Why has Scott Stringer Invested City Pensions in Private Equity Firms like Blackstone?
City pension fund investments in private equity real estate haven’t just subsidized rent hikes and evictions. They’ve also cost the city at least $370 million.
It’s the first step New York has taken to address its housing shortage in years — but tenant groups are fuming and real estate wants more.
A version of good cause eviction and new hate crimes are in; new taxes on the wealthy and education cuts are out. Here’s where things landed in this year’s budget.
The Assembly rejected legislation that would have sped up New York’s transition away from gas.
Previously unreleased disciplinary files expose officers who beat, slap, and pepper spray the residents they’re supposed to protect. Most are back at work within a month.
Referencing a New York Focus story, Assemblymember Jessica González-Rojas introduced legislation to prevent public agencies from naming the medically discredited condition in their reports.
In the New York City teachers union, anger over a plan to privatize retiree health care could send a longshot campaign over the edge.