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"Wall Street plans to get smaller this summer," the New York Times today.  "Faced with weak markets and uncertainty over regulations, many of the biggest firms are preparing for deep cuts in jobs and other costs." This would have signif Read More

Nicole Gelinas has a in the New York Post today skewering state Senate Republicans for passing a bill that would repeal the in the Metropolitan Transportation Region without offering a solid plan for closing the holes in the MTA operating a Read More

City Council Speaker Christine Quinn and the chairman of the Municipal Labor Committee, an umbrella group of labor unions, have the idea of tapping a union-controlled health care slush fund to prevent 4,100 scheduled scheduled teacher layoffs and 20 Read More

Ending the moratorium on "hydrofracking" of natural gas in upstate New York would spur over $11.4 billion in economic output, create 15,000 to 18,000 jobs in the Western New York and the Southern Tier regions, and generate $1.4 billion in state and l Read More

CoreLogic released some data last week on the number of homeowners who are "underwater" on their mortgages; that is, they owe more than their homes are worth. The good news: New York has the lowest percentage nationwide of homeowners with Read More

New York City's pension actuary is "likely" to recommend a reduction in the interest rate used to calculate tax-funded pension contributions, the New York Post (not for the first time) yesterday.  A lower interest rate will lead to higher pension c Read More

Governor Cuomo today that follows exactly -- which is a disappointment, if not exactly a surprise.  Certainly if Cuomo's pension program ends here, it will undermine the governor's attempts to portray himself as a reformer. Read More

Robert Fitzpatrick spent $140,000 buying up subway and bus ads to warn people that the world was going to end Saturday. According to news reports, it didn't. So should we worry about how Fitzpatrick, a retiree on a fixed income, will support himself Read More

The Tappan Zee Bridge, which carries 51 million vehicles annually across the Hudson River between Rockland and Westchester counties, is one of the Northeast region’s most important transportation arteries--and it's badly in need of replacement. Read More

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The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.

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