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Testimony
Taxes
New York City Property Tax Reform
Testimony Submitted to the New York City Advisory Commission on Property Tax Reform
November 27, 2018
CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
Testimony
Taxes
Testimony on Flaws in New York City's Real Property Taxation System
Submitted to the NYS Assembly Committee on Real Property Taxation
January 22, 2016
The two most significant issues are: 1) among residential properties, rental buildings are taxed more heavily than single family homes, and 2) within the two subgroups of residential properties—small homes and large rental buildings—property tax rates vary widely.
Testimony
City Budget
Testimony on Preliminary Report on New York City Property Tax Reform
Submitted to the New York City Advisory Commission on Property Tax Reform
June 16, 2021
CBC and many New Yorkers have called for reform of the City’s byzantine and unfair property tax system for decades.
Statement
Taxes
Statement on Property Tax Lawsuit
April 25, 2017
A judicial review based on objective evidence presented in a public forum can be a catalyst for constructive change of the seriously flawed NYC property tax.
Testimony
City Budget
Testimony on the Recommendations of the NYC Advisory Commission on Property Tax Reform
Submitted to the New York City Council Committee on Finance
November 15, 2022
While momentum for property tax reform was slowed by the pandemic, the need for it has not diminished.
Testimony
Taxes
Comments on New York City Property Tax Reform
December 04, 2019
The balancing act facing legislators as they consider proposals to reform the property tax is how to increase equity, fairness, and transparency, while maintaining fiscal stability and reliability.
Testimony
Housing
Testimony on Senate Bill 3082 on Good Cause Eviction
Submitted to the Senate Standing Committee on Judiciary and the Senate Standing Committee on Housing, Construction and Community Development
January 07, 2022
Thank you for the opportunity to testify on S3082, which would amend the Real Property Law to prohibit eviction or non-renewal of leases without “good cause.”
Testimony
Housing
Testimony on the NYCHA Physical Needs Assessment
Submitted to the New York City Council Committee on Public Housing
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.
Statement
Transportation
Statement on the Empire State Development General Project Plan and Letter of Mutual Agreement with the City for the Penn Station Area Civic and Land Use Improvement Project
July 26, 2022
Catalyzing development in the Penn Station district and renovating the station itself should help New York’s competitiveness and enable future growth.
Testimony
Housing
Testimony On New York City Housing Authority’s Blueprint for Change
New York State Assembly Standing Committee on Housing
December 08, 2020
NYCHA’s capital needs are immense, and addressing them requires employing multiple innovative strategies.
Testimony
Education
Testimony to the Education Reform Commission
July 26, 2012
Simply put, the aggregate amount of money is not the problem. Rather, current funding needs to be re-targeted to reflect new priorities.
Testimony
Economic Development
Testimony on the Penn Station Area Civic and Land Use Improvement Project
Submitted to Empire State Development
December 08, 2021
Individually and collectively, these projects could contribute to New York’s long-term competitiveness and well-being.
Statement
State Budget
Statement on the NYS Executive Budget for FY 2021
January 22, 2020
As details of the Governor’s plan are examined over the coming weeks and months, CBC will release additional analysis and commentary.
Testimony
Transportation
Testimony to the New York State Senate on the Pennsylvania Station Area Civic and Land Use Improvement Project
Submitted to the Senate Standing Committee on Corporations, Authorities and Commissions and the Senate Standing Committee on Finance
June 24, 2022
To ensure the project has the maximum and most cost-effective impact, the plan should be designed and executed well, should be based on appropriate decision making input and authority, and should appropriately leverage City, State, federal, and private resources.
Testimony
Housing
Testimony on the Residential Conversion of Commercial Buildings
Submitted to the New York City Council Committee on Land Use
February 28, 2023
Even though New York City’s economy and real estate market are both much stronger today than they were in the early 1990s, the history of 421-g remains relevant.
Testimony
Housing
Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
New York City Council Committee on Public Housing
March 13, 2023
To balance its budget and fund its basic operations, NYCHA was increasingly reliant on City subsidies and non-recurring funding sources.
Testimony
Housing
Testimony on NYCHA and New York City's Fiscal Year 2023 Preliminary Budget
Submitted to the Council Committee on Public Housing
March 08, 2022
There needs to be a clear understanding that the housing authority’s operations and financial outlook are highly stressed as well
Testimony
Housing
Testimony on State Policies and Housing Development in New York City
November 25, 2019
CBC has long seen housing affordability as a key factor affecting New York City’s long-term competitiveness.
Testimony
Housing
Testimony on the New York City Housing Authority and the City’s Preliminary Fiscal Year 2025 Budget
New York City Council Committee on Public Housing
March 12, 2024
Many critical steps should be taken quickly to stabilize NYCHA’s budget and improve physical conditions.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Preliminary Budget
January 12, 2023
Much more aggressive action is needed to stabilize future budgets, hedge against a looming recession, and improve the quality and efficiency of services.