State Budget News

The State Is Making New York City Spend $275 Million More for Child Care Vouchers

May 12, 2025, 12:47 p.m.May 12, 2025, 2:40 p.m.

The state budget, finalized last week, increased the spending requirement on the city for the first time since the 1990s.

Governor Kathy Hochul speaks at the Vanderbilt YMCA in Midtown about proving tax breaks to families.

State Budget

Business Boosts Mark Hochul’s ‘Rainy Day’ Spending Plan

May 9, 2025, 4:28 p.m.May 9, 2025, 4:30 p.m.

The governor uses state reserves to pay down a $6 billion pandemic unemployment fund debt that had been burdening businesses, extends film credits and opens a rent-regulation exit for some landlords.

Albany

Budget Watchdogs Pan Hochul Spending Plan, Brace for Adams Proposal

April 29, 2025, 5:00 p.m.April 29, 2025, 5:00 p.m.

A $254 billion budget deal makes few provisions for massive federal cuts.

7 trains sit in an MTA maintenance facility near Citi Field.

How to New York

Budgeting to Avoid ‘Summer of Hell’: Your Guide to the MTA’s Capital Program

Jan. 30, 2025, 5:00 a.m.Jan. 29, 2025, 7:15 p.m.

The sprawling transit agency’s much talked about, multi-year, major-projects plan almost always takes a winding route to the finish line.

Budget

Trump’s Federal Funding Freeze Could Hit New York Hard

Jan. 28, 2025, 4:34 p.m.Jan. 28, 2025, 5:16 p.m.

State Attorney General Letitia James and counterparts sue to ensure Medicaid and other dollars continue to flow.

Gov. Kathy Hochul and Mayor Eric Adams celebrate at City Hall the Council ing the City of Yes housing plan, Dec. 5, 2024.

Economy

Hochul and Adams Budget Generously, Despite Looming Washington Threats

Jan. 27, 2025, 4:55 a.m.Jan. 24, 2025, 5:19 p.m.

Tax rebates and heavy spending define spending proposals unveiled as Trump and Republican-controlled Congress prepare likely federal cuts to social programs.

Two people walk together down a residential block in Jamaica.

Housing

Neighborhoods That Most Need Basement Apartment Legalization Left Out of State Pilot

April 29, 2024, 5:00 a.m.April 28, 2024, 11:46 a.m.

Six of 15 districts in the program to allow subterranean apartment conversions are in Manhattan, a borough with only 1% of the city’s basement and cellars in smaller homes.

Governor Kathy Hochul presents the Fiscal Year 2025 Executive Budget in the Red Room at the State Capitol.

State Budget

Hochul Housing Deal Prompts Pushback and a Big Question: Will It Be Enough?

April 15, 2024, 5:01 a.m.April 14, 2024, 9:43 p.m.

Measures include a new developer tax break, “good cause” tenant protections, rent increases for improved vacant apartments and unshackling New York City’s development powers.

Assemblymember Zohran Mamdani speaks at Columbus Circle about improving bus service as part of the congestion pricing rollout.

Transit

Boosts to Bus Service Must Come With Congestion Pricing, State Pols Say

Feb. 8, 2024, 5:25 p.m.Feb. 10, 2024, 8:39 a.m.

A new $90 million proposal would increase service frequency and triple the number of bus routes that offer fare-free rides.

Mayor Eric Adams visits Rikers Island to meet with staff and detainees on Thanksgiving 2022.

FAQ NYC

LISTEN: Is It a Crime, Empire State Edition

Jan. 17, 2024, 12:59 p.m.Jan. 17, 2024, 12:59 p.m.

A week’s worth of news dropped Tuesday afternoon and evening, with the city and state budget proposals plus the first disclosure of who’s putting money into Eric Adams’ legal-defense fund and a update on who’s backing his reelection campaign. Hosts Christina Greer, Katie Honan and Harry Siegel discuss all this, and more. If you like […]

State Budget

The State Is Making New York City Spend $275 Million More for Child Care Vouchers

Business Boosts Mark Hochul’s ‘Rainy Day’ Spending Plan

Budget Watchdogs Pan Hochul Spending Plan, Brace for Adams Proposal

Budgeting to Avoid ‘Summer of Hell’: Your Guide to the MTA’s Capital Program

Trump’s Federal Funding Freeze Could Hit New York Hard

Hochul and Adams Budget Generously, Despite Looming Washington Threats

Neighborhoods That Most Need Basement Apartment Legalization Left Out of State Pilot

Hochul Housing Deal Prompts Pushback and a Big Question: Will It Be Enough?

Boosts to Bus Service Must Come With Congestion Pricing, State Pols Say

LISTEN: Is It a Crime, Empire State Edition

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