News — Economic Mobility & Security

Our Analysis of NYC’s Fiscal Year 2025 Adopted Budget

The New York City Council passed the Adopted Budget for Fiscal Year 2025 (FY25), the largest in the city’s history at $112.4 billion. In this brief, we assess how the programs we champion fared in the Adopted Budget.

The Cost of Killing Congestion Pricing

Congestion pricing, which was approved by New York State lawmakers in 2019, is designed to discourage the use of cars in one of the world’s most traffic-clogged urban centers, reduce dangerous carbon emissions and remove some 143,000 vehicles from midtown Manhattan.

Examining West Harlem: Demographic and Economic Changes

In the years since Columbia’s West Harlem expansion was approved, West Harlem has seen extensive and intensive changes to its demographic makeup, notably significant changes in race and ethnicity, and income. Alongside these demographic changes, rents and sales prices have risen, rent stabilized housing has been lost, and evictions have been ongoing.

Testimony: Oversight Hearings on The New York City Ferry System

In a positive development over the summer, the city decided to extend discounted ferry tickets to Fair Fare enrollees. However, it still leaves out many people, including students. Intro 236 seeks to make it easier for students enrolled in a city high school to use the ferry system by offering them the discounted fare.

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