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Testimony
City Budget
Testimony on Charter-Defined Budget and Management Practices
Testimony Before the 2019 Charter Revision Commission
March 11, 2019
While many worthwhile ideas will be proposed, CBC believes the Commission should focus on and proposing only those changes essential to the Charter’s purpose
Blog
Taxes
Personal Income Tax Revenues in New York State and City
August 13, 2019
PIT revenues are a significant - and volatile - part of State and City budgets.
Letter
Taxes
CBC Recommendations to the New York State Tax Relief Commission
November 26, 2013
This letter to the NYS Tax Relief Commission includes cautions about the State's ability to commit to large new property tax relief programs, and recommendations for providing better relief with the $4 billion the State spends on current programs.
Report
Economic Development
Opportunity Zones In New York State and City
August 20, 2019
The Opportunity Zone program may amount to significant losses for both NYS and NYC before rising substantially in 2029.
Press Release
Housing
Working Group to Address Full Capital Needs for NYCHA's Chelsea Developments
The City of New York, Office of the Mayor
October 10, 2019
Mayor de Blasio today announced the creation of a working group to address the future of the Fulton Houses, Elliot-Chelsea, and Chelsea Addition NYCHA developments.
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.
Op Ed
Housing
Build out the NYCHA infill
Use spare land to aid public housing
April 26, 2019
Use spare land to aid public housing
Report
Economic Development
Competitiveness Scorecard
Assessing NYC's Competitiveness as a Home for Human Capital
February 06, 2013
This scorecard assesses the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent. The scorecard is based on the relative performance of the New York City metro area against 14 of the largest domestic metro areas on a comprehensive set of quantitative indicators.
Report
Taxes
Tax Policy Choices and New York City's Competitive Position
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
The purpose of this background paper is to help inform tax policy choices that the new mayoral administration may face. It examines levels of taxation in New York City compared to other cities, and it reviews research on how taxes affect the local economy and migration patterns.
Report
Public Workforce
7 Things New Yorkers Should Know About Municipal Labor Contracts
May 19, 2013
This brief lists seven things New Yorkers should know about New York City collective bargaining and labor relations.
Blog
Taxes
Pied-à-Terre Tax
Appealing but Problematic
March 13, 2019
The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.
Blog
City Budget
The Giant Slice: Legacy Costs in the New York City Budget
May 09, 2013
“Legacy costs” will claim almost 25 percent of the budget by fiscal year 2015 – leaving fewer dollars for other budget priorities.
Report
City Budget
$1.1 Billion in NYC Public Leases
Better Management Needed to Control Rising Costs
August 27, 2019
NYC spent more than $1.1 billion to lease space for public facilities and offices—an amount that has grown 40 percent since fiscal year 2014.
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 Rent Regulation Renewal
Submitted to the NYS Assembly’s Standing Committee on Housing
May 02, 2019
When considering reform, the Legislature should evaluate the potential to worsen rather than improve tenants’ living conditions.
Letter
City Budget
In Support of Non-Exclusive Commercial Waste Zones
A Letter to New York City Council Speaker Johnson and Councilmember Reynoso on Intro 1574
October 01, 2019
As the City Council deliberates establishment of commercial waste zones, we urge enactment of non-exclusive waste zone.
Report
Housing
Reconsidering Rent Regulation Reforms
January 30, 2019
New York is a city of renters, and rent regulated units account for nearly half of the city’s rental housing stock.
Report
Housing
NYCHA 2.0: Progress at Risk
September 17, 2019
Success of NYCHA 2.0 will require political, labor, and community support; assistance from City, State, and federal governments; and significant management improvements.
Report
Transportation
Switching Gears
A New Way to Fund Transportation
May 08, 2019
The new congestion pricing fee serves the dual goals of raising revenue and reducing traffic congestion; however, the measure is not a complete solution to the State’s need for transportation funding.
Report
Economic Development
Raising the REDC Bar
December 17, 2019
This report assesses REDC design and implementation based on best practices identified through case studies of successful local revitalization efforts in the U.S.