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Blog
State Budget
Don’t Get Too High on Potential Marijuana Revenues
December 13, 2018
There is significant revenue potential from the marijuana industry, but research suggests that many months or years of careful planning precede consistent revenues.
Statement
Housing
Statement on the New York City Housing Authority's NYCHA 2.0 Plan
December 12, 2018
The New York City Housing Authority's (NYCHA's) NYCHA 2.0 plan can help stabilize the system and deserves support.
Statement
Housing
Statement on NYCHA's Expansion of PACT
November 16, 2018
Expanding public-private partnerships is a big step in the right direction, and more needs to be done to put NYCHA on sounder footing.
Report
Housing
Think Your Rent Is High?
Documenting New York City’s Severest Rent Burdens
October 11, 2018
Housing affordability is a perennial concern of New Yorkers and their elected officials, and the production and preservation of affordable housing is a key priority of the de Blasio Administration.
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
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.
Report
Housing
Stabilizing the Foundation
Transforming NYCHA to Address Its Capital Needs
July 03, 2018
Rather than continue as the nation’s largest landlord, NYCHA should transition to an affordable housing steward employing a full range of strategies to preserve the affordability of its units.
Statement
Housing
Statement on NYCHA Physical Needs Assessment
July 02, 2018
Radical changes need to be undertaken immediately
Blog
Education
Absent Teacher Reserve Costs $136 Million and Needs Reform
June 14, 2018
Teachers in the Absentee Teacher Reserve (ATR) will cost the City $136 million in this school year. The City should pursue reforms to the ATR, such as a 6-month time limit, in upcoming labor negotiations with the UFT.
Statement
State Budget
Statement on the NYS FY2019 Budget
March 31, 2018
The budget gap will be closed using short-term measures instead of restraint in and reform of spending commitments.
Statement
State Budget
CBC Urges State Leaders to Respond to the Federal Tax Cuts and Jobs Act To Promote Competitiveness and Protect New Yorkers
March 26, 2018
With budget negotiations in the final push, here's what State leaders should do now and in months to come.
Report
Taxes
Practical Policy in Challenging Circumstances:
How NYS and NYC Should Respond to the Tax Cuts and Jobs Act
March 18, 2018
Strategies to mitigate the federal tax law's threat to New York's competitiveness and New Yorkers' wallets.
Blog
City Budget
City's Fourth Extension of the School Bus Grant Program Should Be Rejected
March 08, 2018
The City Council should reject this program, and all new school bus contracts should be awarded with an eye toward realizing savings in the costs of pupil transportation, now more than $1.2 billion.
Blog
Education
Governor’s Education Proposal Pierces Cap And Lacks Needed Reforms
February 20, 2018
The NYS FY2018-2019 Executive Budget increases school aid by $769 million, or 3 percent, to $26.4 billion- twice the increase allowed by the school aid cap.
Statement
Taxes
CBC Statement on Governor's 30-Day Amendments in Response to Federal Tax Legislation
February 12, 2018
The Governor's proposals represent bold and important steps to address the negative impacts the federal tax law will have on New Yorkers and to maintain New York's competitive position.
Blog
Transportation
Tsk-tsk on Governor’s TIF Proposal
February 02, 2018
The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
Blog
Education
Ripe for Reform
$466 Million in Education Aid
January 02, 2018
New York State will send $25 billion to local school districts during the 2017-2018 school year, accounting for approximately 37 percent of school district revenues.
Statement
Taxes
CBC Convenes Special Committee to Focus on Federal Tax Cuts
December 21, 2017
The Special Committee consists of CBC trustees, civic leaders, and policy experts, and will identify the greatest impacts and options for appropriate state and local government action.
Report
Housing
NYCHA Capital
What You Need to Know
December 20, 2017
Part 1 of our analysis reviews NYCHA's capital needs and spending patterns over the last 5 years.