Lawsuits
421a Builder pays back wages to workers
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Attorney General Letitia James, New York City Comptroller Scott Stringer, and 32BJ SEIU President Kyle Bragg yesterday distributed more than $400,000 in
Construction & Design
Stringer rails over $600M slow-go subway
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The MTA’s $600 million contract with Bombardier Transit Corporation to produce 300 subway cars is nearly three years behind schedule. SCOTT STRINGER An
Featured
City seeking answers as retail suffers a decade of decline
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The rate of retail space becoming vacant in New York City has shot up by 50 percent in the span of one decade, according to a new report on the state of
Residential
Comptroller report blames rising rents on increased Airbnb listings
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New York City’s Comptroller Scott M. Stringer released a report that claims residents pay $616 million in additional rent in 2016 due to the growth
Deals & Dealmakers
Report: East New York rezoning may push out 50,000 residents
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The East New York rezoning plan, which is part of the de Blasio administration’s effort to create or preserve 200,000 affordable housing units, may push
Featured
It’s all aboard as train ban is lifted for Bronx riders
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The MTA announced it will make the Metro North’s New Haven line available for commuters in the Bronx, ending a practice dubbed “exclusionary” by City Comptroller
Debt & Equity
Stringer says city should bank tax glut
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A one-time infusion of income tax revenues in FY 2018 helped the City balance the $89.16 billion Adopted Budget for Fiscal Year 2019, according to a report
Construction & Design
Critics accuse city of failing to save for impending downturn
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A recently released preliminary budget for New York’s 2020 fiscal year is catching criticism from politicians and business leaders who say it fails to
Deals & Dealmakers
Bad landlords owe city millions in unpaid fines, says comptroller
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Tens of millions of dollars in fines from bad landlords go uncollected every year, according to an audit by comptroller Scott Stringer. The Department
Deals & Dealmakers
Stringer: NYC’S low wage job gains not enough to grow economy
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Strong gains in private-sector payroll jobs helped New York City’s economy grow by an estimated 3.4 percent during the first quarter of 2016, significantly
Debt & Equity
Report: Trump tax plan disproportionately benefits New Yorkers making over $500,000
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Describing the Trump administration’s tax reform plan as “written by millionaires, for millionaires,” New York City Comptroller Scott Stringer released
Residential
Reporting rent payments good for tenants and landlords
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More than seven in every ten renters would be motivated to pay their rent in a timely fashion if they knew the payments would become part of their credit