Last Thursday, the NYC Council convened a Stated meeting, where they passed and introduced multiple pieces of legislation. The Council passed legislation prohibiting provisions in employment agreements that shorten the period...more
Last Monday, the New York City Council released its response to the Mayor’s FY25 Preliminary Budget. The response identifies $6.15B in newly available funds, citing higher-than-expected tax revenue from both the current and...more
Earlier this week, the New York City Council released its response to the Mayor’s Fiscal Year 2025 Preliminary Budget. The response identifies $6.15 billion in newly available funds, citing higher-than-expected tax revenue...more
Congestion Pricing Rules Finalized by MTA-
Last Wednesday, the Metropolitan Transportation Authority’s Board approved final rules for the city’s Central Business District (CBD) tolling program, with a vote of 11-1. The...more
On Wednesday, March 27, the board of the Metropolitan Transportation Authority approved final rules for the city’s Central Business District tolling program by a vote of 11-1. The final tolling structure closely mirrors the...more
Last Tuesday, the New York Court of Appeals made a decision that could significantly change New York City’s property tax system. In a 4-3 decision, New York’s highest court allowed a lawsuit by Tax Equity New York (TENNY) to...more
Last Tuesday, the New York State Assembly and Senate released their one-house budgets, outlining their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high individual earners and the...more
On March 12, 2024, the New York State Assembly and Senate released their one-house budgets, indicating their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high earners, increasing...more
The City Planning Commission voted to advance a zoning text amendment known as the "City of Yes for Economic Opportunity." The proposed changes include 18 changes to current rules, designed to make it easier for small...more
Last Wednesday, the New York State Legislature approved the proposed Congressional maps, and Governor Hochul signed the maps into law. The Assembly approved the maps 115-33, and the Senate approved the maps 45-17, with the...more
Mayor Adams announced that the next round of agency budget cuts, which was expected for April, has been cancelled. Adams originally announced three rounds of budget cuts planned for November 2023, January 2024, and April...more
IRC Approves New Congressional Maps-
New York’s Independent Redistricting Commission (IRC) voted to approve new congressional lines. Small changes have been made to a few upstate districts, but the congressional districts...more
Mayor Adams and several other mayors throughout New York State testified at the state’s joint legislative budget hearing for local governments. Also known as “Tin Cup Day,” local governments submit their requests for...more
Council Overrides Mayoral Vetoes-
Last Tuesday, the NYC Council voted to override Mayor Adams’ vetoes on the How Many Stops Act and a ban on solitary confinement in city jails. The How Many Stops Act will require police...more
Mayor Adams Delivers State of the City Address-
On Wednesday, Mayor Adams delivered his third State of the City address, laying out his vision for the year ahead. He focused his speech on public safety, economic recovery,...more
Governor Hochul Releases FY25 Executive Budget-
On Tuesday, Governor Hochul unveiled her FY25 Executive Budget. She proposed a balanced $233B budget, which does not propose any increases in individual or corporate taxes but...more
On Tuesday, Governor Hochul delivered her 2024 State of the State (SotS), laying out her vision for the year ahead. She focused her speech on proposals for mental health, healthcare, the environment, and the economy. The...more
Last Wednesday, the NYC Council held their charter meeting to begin the 2024-2025 session. Adrienne Adams was unanimously reelected as Speaker. Deputy Speaker Diana Ayala, Majority Whip Selvena Brooks-Powers, Minority Leader...more
Last Wednesday, the NYC Council convened their final Stated meeting of the year, where they passed and introduced multiple pieces of legislation. The Council passed several policing and criminal justice bills, including a ban...more
Mayor Adams announced Lynelle Maginley-Liddie as the new Commissioner of the NYC Department of Correction (DOC). Maginley-Liddie currently serves as First Deputy Commissioner and Chief Diversity Officer of DOC, and will...more
Mayor Adams announced the appointment of Leila Bozorg as the City’s new Executive Director for Housing. Bozorg will report to Deputy Mayor Maria Torres-Springer as part of an expanded housing, economic development, and...more
The Traffic Mobility Review Board has issued their report on a recommended tolling structure for the Central Business District tolling program. The TMRB recommended a $15 base toll for passenger vehicles, discounted overnight...more
12/5/2023
/ Agribusiness ,
Dispensaries ,
Marijuana ,
Marijuana Related Businesses ,
New York ,
Non-Compete Agreements ,
Proposed Legislation ,
Recreational Use ,
State and Local Government ,
Tolling ,
Traffic Laws ,
Wrongful Death
Mayor Releases November Plan with $314M in Cuts-
Last Thursday, Mayor Adams released the City’s November 2023 Financial Plan Update (the Plan). The Plan contains total funding of $110.5 billion for Fiscal Year 2024, which...more
Mayor Adams Campaign Investigation-
Federal agents seized Mayor Adams’ electronic devices early last week, as investigations into his campaign continue. This follows a raid at the home of Adams’ chief fundraiser, Brianna...more
Mayor Adams announced the appointment of Louis Molina as Assistant Deputy Mayor for Public Safety. Molina has served as Commissioner of the NYC Department of Correction since the beginning of the Adams administration. As...more