Developers and construction unions say the new 421a tax abatement is necessary to build new apartments in New York City — but critics disagree. “It’s extraordinarily expensive and it’s taken an inefficient program and made it more inefficient — some more affordable housing units, but mostly it’s just subsidizing […]
Tag: Bill de Blasio
De Blasio Clearly Needs Help Fighting Homelessness
– By John Spina For a Mayor who won office based on his vision to combat inequality, De Blasio’s campaign against homelessness has been a failure due to the limited scope of his programs. With few political allies in Albany the prospects for progress appear dim. According to the Coalition […]
New Citywide Computer Science Program Key to a Diverse Tech Economy, Experts Say
In an effort to quell Silicon Alley’s diversity problem, the city unveiled last month a new program that will bring computer science to all public school students by 2025. Computer Science for All will take $81 million of public-private monies to implement over the next decade. But experts believe the […]
Home Rule will Extend to Counties in Min Wage Battle
Senators involved with the New York State minimum wage bill have confirmed that they will be pushing for all municipalities to have the ability to set their own state minimum wage, not just New York City. “My bill authorizes municipal governments, which will include counties, cities, towns and villages,” said […]
Fresh Incentives in the Mayor’s Race
The Bloomberg administration’s $130 million subsidy of grocery-delivery company FreshDirect became a flash point in a recent mayoral debate when, on a question about job creation, Joe Lhota criticized Bill de Blasio’s disapproval of the subsidy.
Revamp EDC? It is under way
Mayoral candidate Bill de Blasio’s lofty goal of leveling inequality suggests big changes at the Economic Development Corporation. But his broad policies won’t bring sweeping transformation — the EDC is spreading out its resources without him.
Bill de Blasio Plans to Implement Inclusionary Zoning if Elected
Mayoral hopeful Bill de Blasio has ambitious plans to reshape the inequalities in the real estate market by mandating developers to build affordable housing.
Tech Community Nervous, But Shuns City Politics
As Mayor Bloomberg leaves office, New York City’s tech industry is dreading the day it loses its most vocal public ally. And it has no one to blame but itself.
Four More Years, Four More Industrial Parks?
New York’s next mayor wants a Brooklyn Navy Yard in each borough.
Back Pay for City Unions May Doom De Blasio’s Budget
City employees have been working without union contracts since 2009 in some cases and the next mayor is going to have to devise a way to pay all 306,000 of them retroactive and future wage increases.