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December 12, 2018The New York City Housing Authority's (NYCHA's) NYCHA 2.0 plan can help stabilize the system and deserves support.
Report City Budget
November 25, 2018The City of New York spends more than $1.1 billion annually in an effort to provide its residents and visitors this vital service, but the money is not used wisely.
November 16, 2018Expanding public-private partnerships is a big step in the right direction, and more needs to be done to put NYCHA on sounder footing.
November 15, 2018NYCHA has an astounding $32 billion in capital needs, a nearly fivefold increase over the last decade. Today nearly all its properties require substantial rehabilitation.
Podcast episode Housing
October 19, 201890% is the share of NYCHA units CBC estimates may not be cost effective to repair by 2027 under the current trajectory of deterioration. NYCHA Interim Chair and CEO Stan Brezenoff joined CBC to discuss the policy and funding challenges facing NYCHA, and how he plans to tackle key areas in desperate need of improvement.
Op Ed Housing
October 17, 2018The 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?
October 11, 2018Housing 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.
October 10, 2018Mr. Stanley Brezenoff oversees 326 public housing developments that are home to more than 400,000 New Yorkers. Mr. Brezenoff's shares his reaction to recent CBC research and gives an update on NYCHA's activities and planning.
October 02, 2018CBC illustrates how changes to an "infill" development project’s location or affordability mix can significantly affect revenue and units rehabilitated at NYCHA.
September 13, 2018NYC Advisory Commission on Property Tax Reform is charged with recommending reforms to make the NYC property tax fairer, simpler, and more transparent. CBC, the Regional Plan Association, and NYU Wagner convened a panel to discuss the current property tax system and the reforms that should be pursued.
August 29, 2018Every 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.
Podcast episode Housing
July 19, 2018$31.8 billion is the amount required to repair NYCHA's public housing units over the next five years. CBC Senior Research Associate Sean Campion discuss the findings and recommendations of CBC's recent report on NYCHA's capital needs and explains how NYCHA got into such a deep hole and and how it can start to dig out.
Blog City Budget
July 12, 2018Without workrule changes the City’s uniformed overtime caps are unlikely to be successful. In fact, several agencis have already exceeded their FY 2018 caps.
Blog Public Workforce
July 10, 2018NYC’s municipal workforce is projected to reach a record 331,520 employees by the end of fiscal year 2019. Headcount expansion has a significant impact on the City’s budget and long-term financial position.
Press Release Housing
July 03, 2018"Stabilizing the Foundations" is a comprehensive report that details the causes of NYCHA's massive capital needs and presents recommendations that should be adopted to improve tenants' quality of life.
July 03, 2018Rather 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.
July 02, 2018Radical changes need to be undertaken immediately
June 19, 2018Marisa Lago, Director of the Department of City Planning and Chair of the City Planning Comission, joined the CBC to discuss the U.S. Census, neighborhood revitalization, housing afforability, and resiliency and sustainability.
Op Ed Pensions & Benefits
June 15, 2018The 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.