Tag: New York City

New York City Fire Department (FDNY) pensions have averaged more than $100,000 for new retirees for the past seven years, according to data previously withheld by the pension fund and obtained by the Empire Center after a lengthy court battle. Read More

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. Read More

It's safe to say that few Capital Region residents split their time between an upstate residence and a rent-controlled apartment in the five boroughs. So with just 11 days left in the legislative session, should the citizens of Albany, Niskayuna or East Greenbush be concerned about housing policy in New York City? The short answer: You bet. Read More