Mayor Adams Releases FY25 Executive Budget-
Last Wednesday, Mayor Adams released the Fiscal Year 2025 Executive Budget. The Executive Budget for FY25 is $111.6B, higher than the Preliminary Budget at $109.4B. Due to better...more
NYS Lawmakers Pass FY25 Budget-
State lawmakers in New York passed the $237B FY25 state budget, reflecting an increase of $8B from FY24. The budget will retroactively be in effect from April 1, 2024 to March 30, 2025....more
This weekend, state lawmakers passed the $237B FY25 state budget, reflecting an increase of $8B from FY24. The budget was passed more than two weeks after the deadline of April 1, and will be retroactively in effect from...more
Monday evening, Governor Hochul announced the “parameters of a conceptual agreement” on the budget. Some highlights of the announced $237B budget are below:
Housing -
•NYC -
•New 485-a incentive to build housing and...more
Last Monday, the New York City Council released its response to the Mayor’s FY25 Preliminary Budget. The response identifies $6.15B in newly available funds, citing higher-than-expected tax revenue from both the current and...more
Congestion Pricing Rules Finalized by MTA-
Last Wednesday, the Metropolitan Transportation Authority’s Board approved final rules for the city’s Central Business District (CBD) tolling program, with a vote of 11-1. The...more
Last Tuesday, the New York State Assembly and Senate released their one-house budgets, outlining their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high individual earners and the...more
On March 12, 2024, the New York State Assembly and Senate released their one-house budgets, indicating their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high earners, increasing...more
IRC Approves New Congressional Maps-
New York’s Independent Redistricting Commission (IRC) voted to approve new congressional lines. Small changes have been made to a few upstate districts, but the congressional districts...more
BOSTON — City Leading AI Industry-
Boston-area companies are leading in the development of new artificial intelligence (AI) and managing data for AI use. A new report estimates that Boston’s expertise in tech and health...more
2/16/2024
/ Affordable Housing ,
Artificial Intelligence ,
California ,
City Councils ,
Commercial Real Estate Market ,
Federal Employees ,
Homeowners ,
Migrants ,
Natural Disasters ,
Property Tax ,
Public Health ,
Real Estate Development ,
Redistricting ,
State Budgets ,
Subcontractors ,
Tenants ,
Transparency
CHICAGO — Chicago Rideshare Drivers Looking for Safety Solutions- Chicago Gig Alliance organizer Lori Simmons is leading the charge in demanding city officials take action in response to a rash of recent rideshare driver...more
2/1/2024
/ Affordable Housing ,
California ,
City of Chicago ,
Coronavirus/COVID-19 ,
Deficit Reduction ,
Entrepreneurs ,
Federal Funding ,
Foreign Corporations ,
Joe Biden ,
Mayors ,
Migrants ,
Public Transit ,
State Budgets ,
Work Permits
Governor Hochul Releases FY25 Executive Budget-
On Tuesday, Governor Hochul unveiled her FY25 Executive Budget. She proposed a balanced $233B budget, which does not propose any increases in individual or corporate taxes but...more
On Tuesday, Governor Hochul delivered her 2024 State of the State (SotS), laying out her vision for the year ahead. She focused her speech on proposals for mental health, healthcare, the environment, and the economy. The...more
BALTIMORE — New UpSurge CEO Bets on Baltimore, Tech Tech- entrepreneur Kory Bailey — who was recently named CEO of UpSurge, a nonprofit, professional ecosystem-building organization — spoke about his efforts to build a...more
12/14/2023
/ Abandoned Property ,
Affordable Housing ,
Artificial Intelligence ,
Automatic License Plate Readers ,
Budget Cuts ,
Charging Stations ,
City Councils ,
City of Chicago ,
Department of Transportation (DOT) ,
Employment Contract ,
Hamas ,
Innovation ,
Migrants ,
Paid Leave ,
Property Tax ,
Public Health ,
Public Safety ,
Public Transit ,
Rent Control ,
Retailers ,
State Budgets ,
Technology ,
Terrorist Acts ,
Theft ,
Unions ,
Valuation ,
Wages
BALTIMORE — AI to Help Baltimore Agencies Bridge Language Gaps-
By year’s end, the City of Baltimore will be deploying a new AI-backed service to help 911 dispatchers communicate with callers in their native language...more
10/19/2023
/ AirBnB ,
Artificial Intelligence ,
Carbon Emissions ,
Casinos ,
Charitable Organizations ,
Crime Statistics ,
Foreign Language ,
Homeless Issues ,
Illegal Drugs ,
Interest Rates ,
Migrants ,
Nonprofits ,
Opioid ,
Political Candidates ,
Political Parties ,
Public Transportation ,
Real Estate Development ,
Redistricting ,
Sales Tax ,
Short-Term Lease ,
State Budgets ,
Strike ,
Tipped Employees ,
UAW ,
Wage and Hour
Mayor Adams has appointed Ana Almanzar as Deputy Mayor for Strategic Initiatives. In her new role, Almanzar will be overseeing the commissioners and executive directors of CUNY, the Department of Youth and Community...more
Mayor Adams Plan to Shelter Asylum Seekers Outside NYC Last Friday, Mayor Eric Adams announced a plan to provide asylum seekers and option to shelter in surrounding New York counties, outside of New York City. In response to...more
State Budget “Conceptual Agreement” -
Governor Hochul has announced a “conceptual agreement” on the state budget at an expected $229 billion. State Sen. Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl...more
Rowan Wilson Confirmed as Chief Judge-
Judge Rowan Wilson was confirmed as Chief Judge of the New York State Court of Appeals last Tuesday. Wilson is now the first Black judge to hold this position, and was approved by a...more
Gig Economy & Technology-
NEW YORK — NYPD Rolls Out Robotic “Digidog”-
The New York Police Department (NYPD) recently announced a series of high-tech security, including a robotic “digidog” to be used in life-threatening...more
4/20/2023
/ City Councils ,
Commercial Real Estate Market ,
Homeless Issues ,
Hospitality Industry ,
Labor Disputes ,
Labor Shortage ,
Local Elections ,
Mayors ,
Prison Overcrowding ,
Public Health ,
Public Transit ,
Remote Working ,
Robotics ,
Short-Term Lease ,
State Budgets ,
Technology ,
Unions ,
Wage Theft
City Council Releases Preliminary Budget Response-
City Council has released their FY24 preliminary budget response. The response outlines $1.3B in investments in housing, workforce development, essential services, and...more
State Budget Update-
The New York State budget has not yet been agreed upon, now past the deadline of April 1. Some of the key issues holding up its passage include the Governor’s housing proposal and a plan to scale back...more
Chicago will begin testing parking enforcement technology and smart loading zones following an ordinance the City Council passed March 15. The technology will automatically issue tickets for parking or standing violations in...more
3/23/2023
/ Gun Laws ,
Home Equity ,
Homeless Issues ,
Housing Market ,
Local Elections ,
Local Ordinance ,
Parking Tickets ,
Pay Equity Laws ,
Public Health ,
Rent Control ,
State and Local Government ,
State Budgets ,
Strike ,
Unions ,
Wage and Hour
State Senate and Assembly Release One-House Budgets-
The New York State Senate and Assembly have released their one-house budgets, in response to Gov. Kathy Hochul’s Executive FY24 Budget. Notably, both chambers have...more
City Council Launches “Welcome NYC”-
City Council announced a new public/private partnership in support of asylum seekers, “Welcome NYC.” The $2.2 million initiative includes $1 million in funding from the city and $1...more