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Report
Transportation
Misplaced Priorities in the MTA's Capital Plan
October 23, 2014
The plan identifies $16.9 billion in available funding, but a gap of about $15.2 billion remains unfunded. This CBC study focuses on how the money would be spent and recommends that the proposed plan be revised to address three serious shortcomings.
Testimony
Capital Spending
Testimony on the City of New York’s Capital Commitment Plan
Submitted to the NYC Council Committee on Finance and Subcommittee on Capital Budget
March 20, 2018
NYC's Capital Commitment Plan is unrealistic in its ambition, obscures capital priorities, and discourages accountability for completing capital projects efficiently.
Testimony
Education
Testimony on the New Department of Education Five-Year Capital Plan
Submitted to a Joint Hearing of the City Council Committees on Education and Finance and Subcommittee on the Capital Budget
December 18, 2018
City officials cannot continue to expect the City can build its way to a solution; making real progress will require implementing operational strategies that alter the use of space and redirect students to facilities with capacity.
Video
Capital Spending
Liu Unveils Plan to Accelerate Capital Projects
NY1
May 09, 2012
Director of City Studies Maria Doulis opines on Comptroller's Liu's proposal to borrow money today to accelerate capital investment.
Blog
Capital Spending
Rightsizing and Right Timing New York City’s Capital Plan
March 14, 2018
Despite a pledge to collaborate with the City Council on a realistic Capital Commitment Plan, the City's overly ambitious proposal is neither realistic nor transparent.
Blog
Transportation
Three Takeaways from the MTA's Financial Plan
July 2018 Update
August 13, 2018
The Metropolitan Transportation Authority (MTA) released its 2019 Preliminary Budget and four-year financial plan last month. Here are three important takeaways.
Statement
Transportation
Statement on MTA's "Fast Forward" Plan
May 23, 2018
Fast Forward, a plan to modernize New York City Transit presented by President Andy Byford today, is a serious and praiseworthy plan to improve the region's mass transit network.
Report
Capital Spending
Three Key Steps for Improving New York State’s New Statewide Capital Plan
September 25, 2013
This brief assesses New York State’s first-ever 10-year capital plan released in June 2013 by the New York Works Task Force. It offers steps to more effectively and strategically allocate State capital investment funding.
Report
Capital Spending
Planning After PLANYC: A Framework for Developing New York City's Next Ten-Year Capital Strategy
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
This report reviews capital planning and spending during Mayor Bloomberg’s tenure in order to suggest principles that can guide the development of a new long-term capital plan and financing strategy.
Video
Capital Spending
Capital and Debt Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor Conference
December 06, 2013
The next mayor will be constrained by a high debt burden that will require restraining capital spending. What principles should the next administration use to devise a long-term capital plan?
Report
Transportation
Refunding the MTA's Debt
The Importance of Getting it Right
May 06, 2012
This brief examines the Metropolitan Transportation Authority's (MTA) large-scale refunding of outstandingdebt. It focuses on a refunding that saves money and spreads debt service costs fairly over time and does not juggle the timing of debt service costs in a manner places unfair costs on riders and taxpayers in the more
distant future.
Video
City Budget
Assessing NYC’s Competitiveness as a Home for Human Capital
A Panel Discussion
February 07, 2013
This expert panel discussed the findings of the 2013 Competitiveness scorecard, which assessed the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent.
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.
Blog
Transportation
The MTA’s Preliminary 2017 Budget: Good News Now, But Risks Down the Track
September 27, 2016
Reviews the MTA's preliminary 2017 budget and points to risks, including expiring labor contracts and looming OPEB liabilities.
Blog
Pensions & Benefits
A More Flexible Pension Plan
January 25, 2012
Part of Governor Andrew Cuomo’s “Tier VI” proposal to make pension benefits for public employees of New York’s State and local government more affordable and sustainable over the long term is an optional 401(k)-style plan, already used widely in the private sector and becoming more common in the public sector.
Video
Housing
Carl Weisbrod, Director, Department of City Planning
CBC Breakfast Series
December 11, 2014
CBC Breakfast with City Planning Commissioner Carl Weisbrod in December 2014.
Report
Transportation
A Better Way to Pay for the MTA
October 09, 2012
This report builds upon previous research on the issue of how to finance the Metropolitan Transportation Authority, particularly its mass transit services. It updates and revises the findings and recommendations of a 2006 report and seeks to provide guidelines for future budget decisions.
Blog
Economic Development
Should New York's REDCs REDO Their Plans?
December 06, 2016
After 5 years, CBC reviews regional job creation results by industry, and the lackluster results suggest it is time to rethink the strategic plans of the REDCs.
Video
Housing
Marisa Lago, Director of the Dept. of City Planning
CBC Breakfast Series
June 19, 2018
Marisa 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.
Blog
City Budget
An Insufficient Savings Plan
February 24, 2016
Mayor Bill de Blasio's FY2017 budget proposal increased city-funded spending by $2.7 billion and included a Citywide Savings Program, or CSP, it was small relative to the size of the budget and savings programs of past years and insufficient to meaningfully offset the cost of new initiatives or to boost reserves.