Working for the MTA is the fast track to a six-figure salary.
One in four Metropolitan Transportation Authority employees made $100,000 or more in 2014, according to payroll data released by the Empire Center Thursday.
The same day a report came out that partly attributed a rapid rise in M.T.A. costs to a union contract brokered by Governor Andrew Cuomo, Cuomo said he was "not in a position to say whether $800 million in overtime is a lot of money or a little money."
New York City’s pension costs will reach nearly $8.8 billion in the coming 2016 fiscal year — more than double the 2006 level and nearly eight times the 2001 amount.
Yet now, with a week to go in the state legislative session, Albany is poised to drive those costs even higher.
It’s both ironic and fitting that Victor Gotbaum, longtime leader of New York City’s largest municipal-workers union, died on the 40th anniversary of the fiscal crisis.
New York’s property tax cap has survived a legal challenge from the New York State United Teachers (NYSUT) for the second time in six months.
New York State had the nation's most unionized workforce in 2014, thanks largely to its very heavily unionized public sector.
Better late than never, Governor Andrew Cuomo has exercised a pocket veto of legislation that would have allowed unions representing police and other civil service employees to insist on collective bargaining of disciplinary procedures.
The bill was passed at the end of session in June, but wasn't even sent to Cuomo's desk by the Senate until December. That effectively re-started the clock for gubernatorial consideration, making this a measure the governor could kill by not signing it within 30-day period, which just ended.
If anyone still thinks Gov. Cuomo is serious about addressing New York’s economic woes, two ideas he rolled out this week should put a quick end to that fantasy.