Citizens Budget Commission

New York City Mayor Eric Adams
Residential · Policy
New York City

Critics Unimpressed With Eric Adams’s $115B Preliminary 2026 Budget

By Mark Hallum
Kathy Hochul.
Policy
New York

New York’s $237B Budget Covers Growing Health, School Costs — For Now

By Abigail Nehring
Collection of skyscrapers during sunset
Industry · Policy
New York City

Commercial Real Estate’s Challenges Collide With NYC’s Tax Rolls

By Abigail Nehring
One Wall Street is one of the few buildings converted to apartments in the Financial District since a 90s era tax incentive program for residential conversions expired in 2006.
Development
New York City

Can NYC Incentivize Office-to-Residential Conversions Again?

By Rebecca Baird-Remba
New York city subway
Infrastructure · Development
New York City

20 Percent of MTA’s Capital Funding Is at Risk, Report Finds

By Rebecca Baird-Remba
MTA Chairman Janno Lieber.
Policy
New York City

MTA Banking on Major Return to Office by End of Year

By Mark Hallum
Governor Kathy Hochul discusses the New York State budget with Andrew Rein, President of the Citizens Budget Commission at a breakfast in New York City.
Policy
New York City

If You Can Dine Out, You Can Go to the Office, Hochul Says

By Mark Hallum
A new analysis from the Citizens Budget Commission finds a number of issues with the city's new carbon reduction law for buildings, and argues that it may be too punitive in the wake of the pandemic.
Development
New York City

NYC Emissions Law Discourages Dense Office Buildings, Lacks Clarity: Report

By Rebecca Baird-Remba
TSX Broadway
Hospitality · Development
New York City

A Proposed Permit for Hotel Construction Could Croak NYC’s Hospitality Recovery

By Rebecca Baird-Remba
The New York Stock Exchange.
Industry · Finance
New York

New York Stock Exchange Threatens to Leave NYC Over Transfer Tax

By Rebecca Baird-Remba
property tax reform illustration cuomo
Development
New York City

NYC’s Property Tax Reforms Are Pitting Homeowners Against Renters

By Rebecca Baird-Remba