World Cup Final Score: A Win For NYC Hotels
Thank you, Argentina. With the final numbers on the economic impact still trickling in, it is clear a…
New York City has a contract procurement problem, and advocates are calling for reform
Small vendors and nonprofits across New York City have long complained about the complicated, onerous system for obtaining…
BLK, STT In Focus — Who Will Manage New York City’s $92B Pension Portfolio?
Asset managers have until July 15 to submit proposals for the mandates. The city’s five pension plans collectively…
Mamdani Plugs $12 Billion Budget Hole With Hochul Assist
Mayor Zohran Mamdani dropped his threat to hike property taxes as a way to close the budget gap…
As Mamdani Pulls Budget Rabbit From Hat, Watchdogs Fret Over ‘One-Shots’
Mayor Zohran Mamdani’s first executive budget proposal pulls off what seems to be a fiscal miracle by closing…
City To Renew Rikers Phone Deal Amid AI Surveillance Concerns
The city’s Correction Department is set to renew a multimillion-dollar contract with a prison telecom giant that’s bragged…
They Overdosed in Plain View on Rikers Island. NYC Will Pay $5.2 Million
City lawyers have agreed to pay nearly $5.2 million to settle lawsuits brought by the families of two…
How Many NYC Jobs? State SNAFU Brings Confusion
When the Independent Budget Office and the city comptroller released their annual economic and budget review late last…
Forgery and Wage Theft: Playground Contractors Hit With Massive Fines
Two contractors robbed workers of hundreds of thousands of dollars in wages through kickbacks, forgery and wage theft…
New NYC Assessment Roll Means Higher Taxes Are On the Way – Commercial Observer
On the whole, New York City is way more valuable this year than it was last year, and…