Soon after he was elected governor 16 months ago, Andrew Cuomo made a point of publicly touring a state juvenile-detention center in the Mohawk Valley, west of Albany. Read More
Research
Over the next few days, as Gov. Andrew M. Cuomo and the legislature negotiate the final details of a state budget for fiscal 2012-13, New Yorkers will be hearing very little about Medicaid -- a subject that used to dominate the headlines out of Albany this time of year. Read More
According to the Wall Street Journal, Seven World Trade Center, Larry Silverstein’s first Ground Zero rebuilding effort, is now worth $940 million. Read More
U.K. Prime Minister David Cameron and New York Mayor Mike Bloomberg paid to Goldman Sachs chief Lloyd Blankfein in New York last week. The visits highlight a big risk to both Britain and New York's recoveries. Top leaders o Read More
Gov. Andrew M. Cuomo's hype machine went into overdrive late last week after the Legislature passed a scaled-back version of his Tier 6 pension reform plan. Read More
In delivering on Speaker Sheldon Silver's session-opening pledge to eliminate taxes on New Yorkers earning less than $30,000, Assembly Democrats have come up with a scheme that would make proud. Keep in mind the households in question already pay Read More
So, what to make of this Tier 6 pension thing? Is it truly “bold and transformational” ? Read More
President Obama recently announced his intention to restrict what can be sold in private vending machines at public schools as a way to address the obesity crisis among children and youth. Read More
With two weeks left in the state fiscal year, Albany's annual budget adoption process has been overshadowed by the once-a-decade imperative of reapportionment. Read More
The agreed-upon Tier 6 bill restores much of the benefit reduction originally proposed by Governor Cuomo–especially for career employees. Read More
Based on initial reports of Governor Cuomo’s pension deal with the Legislature –no defined-contribution option,* more marginal changes in other benefit levels for traditional defined-benefit pensions– the union reaction is absurdly (if predictably) over the top. Read More
Well, what do you know? Seventy-one percent of public school teachers in New York think new teachers should be able to choose between a traditional defined-benefit pension and a defined-contribution (DC) plan, like the one available to State University of New York (SUNY) professors for nearly 50 years, according to a poll the Empire Center poll released today... Read More