Blog

START-UP NY, New York’s signature economic development program, made headlines for creating just 408 jobs in its first two years of operations. However, bigger disappointments may lie ahead. Read More

Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers' Retirement System (NYSTRS). Read More

Some of New York State’s major transportation infrastructure projects are now benefiting from expanded use of the design-build process—but a costly pro-union rider has been attached to proposed legislation extending design-build authorization to public works financed by New York City, and could set a troubling precedent. Read More

New York's Legislature couldn't leave town without making it easier for the music and gaming industries to collect up to $50 million a year in tax subsidies, modeled after the state's existing (and outrageous) giveaway to film and TV producers. Read More

Governor Cuomo’s deal with legislative leaders on expanded access to breast cancer screening falls squarely within three unfortunate Albany traditions: It micromanages the health-care industry in ways that add red tape and drive up costs. It singles out a high-profile disease for special treatment. And it accomplishes less than what’s promised by the press release. Read More

With just three work days remaining in the legislative session, a number of bills that would loosen the property-tax cap await consideration in both houses. The pending legislative efforts range from small modifications to the cap formula to allow more spending without triggering the cap’s supermajority requirement, to doing away with the supermajority requirement altogether. Read More

Public elementary and secondary school spending in New York reached an all-time high of $20,600 per-pupil in 2013-14 school year, topping all states and exceeding the $11,009 per-pupil national average by 87 percent, according to U.S. Census Bureau data released today. Read More