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Blog
Transportation
Principles for Congestion Pricing
February 13, 2019
Motorists should pay a greater share of the costs of mass transit to offset the negative impacts of auto use. CBC recommends five principles to guide the crafting of a congestion pricing program
Statement
Health Care
Statement on the New York Health Act
February 11, 2019
The revised version of the New York Health Act (NYHA) released today is a well-intentioned proposal to continue to increase access to insurance coverage and reduce barriers to quality health care for New Yorkers, but currently it is not a feasible measure.
Blog
State Budget
How to Address New York State's Revenue Shortfall
February 11, 2019
In the budget’s 30-day amendments to be released this week, the State should take and propose actions to close the current year and fiscal year 2020 gaps.
Blog
State Budget
Clear Picture
NYS Executive Budget Grows 3.4 Percent
January 29, 2019
State Operating Funds spending will grow by 3.4 percent in fiscal year 2020, the third straight year it has increased by more than 2 percent.
Statement
State Budget
Statement on the NYS Executive Budget for FY 2020
January 16, 2019
Governor Andrew Cuomo FY 2020 Executive Budget addresses some policy priorities in a prudent manner, but fails to adequately control spending and build reserves.
Blog
State Budget
Third Term, First Budget:
An NYS Budget Strategy
January 10, 2019
In this uncertain economic and fiscal environment, the Governor should follow this three-pronged strategy.
Statement
Economic Development
Watchdogs to Governor: Keep Your Campaign Promises to Create Database of Deals and Prohibit Vendor Campaign Contributions
January 03, 2019
After Biggest Bid-Rigging Scandal in State History, Governor and Legislature Must Act on Clean Contracting in 2019
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.
Blog
Economic Development
Breaking Down the Amazon HQ2 Deal:
Facts and Takeaways
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.
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
State Budget
Hold Your Bets
Four Guidelines for Legalized Sports Betting in New York State
September 05, 2018
State leaders should consider these four guidelines as they decide whether and how to expand sports betting in New York.
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.
Blog
State Budget
Reallocate Settlement Payments to Boost Rainy Day Funds
July 09, 2018
NYS has wom more than $11 billion in litigation settlements since FY 2014-2015. The spending of some of the settlement funds have more merit than others, but one major shortcoming is that none of the funds were allocated to boosting reserves.
Statement
Housing
Statement on NYCHA Physical Needs Assessment
July 02, 2018
Radical changes need to be undertaken immediately
Blog
Economic Development
Governor Should Reject Ten Economic Development Bills
June 25, 2018
Ten bills to expand economic development spending had been passed by both houses of the legislature and will eventually end up on the Governor’s desk to sign or veto.
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.
Blog
Pensions & Benefits
Bitter Truth
Many Benefit Sweeteners Lack Required Fiscal Estimates
June 06, 2018
To date the New York State Legislature has introduced 138 bills in this session that enhance the benefits of state and local public employees. How much these bills could cost taxpayers is unknown.
Blog
State Budget
The State Budget Cap Has Lost Its Meaning
May 29, 2018
Keeping with Albany tradition, the state's leaders adopted the budget on the final day of last fiscal year in the wee hours of the morning with little debate and no transparency, once again proclaiming the budget complies with a 2 percent growth cap.