Tag: New York City

The Metropolitan Transportation Authority has agreed to a seven-year contract that will give MTA cops base pay increases totaling 18 percent, including a 7.5 percent retroactive boost effective immediately, the Daily News reports. Union members also scored a boost in their longevity pay, which will rise to a maximum of $9,800, in exchange for agreeing to curb overtime, stretch-out the schedule of annual pay hikes for newly hired officers and make new recruits pay 2 percent of their salaries toward health insurance. Read More

Former Governor Eliot Spitzer is making a last-minute bid to get on the Democratic primary ballot for New York City comptroller. But, writing in the Daily News, E.J. says Spitzer’s record as governor “raises serious questions of his suitability for this particular job.” Read More

City Council Speaker Christine Quinn has her eye on the other half of City Hall. In her current position, she already represents New Yorkers. So why does she feel so powerless that she supports outside action to force the city to do stuff -- when she is the city? Read More

The latest mergers & acquisitions figures are out, and they're not pretty. According to mergermarket, an M&A data watcher, the year's global slowdown is not only continuing but accelerating. New York can hang on to a thread of good news only in that its rate of decline is not accelerating. Read More

Are New York City's public-pension managers running an investment fund -- or an affordable-housing program? Read More

New York will (one presumes) have a new mayor come January 2014. One question for that mayor will be whether he or she chooses the past or the present. Read More

Former NYC traffic commissioner, ex-cabbie, and all-around legend "Gridlock Sam" Sam Schwartz had an intriguing piece in today's Daily News on "how to fix New York City traffic." Read More

An in today's New York Daily News shows that what used to be considered a morally heartless and politically unworkable idea -- cutting public-sector salaries and benefits to a manageable level -- is now becoming mainstream thinking. Read More