New York City Independent Budget Office

Jars filled with marijuana leaves on display on March 31, 2021, in Midtown New York.
Leases  ·  Policy
New York City

NYC’s Legal Weed Market Could Generate Up to $43M in Tax Revenue by 2027: Report

By Rebecca Baird-Remba
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Brooklyn, New York
Development  ·  Policy
New York City

Less Than 5 Percent of Rent-Stabilized Apartments Are Vacant Year to Year, Report Finds

By Rebecca Baird-Remba
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Madison Square Garden.
Development  ·  Policy
New York City

Madison Square Garden’s Permanent Tax Break Has Cost the City Almost $1B Since 1982

By Rebecca Baird-Remba
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New York City office buildings.
Washington DC

Hybrid Work Costing NYC Businesses More Than $12B a Year, Report Finds

By Celia Young
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Brookfield's planned project on the South Bronx waterfront will include 1,300 apartments, including 350 affordable ones. It's one example of a project receiving the Affordable New York 421a tax break.
Development  ·  Policy
New York City

Majority of Housing Produced by 421a Served Higher Incomes, Report Finds

By Rebecca Baird-Remba
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The city's Independent Budget Office predicts a "slow and fragile recovery" for New York City's economy over the next five years.
Development  ·  Policy
New York City

‘Slow But Fragile Recovery’ Predicted for NYC Economy Post-COVID

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

NYC’s Property Tax Reforms Are Pitting Homeowners Against Renters

By Rebecca Baird-Remba
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Seneca Meadows landfill.
Features  ·  Sustainability
New York City

Trash Talk: A Look at NYC’s Landfill Problems

By Alex Appel
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