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Press Release
CBC News
CBC Gives Testimony on the Recommendations of the NYC Advisory Commission on Property Tax Reform
November 15, 2022
The recommendations for a new residential class would improve the property tax system, but falls short of recommending the comprehensive reform.
Press Release
Housing
CBC Releases Strategies to Boost Housing Production in the NYC
August 26, 2020
Report Recommends Changes to City and State Policies Including Zoning, Planning, Building and Construction Codes, Property Taxes, and Tax Breaks
Press Release
CBC News
CBC Promotes Ana Champeny to Vice President for Research
May 23, 2022
I am thrilled to announce the promotion of Ana Champeny to Vice President for Research. Ana is one of the foremost experts on New York City’s finances generally, and has an outstandingly deep understanding of the City’s real estate markets and property taxes.
Press Release
CBC News
CBC Submits Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
March 13, 2023
With deferred maintenance driving costs higher and flagging rent collection, NYCHA's structural budget gap is widening.
Press Release
CBC News
CBC Releases The Potential for Office-to-Residential Conversions
December 12, 2022
CBC’s new policy brief analyzes how 421-g was used and offers lessons for designing a cost-effective program to support office-to-residential conversions today.
Press Release
Economic Development
CBC Report On BIDs Calls For Increased Oversight And Transparency
November 02, 2017
CBC examined the process for setting assessment fees, their uses, and the city’s oversight of BIDs, and recommends increased public review and performance evaluation.
Press Release
CBC News
CBC Releases Testimony on Adams Administration’s Housing our Neighbors Plan
July 01, 2022
Today, CBC will testify before the City Council’s Committee on Housing and Buildings on Mayor Eric Adams’ new housing plan.
Press Release
CBC News
CBC Releases "Sustainably Supporting a Sound Basic Education, Part 2"
August 14, 2024
This report demonstrates the potential impact of reallocating $447 million of expense-based aid and the $3.3 billion School Tax Relief (STAR) program in proportion to Foundation Aid.
Press Release
CBC News
CBC Submits "Testimony on the New York City Housing Authority and the City’s Preliminary Fiscal Year 2025 Budget"
March 12, 2024
While the agency has made some progress over the past year, it faces several, persistent challenges: a large operating budget gap caused by rising expenses and weakened rent collections; deteriorating physical conditions; and a clear and pressing need to continue improving and modernizing management.
Press Release
City Budget
CBC Recommends Budget Strategies for Mayor de Blasio's Second Term
January 26, 2018
In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
Press Release
CBC News
CBC Releases "A Building Crisis"
The Quality-of-Life, Population, and Economic Effects of Housing Underproduction
June 27, 2024
The decades-long failure to build sufficient housing in New York City has degraded quality of life, driven away residents and jobs, and undermined the city's tax base and economy.
Press Release
CBC News
CBC Releases "Setting the Right Ceiling: Rethinking the City’s Debt Limits and Capital Process"
April 03, 2024
CBC recommends the State reject the arbitrary, lump sum debt limit expansions the City and Executive Budget proposed, and adopt a more analytically grounded, sustainable approach.
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.
Press Release
CBC News
CBC Releases Strategies to Address New York City’s Fiscal Crisis—Without Resorting to Borrowing or Layoffs
June 10, 2020
CBC today released a report outlining the hard choices NYC’s leaders should make to close the fiscal year 2021 budget gap.
Press Release
State Budget
CBC Recommends Strategies to Mitigate Federal Tax Law Threat to New York's Competitiveness and New Yorkers
March 19, 2018
The CBC released a comprehensive report detailing the massive impacts the Tax Cuts and Jobs Act will have on the residents and revenues of New York State, as well as the steps needed to address these problems.