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Citizens Budget Commission of New York

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  • Capital Spending (11)
  • City Budget (95)
  • (-) Economic Development (20)
  • Education (8)
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  • (-) Housing (14)
  • Pensions & Benefits (12)
  • (-) Public Workforce (10)
  • State Budget (43)
  • Taxes (17)
  • Transportation (13)

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  • Blog (8)
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Showing 1 - 20 of 43
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.
Report City Budget

Reviving EMS

November 25, 2018
The 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.
Op Ed Economic Development

The Smart Money on Amazon

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.
Blog Economic Development

Breaking Down the Amazon HQ2 Deal:

November 21, 2018
Amazon has committed to creating 25,000 full-time high-paying jobs over ten years, investing approximately $2.5 billion, and building 4 million square feet of office space at its new headquarters in Long Island City, with the possibility of expanding to 8 million square feet and 40,000 jobs. To facilitate this investment, Amazon will receive benefits of up to $1.7 billion from New York State and $1.8 billion from New York City. This blog explains the incentive package provided by the State and City and offers five takeaways about the deal and its lessons for future economic development policy.
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.
Testimony Housing

Testimony on the NYCHA Physical Needs Assessment

November 15, 2018
NYCHA has an astounding $32 billion in capital needs, a nearly fivefold increase over the last decade. Today nearly all its properties require substantial rehabilitation.
Op Ed Housing

In Need of Partners

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?
Report Housing

Think Your Rent Is High?

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.
Video Housing

Stanley Brezenoff, Interim Chair & CEO, NYC Housing Authority

October 10, 2018
Mr. 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.
Blog Housing

NYCHA's Untapped Assets

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.
Video Taxes

The New York City Property Tax

September 13, 2018
NYC 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.
Blog State Budget

Hold Your Bets

September 05, 2018
State leaders should consider these four guidelines as they decide whether and how to expand sports betting in New York.
Testimony Economic Development

NYS ABO's Oversight and Regulation of IDAs

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).
Video Economic Development

Increasing Transparency and Economic Development Funding

September 04, 2018
There's an ongoing debate over the state's use of taxpayer money for economic development efforts, but a lot of investment happens at the local level, through Industrial Development Agencies.
Blog Housing

NYCHA’s Physical Conditions Remain the Worst in the City

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.
Letter Economic Development

Veto Ten Bills That Expand Economic Development Programs

August 14, 2018
The Governor should veto ten bills that would expand the State’s economic development programs. Three of the bills would expand or enrich existing programs, six bills would create a new targeted program, and one bill would create a new broad program.
Video Economic Development

Friedfel Talks Economic Development Inititatives

July 12, 2018
Ten economic development bills passed the state legislature, but CBC says the current programs need to be reformed before anything new is added.
Blog City Budget

Reduction in Uniformed Overtime Is Still Needed

July 12, 2018
Without 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

The Cost of a Growing City Workforce

July 10, 2018
NYC’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

CBC Recommends Immediate and Dramatic Changes to Address NYCHA's $32 Billion Capital Needs

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.

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CBC is a nonpartisan, nonprofit organization pursuing constructive change in the finances and services of New York City and State.

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