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Op Ed
Economic Development
Rigorous Data Should Show Where Incentives Work Best
Crain’s New York Business
March 23, 2023
This is one area in which New York should stop following its motto—“Excelsior”!
Testimony
Public Workforce
Testimony on the New York City Health Insurance for Employees and Retirees
Submitted to the New York City Council Committee on Civil Service and Labor
January 09, 2023
With health insurance costs budgeted to increase at a rate of 8.5 percent between fiscal years 2023 and 2026, efforts to restrain the City’s costs are critical.
Testimony
Public Workforce
Testimony on the NYC Municipal Workforce
Delivered before the New York City Council Committees on Civil Service and Labor, and Oversight and Investigations
September 09, 2022
The City needs to move the existing vacancies to where they are needed, streamline the hiring process, and consider how to be more flexible given the tight labor market and modern career paths.
Testimony
Transportation
Testimony to the New York State Senate on the Pennsylvania Station Area Civic and Land Use Improvement Project
Submitted to the Senate Standing Committee on Corporations, Authorities and Commissions and the Senate Standing Committee on Finance
June 24, 2022
To ensure the project has the maximum and most cost-effective impact, the plan should be designed and executed well, should be based on appropriate decision making input and authority, and should appropriately leverage City, State, federal, and private resources.
Testimony
City Budget
Testimony on New York City Police Department's Fiscal Year 2023 Preliminary Budget
Submitted to the City Council Committee on Public Safety
March 18, 2022
Earlier today, CBC released an analysis of the NYPD’s budget that identified six major fiscal takeaways
Testimony
Economic Development
Testimony on the Effectiveness of NYS Economic Development Programs
Submitted to Joint NYS Senate Committee Hearing
January 14, 2022
While New York is a leader in the scope and amount of its economic development spending, it is not a leader in job-creating projects.
Testimony
Economic Development
Testimony on the Penn Station Area Civic and Land Use Improvement Project
Submitted to Empire State Development
December 08, 2021
Individually and collectively, these projects could contribute to New York’s long-term competitiveness and well-being.
Testimony
City Budget
Testimony on Oversight of Changes to Municipal Retirees’ Health Care Plan
Testimony before the City Council Committee on Civil Service and Labor
October 28, 2021
This agreement starts right and then veers off course to miss the finish line because the resulting savings do not flow to the City’s bottom line.
Testimony
City Budget
Testimony on Preliminary Report on New York City Property Tax Reform
Submitted to the New York City Advisory Commission on Property Tax Reform
June 16, 2021
CBC and many New Yorkers have called for reform of the City’s byzantine and unfair property tax system for decades.
Op Ed
Public Workforce
Early Retirement Incentives for City Workers Is Foolhardy and Expensive
Crain’s New York Business
April 15, 2021
New York state has just authorized New York City to offer most civilian employees an incentive to retire early. The city should flatly reject this opportunity.
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.
Testimony
Taxes
Comments on New York City Property Tax Reform
December 04, 2019
The balancing act facing legislators as they consider proposals to reform the property tax is how to increase equity, fairness, and transparency, while maintaining fiscal stability and reliability.
Testimony
Economic Development
Testimony on Industrial Development Agencies and Local Development Corporations
November 22, 2019
CBC has long advocated for increasing accountability and improving the performance of all entities engaged in economic development spending.
Testimony
Taxes
New York City Property Tax Reform
Testimony Submitted to the New York City Advisory Commission on Property Tax Reform
November 27, 2018
CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
Op Ed
Economic Development
The Smart Money on Amazon
Strengths and weaknesses in the Long Island City deal
November 23, 2018
As New Yorkers search for Black Friday deals, including on Amazon, we are also scrutinizing the deal offered to the retail giant to come to Long Island City.
Testimony
Economic Development
NYS ABO's Oversight and Regulation of IDAs
Testimony before the New York State Authorities Budget Office
September 04, 2018
The purpose of today’s public hearing is to discuss regulations recently proposed by the Authorities Budget Office to impose additional disclosure requirements on local industrial development agencies (IDAs).
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.
Op Ed
City Budget
How New York City Can Afford Fair Fares
Slowing the growth of the city’s workforce would provide the needed savings
April 16, 2018
The Fair Fares proposal can be accommodated within the city budget by exercising greater restraint in hiring and more aggressively tackling inefficiencies in its operations.
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.
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.