A new report finds that New York City is losing population across income levels, and subsequently schools are losing students.

630,000 is the number of riders who travel through Penn Station every day—making it the busiest transportation hub in the nation. The catch? It was designed, reportedly, for just 200,000. Revitalizing

On “Tin Cup Day,” Mayor Mamdani told Albany lawmakers that his administration had lowered the city’s previously projected two-year budget deficit by $5 billion

No question: New York benefits from world-class human capital and a dynamic, innovative economy. Increasing corporate taxes would risk New York’s competitiveness and signal that the State is less welc...

SEQR reform is a smart choice for New Yorkers that will encourage the development of much-needed housing and infrastructure, save money, and make New York a more affordable and resilient place to live...

Reviewing the top line figures from Gov. Kathy Hochul's budget proposal with Citizens Budget Commission President Andrew Rein.

The budget looks to offset federal funding cuts and expand child care while resisting pressures from the left to increase taxes on the state's wealthiest residents and corporations.

Meanwhile, Mamdani continues to say that corporations and the wealthy should pay higher taxes.

John talks with Andrew Rein, President of the Citizens Budget Commission, about the current NYC administration's task to bridge a multi-billion dollar budget gap. Learn more about your ad choices. Vi...

Winston Churchill famously warned, “never let a good crisis go to waste.” New Yorkers will be better off if Gov. Hochul and legislative leaders make smart choices to prevent a crisis in the first p…

The MTA is relying on $2.1 billion in one-time revenues over the next four years. While they reduce short-term financial pressures, they will not be available in future years, thereby masking the gap ...

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Dean Fuleihan was named to become First Deputy Mayor by Mayor-elect Zohran Mamdani in November 2025.

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New York City's 1975 fiscal crisis was a major turning point in the city's history. The city's rapid spending and lack of financial management led to a major crisis. In this video, Andrew Rein, Presid...

New York now confronts new challenges. Many places, particularly New York City, face a housing and affordability crisis. Energy demand is climbing. Adverse weather events are more frequent. Domestic o...

791 is the number of staff the City Comptroller can employ for the vital task of auditing City agencies, managing the $306 billion pension fund, registering contracts, analyzing the budget, monitoring

Reviewing history reveals two important findings: First, the City’s allocation for parks has been consistent over time. Second, as its capital investments in parks increased, growing debt service cost...