By Mark Prussin Updated on: June 27, 2024 / 7:38 PM EDT / CBS New York NEW YORK -- Funding for New York City libraries is being fully restored in the 2025 fiscal year budget. That means libraries will return to being open seven days a week. Mayor Eric Adams and City C...
New York State Governor Kathy Hochul released the Fiscal Year 2025 Executive Budget on January 16, 2024. The 299-page Health and Mental Hygiene Bill (HMH Bill), incorporated into the proposed budget legislation as part of the Article VII Bills, if passed in its current form, will bri...
Themayoral control lawallows the New York City mayor to appoint both the chancellor of the city’s public schools and a majority of the members of the Panel for Educational Policy, which functions as New York City’s school board. The law, first passed by the state Legislature i...
“Mayor Adams and Speaker Adams's decision to allocate an additional $2 billion in the housing capital budget is a huge win for New Yorkers,” saidNew York City Housing Development Corporation President Eric Enderlin. “We look forward to working with the administration and ou...
New York City came out of budget talks with a mixed bag when it comes to the Metropolitan Transportation Authority. After an initial proposal from Hochul asking the city to chip in an additional $500 million a year in funding, the Big Apple is now on the hook for just ...
Statewide,New Yorkers voted to approve Proposition 1, enshrining abortion rights into law.New York City voters also weighed several ballot proposalsthat could change the city's charter. New York is typically considered a solidly blue state, but much attention is being paid to it this year sinc...
7% of the city’s $112 billion budget for fiscal year 2025 is from federal grants. Loss of federal funding could have negative implications for housing and infrastructure. Office: As more companies call employees back to the office, the Manhattan leasing market is looking more like its old ...
As ofDecember 31, 2023, CEV had approximately 473MW of solar capacity (including residential) in service inNew Jersey,New York,Connecticut,Rhode Island,Indiana, andMichigan. Storage and Transportation Storage and Transportationreported first-quarter fiscal 2024 NFE of$3.6 million, compared with NFE...
Gasparino, Charles
For the week of February 12, 2024, we’re looking at how bonuses and real wages have declined since last year for workers in New York City. Bonuses Are Declining for NYC Workers Workers in New York City are seeing a decline in bonuses for the second year in a row, as data from the...