infrastructure over the next 5 years. NYCHA faces persistent challenges: recurring budget gaps, rising expenses, weakening rent collection, deteriorating physical conditions, and more. NYCHA's CEO Lisa Bova-Hiatt and Chair Jamie Rubin both spoke with CBC at a recent event to discuss the plans and strategies they've put in place to better manage the nation's largest public housing system.
Podcast episode
Taxes
151,700, with Maria Doulis
January 31, 2024
151,700 is the net loss of New York personal income tax filers in 2020 and 2021. Some of that is the result of the pandemic, but how much? With this episode, CBC is relaunching the podcast to return to a more focused discussion with policy leaders, and there is no better way to re-launch than with the podcast's founder: CBC alum Maria Doulis, Deputy New York State Comptroller for Budget and Policy Analysis. Join us as we explore one of the most difficult challenges facing the City and State—how to keep and attract more New Yorkers.
Letter
State Budget
Watchdogs Urge Governor to Veto S7562/A7757 to Amend the Film Tax Credit
A Letter to the Governor
October 16, 2023
CBC recommends that you veto S7562/A7757, which expands eligibility for the Empire State Film Production Credit.
Letter
State Budget
Letter to State Leaders About State Aid to NYCHA for Rent Arrears
A Letter to the Governor, Senate Majority Leader, and Assembly Speaker
April 14, 2023
NYCHA’s health is critically important to the well-being of its residents and to the fiscal health of the State and New York City.
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.
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.
Podcast episode
Housing
2 1/2, the Land Use Edition
October 04, 2022
2 1/2 is the average number of years it takes a private rezoning application to get approved in New York City, and that doesn't include the often lengthy informal pre-review negotiations. This is one of many findings in CBC's report "Improving New York City's Land Use Decision-Making Process," which can be found at cbcny.org. At a special panel discussion, Maria Torres-Springer, the Deputy Mayor for Economic and Workforce Development, delivered opening remarks on the Administration's efforts to tackle New York's housing challenges, followed by a policy panel steeped in experience with New York City's land use process.
Op Ed
Housing
The Only Way to Build What We Need: NYC’s Construction Imperative
New York Daily News
June 10, 2022
If New York is to be an affordable place to live for the diverse populace it needs to thrive, it must be, to paraphrase Mayor Adams, a ”a city that says yes” to more of all housing types across the city.
Podcast episode
City Budget
29 acres, the Special Flushing Waterfront District
December 03, 2020
29 is the number of acres in the proposed Special Flushing Waterfront District. In our third episode on land use and zoning, we move from Brooklyn to Flushing, Queens to discuss the proposed district that could add 3 million square feet of housing, hotel, retail and office space; remediate Flushing Creek; and create waterfront access and park space. Developer Helen Lee and proposal critic John Choe joined the podcast to share their competing views.
Op Ed
Taxes
Don’t Bring Back the Stock Transfer Tax
City & State
October 23, 2020
It could drive business out of New York and won’t live up to revenue projections.
Podcast episode
Housing
6 months, with Gregory Russ
January 30, 2020
6 months is the time the New York City Housing Authority has to develop a reorganization plan. In this episode NYCHA Chair & CEO Greg Russ discusses working with the federal monitor to facilitate change, working with residents to instill confidence, and what needs to happen at NYCHA to make it a high-performing agency that can ably serve its 380,000 residents.
Letter
State Budget
New York State Should Responsibly Address Serious Fiscal Imbalance
A Letter to Governor Cuomo, Majority Leader Stewart-Cousins, and Speaker Heastie
December 10, 2019
The Citizens Budget Commission welcomes the recognition that the State must immediately address its serious fiscal imbalance.
Podcast episode
Taxes
Episode 83: $81.3 billion, with Commissioner Michael Schmidt
October 24, 2019
$81.3 billion the amount of tax revenue New York State will collect in fiscal year 2020—46 percent of all resources in the $176 billion New York State budget. Michael Schmidt, Commissioner of the New York State Department of Taxation and Finance, joined the podcast to parse the details on the State’s tax base and taxation policies.
Podcast episode
Housing
90%, with Sean Campion
September 20, 2019
90% is the share of NYCHA units that are at risk of no longer being cost effective to repair by 2027 at the current rate of deterioration. NYCHA released a plan to address this in December 2018. CBC Senior Research Associate Sean Campion joins the pod to discuss progress, the urgency of success, and the dismal impact of failure.
Podcast episode
Housing
6/15, the Rent Regulation Edition
June 07, 2019
6/15 is the date when NYS rent laws are set to expire. Strengthening rent regulation is a top priority for the Governor and state lawmakers in the closing days of the legislative session. Listen to REBNY President John Banks and Assemblymember Harvey Epstein share their perspectives.
Op Ed
Housing
Build out the NYCHA infill
Use spare land to aid public housing
April 26, 2019
Use spare land to aid public housing
Op Ed
Housing
In Need of Partners
Affordability Gap Too Large for New York City to Cover Alone
October 17, 2018
The City's committment to create and preserve affordable housing units and make critical repairs at NYCHA is unprecedented. But can this effort address affordability for all rent-burdened New Yorkers?
Letter
Taxes
New York State Should Create an Unincorporated Business Tax
A Letter to the NYS Department of Taxation and Finance
July 26, 2018
A UBT is needed to blunt the impact of federal tax reform; here are CBC's recommendations for designing it.
Op Ed
Transportation
Latest value capture proposal could harm NYC
City taxes should not be diverted to the MTA without local input
March 22, 2018
While value capture makes sense in theory, any such arrangement should be tailored to specific projects and circumstances - with the agreement of the City.