Routing $500 million through a Blackstone fund, the New York State Common Retirement Fund is among the largest investors in a notorious Ohio coal plant.
The City Council must enable budget-cutting new health insurance options for retirees, warns Eric Adams’s chief labor negotiator — or City Hall will eliminate existing insurance plans.
Out of every dollar the gas tax suspension costs the state, less than 50 cents are going into New Yorkers’ pockets.
A little-known federal initiative, the 340B Drug Pricing Program, supports services that wouldn’t otherwise get reimbursed.
Renewable energy developers are hungry to build in New York, but staffing at the bodies charged with managing the process hasn’t kept up.
1199 SIEU says it wants to end 24-hour shifts - but it has opposed city and state bills that would do so, and some question the sincerity of its objections.
The cancellation of a proposed cost-saving health plan after retired city workers sued could drain a special fund City Hall and unions use to pay employee benefits.
The deal has been two years in the making, but it’s been a secret for most of that time.
The comptroller sounded the alarm that the budget includes $18 billion in “unnecessarily opaque” spending, most of it under Hochul’s control.
The state’s grand plan to convert unused hotels into affordable housing hasn’t gotten off the ground. Lawmakers just boosted funding — but developers and housing advocates say that won’t help without lifting onerous zoning restrictions.
A comprehensive tracker of the issues at stake in New York’s budget.
The final budget made changes to bail law, discovery law, pre-arraignment detention, involuntary commitment and more.
The legislature wants to spend $250 million to combat homelessness. Hochul says it’ll actually cost $6 billion.
Rather than try to improve Hochul’s proposal, some environmentalists want to scrap it and instead concentrate on a forthcoming bill from Assemblymember Steve Englebright.
New York Focus obtained and analyzed a proposal presented by Senate leadership to the chamber’s Democratic caucus.
Experts say the state needs to spend at least $1 billion a year to cut pollution from buildings. Legislators are trying to get the governor closer to that figure.
New York state legislators have just days to question phone hacking, forensics, and fusion centers before the budget passes.
The governor’s projected price tag is five times higher than estimates by the legislature and outside researchers—but she hasn’t said how she arrived at her figure.
Budget negotiations center on one crucial question: should New York save or spend?
Advocates organizing for similar laws say loopholes in Hochul’s proposal make it “virtually meaningless,” and are encouraging the governor to withdraw the measure.