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Special Feature
Capital Spending
NYC Debt Outstanding
Fiscal Years 2002-2020
December 28, 2020
New York City debt outstanding grew to $125 billion—84 percent since 2005.
Letter
State Budget
Groups Urge Governor to Consider Reform of Scaffold Law
A Letter to the Governor
November 16, 2020
While it may have served a purpose prior to enactment of today’s comprehensive worker protections, New York should trust the modern approach to worker safety.
Blog
Taxes
Getting Into the Weeds About Potential Recreational Marijuana Revenues
November 16, 2020
State leaders should be cautious about relying on these potential revenues to help close budget gaps.
Blog
Taxes
Let a Sleeping Tax Lie
New York Should Reject Proposals to Reinstate the Stock Transfer Tax
November 09, 2020
If the rebate were eliminated, essentially putting the tax back into effect, New York would become the only state to impose such a tax on the sale and transfer of stock.
Blog
Taxes
Live From New York, It’s Excessive Tax Incentives!
October 28, 2020
Since 2004 New York State has allocated $7.8 billion in tax incentives to the film and television industry—almost enough to build two Mario M. Cuomo bridges or two Freedom Towers.
Blog
Taxes
Slumping Sales
Pandemic Continues to Batter City Economy
October 27, 2020
Recently released sales tax data show the COVID-19 pandemic and recession continue to batter New York City.
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
Economic Development
8,200, with Councilmember Brad Lander
October 15, 2020
8,200 is the number of new housing units that could be created by the proposed rezoning of Gowanus, Brooklyn. Councilmember Brad Lander joins "What's the [DATA] Point?" to discuss the rezoning plan and make the case for comprehensive planning.
Report
State Budget
Quick Download
Four Facts about Broadband Availability and Access in New York
September 24, 2020
Here are four things to know about broadband availability and access in New York.
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.
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.
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.
Blog
State Budget
New York Taxes: Layers of Liability
June 25, 2020
Any consideration of tax increases should include the impact on State and local economic competitiveness
Blog
City Budget
Seven Facts About the NYPD Budget
June 12, 2020
The NYPD is New York City’s third largest agency, commanding $10.9 billion in spending in fiscal year 2020, including pensions, fringe benefits, and debt service costs.
Blog
City Budget
Buoying EDC's Operating Budget
June 01, 2020
EDC’s recent decision to reduce service hours and recalibrate routes on NYC Ferry is a step in the right direction.
Blog
Public Workforce
The Growth of NYC Employee Headcount
Time to Reduce the Size of the Public Workforce
May 18, 2020
NYC budget documents don't show a plan to shrink the workforce, which reached an all-time high, during this recession. That should change.
Video
State Budget
State Budget Breakdown
New York NOW from WMHT
April 04, 2020
David Friedfel from CBC breaks down the final spending plan and what it means for New Yorkers.